Amber Waves of Ethanol »
Posted By TechnologyExpert 4 months, 1 week ago in Business & FinanceThe world food crisis is highlighting tragic stories of multitudes on the brink of starvation. Nonetheless, this crisis is likely to encourage a surplus of another kind: market fundamentalism. Advocates believe that if only markets are allowed to do their thing, economies can easily accommodate catastrophes or shortages of agricultural inputs.
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TechnologyExpert
I am Editor-in-Chief at Alice Hill's RealTechNews (http://www.realtechnews.com). I also have my own blog (Tech-Ex) at http://TechnologyExpert.Blogspot.com. Finally ...
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simonsez4 months, 1 week ago
At one time subsidies were important because farmers needed to be able to survive in down years. It brought stability to the food supply.
Once given, however, it is nearly impossible to take away and it has become an absurd problem in this country as illustrated by this latest farm subsidy bill.
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DropkickaLib4 months, 1 week ago
Burning food for fuel is as smart as lighting a cigar with a Greenback.
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kboy4 months, 1 week ago
Most farm fall due to poor business practices such as "hip-pocket bookkeeping". The availability of credit based on land values is another. The mega-farms have a huge lobby that lets then set market prices (example: Milk Boards) regardless of cost or need. Sugar beets, peanuts, angora, and now corn are prime examples of a farm policy gone wild. Non of this will help small farmers that have bad business practices, but it certainly will fill the pockets of giant agriculture business and the politicians they own.
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