Since 2007 the price of food around the world has just about doubled. Bad harvests, inflation, or George Bush didn't cause this price increase. According to a secret report from the World Bank, reported in the UK'sGuardian, 75% of the increase in price has one source: "Biofuels." This contrasts with US claims of only a 3% biofuels-caused increase. The World Bank also says that rising food prices have pushed 100 million people worldwide below the poverty line. Riots have been sparked from Bangladesh to Egypt.
Where is the outrage? Where are the MSNBC stories on food riots? Where is Sean Penn?
The Holy Grail of the Left in recent years is Climate Disruption (formerly known as Global Warming and Climate Change). Much ink has been spilled and much airtime has been devoted to pushing the Green Agenda. Legislation has been passed in the US, Europe and other places to address this so-called crisis. Incandescent bulbs have been banned, and mercury laden CFLs required. Coal-fired power plants are shuttered, raising the price of energy. Vast oil fields are placed off limits. "Cap and Trade" rules threaten our already reeling economy. Among other measures, Congress mandates that gasoline contain 10% by volume of ethanol. As a result, the US is currently burning about 25% of its corn crop as fuel. Government subsidies and mandates work quite well at converting food into fuel, thus reducing the amount of food. As anyone with more than a room temperature IQ knows, less of something results in higher prices. Hungry people? Pssh! Saving the planet takes precedence.
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