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Letters
Friday, July 4, 2008 12:00 AM

A biofuel food-price bombshell

The U.K. Guardian reports some astonishing numbers from a "confidential" World Bank study on energy crops and grain prices.

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  • Friday, July 4, 2008 02:26 PM

    POPCORN FUTURES AND SODA STRIKES

    Well, since fructose is also a corn derivative, maybe we could stage a national snacks & soda strike.

    If we refused to eat all this toxic junkfood, it would depress the corn market signifcantly and lower the price of corn.

    Seriously. Do you have any idea how much clout the snacks and drinks portion of our economy wields with lobbyists?

    Fast food chains will be seeing such huge hits by winter that their surplus will go into depressing food prices since even a Big Mac is going into unattainable territory for the Working Broke in freezing houses.

    And there were until recently all sorts of correlations between fructose intakes and obesity.

    Although this may happen anyway in a de facto sort of way since snacks and soda are going to be the first out the door as we go on a national budget.

    If I had the money I'd buy popcorn futures. Making it at home from scratch is so cheap that there will be a run on it from the snack-deprived. Hint keep it in the freezer.

    Maybe the two thirds of this overweight country can now consider that girth hibernation storage.

    If the majority of the country got into diet mode and forsook all the munchie junk, it would add greatly to the food stores available and start to lower the prices.

    I've been reading some budget tips on chatboards and the number of formerly middle-class older people going into belt tightening mode in some very scary ways (like only eating once a day and watering kids' milk) is starting to get quite sobering.

    By August the GOP will realize what a goldmine with these same voters they have in that footage of Obama pondering the cost of arugula.

    And by this winter the price of fuel oil will mean true hardship in the North.

    Just in time for the elections.

    It'll be the first time the October Surprise will end up being about nationalizing oil.

    It's inevitable at this rate. It's no longer IF, it's WHEN.

    First candidate to go for it will win.

    -gala1

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