Which makes absolutely no sense. Unless you understand this:
"When derivative markets are linked to commodity markets, this nearly unlimited capital from the financial sector can cause excessive price volatility."<<< I mean WTF!!!???!!!
Only bullshitters understand that jibberish!!!
Why would it just be OK after 5 years, unless millions die, and by that time gas has doubled, I mean how? Oh yes I know, its all bullshit!
An Indian farming family carry bundles of paddy from a rice field in the northeastern state of Tripura. India has had food price inflation of 17% in the last year. Photograph: AFP/Getty ImagesRising food prices and shortages could cause instability in many countries as the cost of staple foods and vegetables reached their highest levels in two years, with scientists predicting further widespread droughts and floods.
Although food stocks are generally good despite much of this year's harvests being wiped out in Pakistan and Russia, sugar and rice remain at a record price.
Global wheat and maize prices recently jumped nearly 30% in a few weeks while meat prices are at 20-year highs, according to the key Reuters-Jefferies commodity price indicator. Last week, the US predicted that global wheat harvests would be 30m tonnes lower than last year, a 5.5% fall. Meanwhile, the price of tomatoes in Egypt, garlic in China and bread in Pakistan are at near-record levels.
"The situation has deteriorated since September," said Abdolreza Abbassian of the UN food and agriculture organisation. "In the last few weeks there have been signs we are heading the same way as in 2008.
"We may not get to the prices of 2008 but this time they could stay high much longer."
However, opinions are sharply divided over whether these prices signal aworld food crisis like the one in 2008 that helped cause riots in 25 countries, or simply reflect volatility in global commodity markets as countries claw their way through recession.
Before you read the following bullshit sob story about these people who allegedly had their liberties infringed upon consider a few points: 1) This is on David Ickes website, this is something you can contemplate later (while ruminating on reptilian shapeshifters). 2) The multi-millionaires are upset because they were not allowed to start a 15,000 head/ cattle slaughter operation. Thats BIG MONEY, far from organic, and far from self-sustaining (review the consumer environment section for more on that). This would be a lot different were they just trying to make a sustainable small scale operation for themselves. 3) Then they have the nerve to conflate it with the global warming debate.THIS IS WHY I CALL IT FREEDUMB, DO YOU THINK I GIVE A FUCK ABOUT MULTIMILLIONAIRES AND THEIR BIG AGRI CHOP SHOPS. FUCK THEIR CANCEROUS RIGHTS.
This is a particularly nasty story about warming alarmist facism by the Government of Western Australia and the retribution they let rip on a family resulting in the Thompsons receiving an eviction notice with just 4 days warning.
Matt and Janet Thompson came from America, invested millions of their own money trying to start a farm with 15,000 head of cattle, and was going well until Matt questioned the climate change lunacy and policies of Western Australia. In a move worthy of North Korea the government machine closed ranks and set about destroying the Thompsons. by burying their business in red tape and never ending licence applications.
So far a black Holden has not turned up in the dead of night to cart Matt Thompson off to the Gulag in Arnhem Land, but it could only be a question of time as eco facism takes hold in Western Australia.
I need your help, because they need your help. Please read this whole story and consider if you can help. WUWT readers may recall this story: Death of a Feedlot Operator …in which the anal-retentive government of West Australia has “licensed” a family farm out of operation due to some shonky science and arbitrary application of the “sniff test”. Yes that’s right, cattle farms smell, so do pig farms, as does any farm. But now it’s reason to shut one out due to baseless complaints from the local greens. And, it all started when Matt Thompson started doubting global warming and talking about it publicly.
I’ve never made a plea to the WUWT worldwide readership for help, I’m making one now to donate to these people to stave off eviction. If nothing else, do it to spite the government of Western Australia and the greens (Environmental Defender’s Office WA) that have turned farming into a “crime”. The real crime is that government listens to these hotheads.H/T WUWT
This sort of behaviour by Church of Climatology administrations is likely to become the norm, as having failed to scare us shitless with the climate change lie, they will now seek to force their will on people by methods favoured by totalitarian regimes.
Don’t bring your investment dollars to Western Australia — not while the Department of the Environment effectively controls the state.
The Thompsons waited a full year to get Works Approval for a 15,000 head feedlot. After they had already committed the capital, the rules kept shifting. They discovered they’d need ongoing licenses as well. After several years of ramping up the capacity on these licenses, things changed. Matt spoke out as a skeptic. About that time, the renewals were delayed, then the numbers were cut in half, and new conditions were added that were impossible to meet. To feed and supply water for thousands of cattle the Thompsons had to sign agreements in advance to pay for hundreds of thousands of dollars of goods they could not use, but had no way of knowing that at the time. When they appealed, it took 18 months to get “vindicated” but by then there was only six months left on the “two year” license. Not enough to set up all the contracts and run a business. The new sub-clauses meant that even licenses for a qualified “10,000″ head had vague untestable conditions: the license you have when you don’t have a license. H/T JoNova
Now that sufficient hysteria has spread over the H1N1 virus, they are considering fueling our persistant gluttony with cubes of meat grown in petry dishes to supplement that grown in overcrowded, unsanitary, livestock farms which have come under scrutiny for being completly inhumane, I mean toxic, I mean breeding grounds for more killer pig flu (that kills no one). In order to perpetuate the greensumption front we all have to do our part by being open to alternative means to getting enough energy to work and pay off insurmountable debts to the people who are entitled to print money, with the added benefit of not having to change a thing about our own lifestyle!!!! Now thats kosher!