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Monday, April 14, 2008

Riots

Wow. We are giving out money like candy… to try to cure the upshots of giving out money like candy…

Rising food prices have sparked recent riots in several countries, including Haiti, the Philippines and Egypt.

The World Bank has said a doubling of food prices in three years could push 100m more people into poverty.

...

World Bank head Robert Zoellick had on Sunday proposed a “new deal” action plan for a long-term boost to agricultural production.


So, I was chided for intimating that the Bear and Stearns bailout, and the opening of the federal reserve to irresponsible lenders, is more Mao than it is market maintenance. Now we have Zoellick (Bush’s former deputy secretary of state) giving ‘new deal’ speeches? Maybe hotel will take back his snarky effing comment now.
---
First, we all know the 'new deal' was unconstitutional, but it happened anyway.

Second, what was it? We made fake money out of real money, back then. Now... what are we going to do make fake-fake-fake money?

Comments

Just as soon as you prove Bush is a Marxist and your hero Billary is some sort of American.


Una Salus Victus Nullam Sperare Salutem

2Hotel9 on April 15, 2008 at 04:55 am

Hotel,
Bush’s guy is pushing a ‘world wide new deal’. Need I say more?


rasberry

Sparkie Arbuckle on April 15, 2008 at 06:45 am

Still waiting for proof that Bush is a Marxist and your hero Billary is some sort of American. Hell, just prove she is not going to nationalize healthcare and petroleum industries.


Una Salus Victus Nullam Sperare Salutem

2Hotel9 on April 15, 2008 at 07:02 am

Oh, yeah. As to the riots, whose fault are they, again? Who is the “genius” that has been pushing biofuel for 15 years? Who is responsible for elevating the number of people who are not able to feed themselves? What political ideology do they espouse?


Una Salus Victus Nullam Sperare Salutem

2Hotel9 on April 15, 2008 at 07:05 am

You keep trying to tell us that Bush/Repubs are the ones responsible for the cancer of socialism and the bleeding ulcer of environazi stupidity. Sounds like you are trying to convince yourself, because I know it for the lie it is.


Una Salus Victus Nullam Sperare Salutem

2Hotel9 on April 15, 2008 at 07:09 am

first,
its pretty funny that none of you conservatives will touch this. its like you guys have your fingers in your ears yelling ‘la-la-la-la-i-cant-hear-you’. quick, get some posts up to bury this on page two.
second,
i said nothing about whose fault the riots are. i also said nothing about Hillary, nice fucking strawman though. a distraction, perhaps, to occlude the snide, worldwide Mao-ism of Bush’s political troops. in fact, if you recall, i have posted explicitly on hillary’s ‘douchiness’.
third,
now its your burden to explain away this worldwide newdealing as being within the bounds of the conservative ideology. one of Bush’s ‘boys’ is pushing it.
fourth,
also, i said nothing about enviro-nazis. however, the World Bank is looking forward and thinking about the low-carbon future - read for yourself. i don’t think it is environmentally motivated, rather supply motivated. but i’m sure r108 has some lies for you, alternately, if you wish to continue yelling with your fingers in your ears.


rasberry

Sparkie Arbuckle on April 15, 2008 at 07:29 am

I disagree that the current food shortages can be simply explained in terms of an increased utilization of biofuels. 

Other factors include hedging (due to the weak dollar), increased energy costs, major crop failures in China, and increase demand. 

At the moment there is actually no evidence that biofuels are even playing a role—though it is likely in the future they will—because US production of rice and wheat actually increased in 2007 (the yield for this years winter wheat increased by 14% compared to last year for example).  And with the current world shortage, US production is expected to sky rocket this year. 

The main reason that many countries, China, Canada, Australia, and Argentina for example, have seen a decline in wheat is due to weather.  The cooler weather meant more freezes and greater crop loss, but plants are more vulnerable to pests in cooler weather (they don’t thrive and hence aren’t as resilient).

Incidentally, about 8% of US farmland is currently under the conservation program, where the US pays farmers to not plant, essentially the federal government is leasing the land so that it can be used as a natural habitat for wildlife.  Many of those leases are not being renewed by the farmers because they can earn so much more from utilizing that land.  This 8% is about the size of the state of New York to give you a visualization.

Additionally somewhere around 1/3 of potential US crop lands are fallow, simply because with the historically depressed prices of these commodities, it simply wasn’t economical to farm that land.  That is nonarable lands is primarily an economic concept.  You can always get more land to produce with enough soil amendments and irrigation, but is it economically viable to do so?

We’ve got a long way to go before US farmlands are tapped out.  Incidentally, the increased cost of corn means that ethanol is driven even further away from economic viability than it was before.  The ethanol mandate in the Energy Policy Act of 2005, by creating an artificial demand, has set back the case for ethanol as a fuel alternative even further. Tampering with the market often has negative consequences, as this clearly illustrates.

As to the “new deal”, don’t you need a few more details than this to determine whether it is socialistic, and what is your argument for why you think that previous third-world support has created this problem?

Carrick on April 15, 2008 at 07:42 am

Sparkie:

the World Bank is looking forward and thinking about the low-carbon future - read for yourself. i don’t think it is environmentally motivated, rather supply motivated.

Well if they think that biofuels are going to lead us to a low-carbon future, they need to pull their heads out of their butts.  Biofuels are carbon based too, so they also produce CO2 when they burn (actually they generate more per gallon combusted than gas, because you have to burn so much fuel just to produce them).

If you want people to intelligently comment on your posts, it would help to have a better rounded out argument though.  I’m just saying.

Carrick on April 15, 2008 at 07:48 am

its pretty funny that none of you conservatives will touch this.

I wouldn’t touch a steaming pile of dogshit either.  That’s a correct analogy, btw.


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robert108 on April 15, 2008 at 07:58 am

Talk about putting fingers in ears and going lalalala, you keep telling us that Bush is a Marxist, without the least evidence, while ignoring the fact that your hero Billary is a self admitted Marxist. Just close your eyes, click your heels together, and keep repeating"America is evil, America is evil” and you just might convince yourself it is.

Again, who, exactly, is at fault for all this shit? What political ideology do they espouse?


Una Salus Victus Nullam Sperare Salutem

2Hotel9 on April 15, 2008 at 08:46 am

hotel
if you want to talk about bullshit slinging, don’t include comments to the effect of ‘you love hillary’ and so on.

carrick
i said nothing about biofuels. to speculate: i think they are getting ready to pare down as in biofuels aren’t going to do the work in the future that fossil fuels now do.

r108
admittedly, i am up to feather ruffling. but also, i am interested in pointing out to you ‘conservatives’ the slippery slope you begin to slide down when you are so quick to get in line behind the pres or rush or whoever. so much hostility to non-conformity in a party of indivuduals who purport to think for themselves. view dougee, the young-un, who clearly is just a punchline spitting drone. as for the dogshit comment, if that’s what they call an argument down there at the old folks home, i ain’t one to trifle.


rasberry

Sparkie Arbuckle on April 15, 2008 at 07:08 pm

carrick
as to your comment about my style of argumentation. you are right. apologies. all the same, we are heading into a depression (or Zoellick is really jumping the fucking gun). none of us like regulation, but when it comes to banks misrepresenting their assets and then being compensated for lying to us and ripping us off… it pisses me the fuck off. let them shrivle and die. oh, but the fatties might not be able to afford XYandZ that they don’t need. godforbid people state might only be able to buy what they can afford! ISN’T THAT THE EFFING MANTRA YOU GUYS SING?

christ. its like arguing with a bunch of birds. whatever this month’s shiny little piece of tinfoil is… it gets attended to. but what we said yesteryear, fuck it. remember all the diatribes about brining democracy to the middle east i read on here? what a bunch of horse shyte. patsies.


rasberry

Sparkie Arbuckle on April 15, 2008 at 07:20 pm

Carrick,

So while the rest of the world is running short of food because of colder weather, AlGore gets demonstrably fatter hawking global warming.

Sparkie,

No one much gives a rip about the World Bank.  As for Mr. Zoellick, I would remind you that President Eisenhower appointed Earl Warren to the Supreme Court and later acknowledged that appointment as the single biggest mistake of his presidency.  To label Zoellick as one of “Bush’s boys” is something I’d expect of RBB… if he wasn’t so busy shilling for Barack Obama.


“Poverty of goods is easily cured; poverty of the mind is irreparable.”

Bat One on April 15, 2008 at 07:26 pm

And you still have not proven a single thing. Other than your hero Billary is a lying piece of Democrat crap, ofcourse. Try proving Bush is a Marxist, then we can move on from there.


Una Salus Victus Nullam Sperare Salutem

2Hotel9 on April 15, 2008 at 07:48 pm
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