Remember the power ‘black outs’ of last summer?
The rising ‘fuel’ prices of the past few years?
These ‘issues’ are connected … and affect us all.
Now – for an extrememly insightful look at who OWNS and CONTROLS the global food markets – comes a timely article in this weekend Toronto’s Globe & Mail newspaper by Sinclair Stewart & Paul Waldie, both veteran business journalists …
Read it quick before it gets ‘vaulted’ into the archives, and/or ‘locked down’ and available only to ’subscribers’. The comments section is equally as engaging and insightful.
Read it to UNDERSTAND your ROLE in this brewing fiasco. Save it for your soon-to-be starving GRANDCHILDREN:
http://www.reportonbusiness.com/servlet/story/RTGAM.20080530.wcover0531/BNStory/Business/home
Excerpt: ” … The amount of fund money invested in commodity indexes has climbed from just $13-billion (U.S.) in 2003 to a staggering $260-billion in March, 2008, according to calculations based on regulatory filings. …”
Where is this money coming from? You & me.
Our pension funds, our mutual funds, our institutional investors.
UNDERSTAND your IMPACT on the FUTURE of the planet. Every dollar you spend DEFINES our HISTORY … Act NOW.
June 1, 2008 at 4:58 pm
Isn’t it an oft-quoted native saying – I’m hacking it up here, but perhaps you recognise it – ‘when there is nothing left of this earth, the white man will finally realise you can’t eat money’ …
C replies: Yup, except I’d argue, it ain’t JUST ‘whites’ anymore eating the money … Everyone’s wanting MORE & MORE & MORE. Both rampant Greed and irrational Fear are EPIDEMIC … Yet, we are ALL ‘natives’ of this wondrous planet and unless we do start taking better care of it, it will most surely just ‘get rid’ of us. As a species, we are NOT indispensible … Overcoming our own ‘Greed’ and ‘Fear’ is paramount to our own species SURVIVAL. In my little ol’ opinioni.