Saturday, January 15, 2011
Rising food prices the real reason unreported by the news media
The Dallas Morning News printed a story headlined: “Global food prices reach record high in December.” Per the article according to the United Nations Food and Agriculture Organization, food prices are rising dramatically. The rise in price is attributed to rising oil prices.
Yes oil can be attributed to the cause; however the article was vacant of what is behind the cause. The world’s demand for oil is on the rise and the Obama regime is decreasing America’s oil output. Basically causing the supply to be reduced while the demand raises that attaches itself to the price of oil.
Another main culprit is ethanol. The current source of ethanol in the USA is corn. Meaning we are taking food (corn) and inserting it into our gas tanks. Causes less corn to be on the market for food. Corn is used to make feed for livestock. Livestock becomes expensive to feed, that cost is passed on to the consumer in the form of higher prices for beef, pork, and poultry.
Because of the rise in price for corn, farmers dedicated additional acreage to grow corn, while decreasing acreage for other agricultural products, causing fruit and vegetable prices to rise.
Gas prices are soaring over $3.00 a gallon and our bias news media is virtually silent. During the President Bush years when gas approached $3.00 a gallon, that news media continually to report on the rise day after day, story after story. All illustrating the hardship it was placing on hard working Americans.
Now that there is one of them thar Democrats in The White House (the Obama regime), the news media is ignoring the rising gas prices. How transparent of them. This omission is an admission of who controls the bias news media in the United States.
Posted by Tony aka: PropagandaBuster at 11:14 AM
Labels: Rising food prices cost of gasoline oil price ethanol feeding livestock feed stock bias news media Obama regime slanted reporting inflation agriculture emerging markets world hunger