Posted by trucker40 on October 30, 2008 at 21:58:07 from (70.240.145.246):
In Reply to: Re: Boone Pickins posted by ldj on October 30, 2008 at 17:00:26:
One thing is the reason corn was messed up was because of speculaters using oil on the futures market,so you cant say that really was the reason for the drastic rise in the price of corn.Its way more complicated than that.Look,every country has something that is a measure of their wealth,gold,diamonds,coal,its a long list,America has crops of wheat,corn,beans,lots of other food.We supply places like Saudi Arabia and other places with most of their food.For many years the buyers always said there was a big surplus of corn,and kept the price low.Even 3 years ago corn was still 2 dollars a bushel.Ethanol did not just begin over night,its been around since the late 70s.Its a big bunch of hype that corn being used for ethanol caused the price to go up.Speculaters on the price of oil caused it.
Now natural gas for cars to replace imported oil?Anything that replaces imported oil helps.
Basically government seems to want you to be dumb enough to believe all is hopeless,then some politician with a "plan"will come along and "fix"the problem.Hmmm,imported oil wrecking the economy you say?I give you natural gas to burn in your car,and thats going to keep the boogyman away.Yeah right!I know its not a politicians idea,just wait,it will be if they get enough bribes to go through with it.
Our crops are like a big portion of our spending money to the country.In the real world unless it causes a shortage,which it hasnt,there is no reason for it to raise the price of corn so much for using it for ethanol since we already were doing it anyway and more acres were planted just for ethanol.Its hype to try and hurt ethanol since its competing with oil would be my guess.Somebody has been lying all along to keep the price down,all of a sudden it jumps up,lies are told as the truth,next thing the price of everything goes up.Its all manipulation.If there still is a NFO or some kind of farmers union,they should be telling the truth about whats going on.Since there is nothing to keep them honest,the crooks are having a real good time manipulating the market and making a fortune on paper,while us poor working folk are lied to and robbed and abused.
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