Global Warming is Killing Me

Yes, Global Warming is killing me. Whether it is true or not, I don't know, but the measures on the bio-fuels, this is insanity. What does pushing bio-fuels have to do with global warming yes or no anyway? It is wild. Now, with the rice shortage hitting the United States, all hell may break loose. And 12-percent of the corn crop going to ethanol, that is a lot of food that is being destroyed.

Farmers are not making money on this, since the credit crunch is destroying their ability to tap into the futures market. The farmers have to sell their crop for cash to ADM or one of the other cartel companies, often at a price much lower than the futures market. Other farm cooperatives are trying to play the futures market, and are getting hit with massive margin calls. Then they are forced to buy their crop on the futures market for a higher price than they receive for the farmer. How crazy, but speculation is not a game that anyone wins except the Wall St, and London players.