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Authoritarian governments start stockpiling food to fight public anger
The Telegraph (UK) ^ | 2/1/11 | Ben Farmer

Posted on 02/01/2011 3:47:53 AM PST by Daisyjane69

Commodities traders have warned they are seeing the first signs of panic buying from states concerned about the political implications of rising prices for staple crops.

However, the tactic risks simply further pushing up prices, analysts have warned, pushing a spiral of food inflation.

Governments in Asia, the Middle East and North Africa have recently made large food purchases on the open market in the wake of unrest in Tunisia which deposed president Zine al-Abidine Ben Ali.

Resentment at food shortages and high prices, as well as repression and corruption, drove the popular uprising which swept away his government.

Youths reportedly chanted "bring us sugar!" in the demonstrations which toppled his regime.

(Excerpt) Read more at telegraph.co.uk ...


TOPICS: Business/Economy; Culture/Society; Foreign Affairs; News/Current Events
KEYWORDS: economy; food; foodcrisis; foodinsecurity; foodprices; foodriots; foodshortage; foodshortages; governments; qe2
Courtesy of the Ben Bernank.
1 posted on 02/01/2011 3:47:55 AM PST by Daisyjane69
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To: Daisyjane69
"Youths reportedly chanted "bring us sugar!" in the demonstrations which toppled his regime.

Let them eat cake.

2 posted on 02/01/2011 3:52:04 AM PST by spokeshave (WTF....the only thing 0bambi's investments will get us is a bullet train to bankruptcy.)
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To: Daisyjane69

Ben B is only following a blueprint put together by the globalists/elitists. This is their final push for global control.


3 posted on 02/01/2011 4:05:20 AM PST by riri
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To: Daisyjane69

If this is true it will make the food shortage even worse. Its kinda’ like the time Johnny Carson joked about there being a shortage of toilet paper...everyone went out and bought toilet paper and some stores stocked out of toilet paper.


4 posted on 02/01/2011 4:09:36 AM PST by NRG1973
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To: spokeshave

Let them eat ethanol


5 posted on 02/01/2011 4:15:55 AM PST by silverleaf (All that is necessary for evil to succeed, is that good men do nothing)
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To: ChocChipCookie

Pingerooni, ladybug.


6 posted on 02/01/2011 4:19:12 AM PST by Daisyjane69 (Michael Reagan: "Welcome back, Dad, even if you're wearing a dress and bearing children this time)
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To: Daisyjane69

My wife went to W-M yesterday and said she noticed some empty shelves. Probably in anticipation of the 24 inches of snow that is called for starting today around noon.


7 posted on 02/01/2011 4:19:27 AM PST by Graybeard58 (Don't tell Obama what comes after a trillion)
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To: Graybeard58

This is my concern. Food prices are going up, so to combat it the administration passes a bill which makes it pretty much a crime to grow your own food.

And the media didn’t see Anything wrong withnthis? My kid put 2 and 2 together.


8 posted on 02/01/2011 4:34:53 AM PST by EQAndyBuzz ( Happy Freeping New Year)
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To: NRG1973

https://www.fbo.gov/index?s=opportunity&mode=form&id=eaea338540a0aea155a48a650a077352&tab=core&_cview=0


9 posted on 02/01/2011 4:56:13 AM PST by Liberty Ship ("Lord, make me fast and accurate.")
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To: Daisyjane69
It's just not Third World Dictators doing this, over the past couple years the US Government has made large purchases of dehydrated food, so large that some large suppliers stocked out.

Time for you to think about doing the same if you haven't already.

Anyone that interested in downloading my Preparedness Manual can do so at:

http://www.mediafire.com/?zx5772aa15x6xga

10 posted on 02/01/2011 5:09:54 AM PST by Kartographer (".. we mutually pledge to each other our lives, our fortunes, and our sacred honor.")
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To: Kartographer

I downloaded your manual several months ago, when you invited us to do it and I RECOMMEND it to any FReeper who is looking for a sense of what to do and how to do it.

Very well done. A thumbs up!


11 posted on 02/01/2011 5:18:53 AM PST by Daisyjane69 (Michael Reagan: "Welcome back, Dad, even if you're wearing a dress and bearing children this time)
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To: Daisyjane69
You might want to download the latest version as I have added a number of good articles as well as plans for a build your own rocket stove.

http://www.mediafire.com/?zx5772aa15x6xga

12 posted on 02/01/2011 5:25:37 AM PST by Kartographer (".. we mutually pledge to each other our lives, our fortunes, and our sacred honor.")
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