Posted on 03/01/2008 2:48:00 AM PST by Westlander
WASHINGTON - The U.S. government's humanitarian relief agency will significantly scale back emergency food aid to some of the world's poorest countries this year because of soaring global food prices, and the U.S. Agency for International Development is drafting plans to reduce the number of recipient nations, the amount of food provided to them, or both, officials at the agency said.
USAID officials said that a 41 percent surge in prices for wheat, corn, rice and other cereals over the past six months has generated a $120 million budget shortfall that will force the agency to reduce emergency operations. That deficit is projected to rise to $200 million by year's end. Prices have skyrocketed as more grains go to biofuel production or are consumed by such fast-emerging markets as China and India.
(Excerpt) Read more at msnbc.msn.com ...
Falling dollar, E85, environmentalist wackos restrictions on oil drilling, clean coal fired power plants and on and on.
No food aid for Palestinians
OH MY! Liberals hate cuts. But the program still costs the same. So I guess the solution is more money for the programs?
Why not give W credit for pushing through the ethanol boondoggle?
No food aid for Palestinians
Yes....interesting that the poor displaced Palestinians are one of the fattest people in the world. Their rate of obesity was ranked 5th in the world....and much higher than in the US
Prices have skyrocketed as more grains go to biofuel production or are consumed by such fast-emerging markets as China and India...
Exactly what I have been predicting for years about biofuel and ethanol, but in a free market there are ways to share in the sector gains, namely in futures and options.
The trend is your friend. - and it is clear.
E85=$ from farm lobbies. America sold down the road for a sham
Let them eat ethanol.
Wow I feel so bad for the worlds poor. Now they will have to drink ethanol instead of eating food.
Maybe we could feed them environmental wackos.
Wow I feel so bad for the worlds poor. Now they will have to drink ethanol instead of eating food.
Maybe we could feed them environmental wackos.
I didn't know that, and the stat made my curiosity bump itch :) In case anyone else interested, from 2006....
The incidence of coronary heart disease among Palestinians and Israelis in Jerusalem
2005: $1.89
2008: $3.39
Thanks envirowackos and feckless congressman
All the fatazzes need to do their patriotic duty and cutback to 4 or 5 meals a day.
Regards
And Rats and other greenies need to pay more for gas. Damn it.
Regards
Sell your Taco Bell stock NOW
just thank condi rice and jorge bush giving wheel barrows of US dollars to these f’n muzzie pali terrorists.....
let them eat kassam rockets or just pound sand!!!!
Way to go enviroweenies! You’re robbing Peter to pay Paul.
> Way to go enviroweenies! Youre robbing Peter to pay Paul.
Unfortunately Peter is belt tightening already, so there won’t be that much to give to Paul eiher.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.