According to The Guardian (LINK), rice prices are on the rise globally.Â
Robert Zeigler, director general of the Philippines-based International Rice Research Institute (IRRI), [elitist] warned urgent action was needed by governments [always a crisis]…”The market (alone) is not going to provide a solution that is acceptable” [acceptable to whom?]…“($1.2 billion) not a huge amount.”
A little research tells me that China’s rice production fell from 1999 to 2003. (REF)Â I don’t know all the details because I am not an expert in Chinese agriculture, but according to US Dept. of Agriculture,
Government incentives, including direct subsidies to rice farmers and the abolishment of agricultural taxes in most provinces, encouraged farmers to increase rice area in 2004 and 2005 after dropping to a record-low level of 26.5 million hectares in 2003. (LINK)
So let me see if I have this straight. The communist government of China tries to manipulate its market, and now there is a food shortage. The Elitist at the Rice Research Institute therefore thinks that Americans should cough up over a billion dollars (of which his group will see much) to fix the problem.
Summary: The one billion Chinese Communists messed around with the market. The market is out of balance. More intrusion into the free market in the only “acceptable” solution to elitist in some international rice research group. Americans should fund the international group so that they can help feed the hungry people of the far east…even though China screwed it up in the first place. This will allow China to continue to place emphasis on manufacturing products for the United States. They will soak up as much oil as possible in the process and kill the demand for American unskilled workers. Meanwhile American skilled workers are forced to pay for the competition’s subsidized lunch ticket while simultaneously pay more for gas, oil and food.
Does that sound “acceptable” to you?
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