"Yes We Can", Unless We Don't F**king Want To
Ugly.
Twice in the last five years, rising food prices triggered global waves of social unrest. With drought baking U.S. crops, another round of soaring, society-straining price spikes may happen in coming months.Wait. A certain someone can issue Executive Orders gutting welfare reform and ignoring our immigration laws and can issue recess appointments when the Senate isn't actually in recess, but we can't just f**king suspend the idiotic ethanol mandate???????
“The drought is clearly going to kick prices up. It already has. What happens when you have speculators is that it goes through the roof,” said NECSI president Yaneer Bar-Yam. “We’ve created an unstable system. Globally, we are very vulnerable.”
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“In the short run, USDA needs to figure out a way to remove the mandate on ethanol use from corn,” said Timmer. “If we could free up 20 to 30 percent of the U.S. crop, reduced as it is, it would bring corn prices down very quickly.”
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