Saturday, May 10, 2008
Which Will Cost More: Food or Oil ?
While most of the world contemplates how to solve the world food crisis, several world leaders consider creating an OPEC-style rice cartel. That's pretty appropriate, given that World Food Program "internal documents show that the major oil producing nations of the Organization of Petroleum Exporting Countries (OPEC) gives almost nothing to the food organization, even as skyrocketing oil prices and swollen oil revenues contribute to the very crisis that the U.N. claims could soon add 100 million more people to the world's starving masses." Folks, the solution seems pretty simple to me. OPEC contributes the entire $775 Million needed to alleviate the crisis, which is then disbursed to the (primarily Western nations) nations who can produce the most food. Why not? We're spending trillions on oil. Why not send some of that money back to those countries, stimulate those recessed economies, and alleviate the hunger problem at the same time? Come on, OPEC, what's your problem? If you don't want to play ball, maybe we charge you as much for food as you charge us for oil... or keep it from you altogether. How much rice can you grow in those deserts?