Wall Street Journal: “Maybe It’s Time for Americans to Start Stockpiling Food.”
April 23rd, 2008Welcome to the public participation phase…
Via: Wall Street Journal:
I don’t want to alarm anybody, but maybe it’s time for Americans to start stockpiling food.
No, this is not a drill.
You’ve seen the TV footage of food riots in parts of the developing world. Yes, they’re a long way away from the U.S. But most foodstuffs operate in a global market. When the cost of wheat soars in Asia, it will do the same here.
Posted in Food | Top Of Page
PLEASE. Consider the source of this article.
Since when did the WSJ start allowing its writers to proclaim such things?
One has to wonder.
You know, Rupert Murdoch and all.
Is this a “plant” article to drive the price futures on foodstuffs?
I think it is.
At the same time, I am not in denial about the cost of food and potential shortages. I have spent a LOT of MONEY re food storage.
But this newspaper no longer has credibility, at least in my mind, and that is going to be a long hard habit to break on my part.
Rupert Murdoch now owns this newspaper. His control of “NEWS” spans the globe now. He controls a span of empire news beyond my ken.
So I would say, consider the source of all these “Panic” stories.
Funny, why didn’t Murdoch run a story on gasoline prices?
Que bono? Who benefits?
That is what we as those preparing for the future must always consider when we read news – especially from sadly now, the WSJ.
Excellent point, Eileen. While I think an emergency food supply is a good idea, and I’ve accumulaated a good supply of staples myself, the WSJ article is probably a plant intended to run up commodity prices through panic buying.
That way Murdoch–and everyone else invested in commodities–can make a quick killing. Pump and dump….