69p to £1.29 flour price hike
james armstrong
james36armstrong at hotmail.com
Fri Dec 17 20:54:25 GMT 2010
starvation has just been made more real .
The most basic of our foods, and the most universally
consumed, both here and world-wide, has
overnight (literally) increased in price by some 87 per cent.
Strong bread flour has increased in price per one and a
half kilo bag from 69p to £1.29 in Tesco and Waitrose in Dorchester
and Exmouth . Check in your local supermarket.
This increase , if reproduced world-wide, will condemn
millions to starvation.
Russia has banned wheast exports. The wheat crop n Australia has been batterd by rain.
Yet there is absolutely no need for this hike.
Flour if stored in
the correct conditions keeps almost indefinitely.
If the UK
government was either competent or public spirited it would store flour,
and release it on the market in such
instances. (India
does so)
There is a powerful UK
lobby benefiting from these conditions.
The NFU ad nausea raise the spectre
of ‘food (in) security’. If
wheat supplies were insecure the
very first concern of a responsible government would be -.
A) to
store flour and assure continuity of
supply and stability of price.
B) to encourage land utilization for food ensure the vital crops were planted
in sufficient quantities.
In fact , I have just learned the bizarre fact that the City
of London (where almost no-one is
resident) has its own (Con) MP . - That is the City , where the commodity
speculators operate.
The markets for crude oil, petrol, natural gas, the supply
of new houses , wheat and now flour are
being manipulated by individuals and
corporations in the City and the
government is in their pockets.
Another bizarre happening, in Ireland
the supply of new houses is 90,000
(est) and the need 45,000 (est). In UK
the supply 2009 was 160,000 and the estimated need (conservatively),
250,000. Markets are made dysfunctional
by monopolists and speculators.
We are currently reeling from the banks and shadow bankers
speculating in mortgages.
Sovereign states are at risk when spivs speculate against their currency values.
Multi national speculators a re currently out of control.
Uncut is turning into un-fed before our eyes.
Listen out for
the next commodity to be hi-jacked .
James
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