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Old 10-02-2013, 03:57 AM
 
4,765 posts, read 3,731,637 times
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Quote:
Originally Posted by RememberMee View Post
...I don't think that working types are that stupid to actually believe that the poor ate their cake, if so why they prefer endless blame-the-poor-feel-better-about-yourself anyway?
If you have to scapegoat someone, why not someone who cannot defend themselves? After all, bullies never pick on someone bigger and stronger, now do they?
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Old 10-02-2013, 09:16 AM
 
20,716 posts, read 19,357,373 times
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Quote:
Originally Posted by shaker281 View Post
Everything is always more complicated than it initially seems, that is for certain. I take issue with the political nature of ethanol subsidies in general though. There is a disingenuous aspect to making people believe you are providing them relief from high gas prices, while implying you are acting in an environmentally responsible fashion, when all along you are simply shifting costs from fuel buyers to food buyers and the environmental sustainability is highly questionable as well. These policies seem to have more to do with getting votes than improving the US economically or environmentally.

If you take this approach and tenaciously pursue it, you have a bright future. Subsidies are really nothing but a repudiation of the market. Now again following along with the idea, its complicated. It is not always bad to do so since the market sometimes follows addictions or plain stupidity, which we know are bad. Smoking should be discouraged with an anti-subsidy. However on the other hand the power implicit to do right is a cover to do wrong as we see with other subsidies and anti-subsidies.
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Old 10-02-2013, 11:24 PM
 
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Quote:
Originally Posted by gwynedd1 View Post
If you take this approach and tenaciously pursue it, you have a bright future. Subsidies are really nothing but a repudiation of the market. Now again following along with the idea, its complicated. It is not always bad to do so since the market sometimes follows addictions or plain stupidity, which we know are bad. Smoking should be discouraged with an anti-subsidy. However on the other hand the power implicit to do right is a cover to do wrong as we see with other subsidies and anti-subsidies.
Yes, seeing past the smoke and mirrors without prejudice is a tricky thing to do! Not settling for easy answers as a means to validate one's own beliefs requires constant vigilance.

Unintended consequences abound when dealing with complex systems. I'd like to think all the taxes on cigarettes are an anti-subsidy and somewhat effective, even if the intent was only to raise revenues.
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Old 10-03-2013, 07:59 AM
 
3,433 posts, read 5,745,647 times
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I just read a newspaper article that said the # of beef cattle are at an all time low.

When supply and demand governs prices, not surprising beef is high in stores.
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Old 10-03-2013, 02:26 PM
 
18,801 posts, read 8,467,936 times
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US Daily Index » The Billion Prices Project @ MIT
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Old 10-03-2013, 03:18 PM
 
Location: Ohio
24,621 posts, read 19,159,948 times
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Quote:
Originally Posted by RememberMee View Post
The average grocery bill for family of 4 in the US is approximately one thousand dollars ($1000) per month.
Averages in a most heterogeneous economic market is meaningless, especially when there are 1,539 separate functioning Markets in the US.

What is the Median grocery bill? And how does the Median compare across all 1,539 economies in the United States?

Quote:
Originally Posted by tickyul View Post
Am I supposed to stop eating.....starve to please Mr. Hussein and lower meat prices???????????
You want lower prices?

Once again, the issue is Cost-Inflation, specifically to wit: Demand-pull Inflation.

The Federal Reserve has no control over that.....sorry.

Stop consuming or increase production.....those are your choices.

Quote:
Originally Posted by shaker281 View Post
Except, no.

Ethanol Subsidies: Not Gone, Just Hidden a Little Better | Mother Jones


Is electrocution how you got your power to foretell the future? Have the twitches and smoke from your ears faded yet?
Massive fail.

The ethanol subsidies ended.

Here, special just for you....

The Definition of Subsidy and State Aid:
WTO and EC Law in Comparative Perspective

Subsidies are pecuniary aid, requiring the transfer of cash in some form, whether actual cash payments or tax credits.
The idiot who wrote the article for Mother Jerkoff even admitted the subsidies ended.You want to go before the WTO, GATT, a State court or a federal district court and argue you case? They'd laugh you out. If you're going to move the goal-posts --- and don't hurt your back doing so unless you have Obamacare --- then you might as well say consumers are subsidizing all business merely by purchasing their goods or services.The Renewable Fuel Standard is not a subsidy, but it is an example of Soviet-style Command Economics with production levels mandated by government.

You stand corrected (as usual).

Have a happy Shut-down...

Mircea
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Old 10-03-2013, 11:38 PM
 
4,765 posts, read 3,731,637 times
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Quote:
Originally Posted by Mircea View Post
...

You stand corrected (as usual).
The initial subsidies did plenty of damage. The new policies continue the trend.

A subsidy by any other name!

Rather than hurling insults and infantile name calling, address whether this is accurate (a yes or no will suffice, instead of your usual pontification and self-aggrandizing):


"It turns out that corn farmers really don't care about ethanol subsidies all that much anymore, but there's a reason for that. Here is our own Tom Philpott writing in February 2010:
After a flirtation with reason last spring, the Obama EPA has signed off on the absurd, abysmal Renewable Fuel Standard established under Bush a couple of years ago—ensuring that farmers will continue to devote vast swaths of land to GHG-intensive corn, of which huge portion will ultimately be set aflame to power cars—but not before being transformed into liquid fuel in an energy-intensive process.
Tom's a liberal. Here is Aaron Smith, writing a couple of days ago for the conservative American Enterprise Institute:
Deficit hawks, environmentalists, and food processors are celebrating the expiration of the ethanol tax credit. This corporate handout gave $0.45 to ethanol producers for every gallon they produced and cost taxpayers $6 billion in 2011. So why did the powerful corn ethanol lobby let it expire without an apparent fight? The answer lies in legislation known as the Renewable Fuel Standard (RFS), which creates government-guaranteed demand that keeps corn prices high and generates massive farm profits. Removing the tax credit but keeping the RFS is like scraping a little frosting from the ethanol-boondoggle cake.
The RFS mandates that at least 37 percent of the 2011-12 corn crop be converted to ethanol and blended with the gasoline that powers our cars…[As a result] the current price of corn on the Chicago Mercantile Exchange is about $6.50 per bushel—almost triple the pre-mandate level."

Last edited by shaker281; 10-03-2013 at 11:59 PM..
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Old 10-04-2013, 07:30 AM
 
Location: Long Island, NY
19,792 posts, read 13,945,761 times
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Seems that the only rise in food prices out of the norm was in 2011,

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Old 10-08-2013, 08:23 AM
 
5,273 posts, read 14,542,099 times
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Quote:
Originally Posted by Grandpa Pipes View Post
A bleak forecast indeed.........

Why Are Food Prices Rising So Fast?

Food is raised, delivered and sold using oil & gas for machinery... When the price of oil rises, food does so accordingly. When oil drops the price of food remains the same and all those involved make more money. Then oil raises again and food increases....

It's called greed.
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Old 10-26-2013, 05:44 PM
 
Location: Michigan
2,198 posts, read 2,734,055 times
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Food prices aren't rising very fast. Quit buying overpriced processed food in tiny packages from greedy corporations in overpriced grocery stores. Quit buying whatever you feel like regardless of season. Shop at better grocery stores, buy stuff that's on sale and preferably in season, cook it yourself, and don't let anything go to waste.

I just got back from the grocery store. 4 large bananas cost me $1.00. I bought a 5 lb. bag of apples for $2. A couple loaves of wheat bread on sale for $1 each. A bunch of frozen vegetables for $1 per lb. 4 oz. of raspberries for $1.25. Frozen Pacific salmon for $4 a lb. Radishes and carrots at 99 cents a lb. A dozen eggs for $1.19. A whole rotisserie chicken for $5. How much does an average size russet potato cost when you buy a 10 lb. bag? 25 cents? How about a serving of rice out of a 15 lb. bag? 10 cents?

You guys freaking out over grocery prices kill me. Yeah, I see a bunch of ridiculous prices when I go grocery shopping too, but I don't buy those things. The only reason they charge ridiculous prices for some stuff is because people pay it.

A lot of fast food places are $8-10 for a combo meal now. That's ridiculous given how much the ingredients cost. A lot of fast food places have indeed gotten pretty expensive compared to the cost of the ingredients. Greedy corporations trying to extract as much money out of your pocket as possible...you don't have to let them. I can make dinner for a family of 4 with quality ingredients for $5.
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