Be INFORMED

Thursday, April 24, 2008

Worldwide Food Woes In America

    Say what you will, but you and I are getting the short end of the stick when it comes to food prices and the nutty rise they have taken.

   But, before we go there, let's look at what our two biggest retail chains are doing.

   Sam's Club and Costco both, on Wednesday, have placed limits on how much rice their consumers can purchase at one time. The Sam's Club rice limits affect their 20-pound bags at this point in time and not the smaller retail sizes, so you and I can still go and get as many 1-pound or 5-pound bags of Uncle ben's that we want. I wonder how long that will last?

   The rationing is due to the rising price of rice ( 70% this year ) and the demand for the product. At this time, no-one is expecting a lack of product for the consumer.

Sam's Club said it will limit customers to four bags at a time of imported jasmine, basmati and long grain white rice.

USA Rice Federation spokesman David Coia said there is no rice shortage in the United States.

"It's possible that small restaurants and bodega-type neighborhood stores may be purchasing rice in larger quantities than they do typically to avoid higher prices," Coia said about the warehouse chain restrictions.   

The steep increases have followed similar jumps in the price of wheat, corn and soybeans that have added to Americans' growing grocery bill and led to violent food riots in poor countries including Haiti, Senegal and Pakistan.  YahooNews

  Let's see now. We have a very lousy economy in the making. We are losing our employment left and right. We are losing our homes. Gas for the car or truck are spinning out of control and our grocery bill seems to go up every week.

    I see the 1970's all over again with a few added twist this time around. Instead of stealing gasoline from cars or shooting people at the pumps for their fuel, we'll now have to worry about some poor unemployed, starving human being who's wanting to take what we have so that he/she can feed their family.

    This will get ugly people. The United States is about to become the richest third-world country on the planet with a group of morons running the show from Washington.

0 Comments: