[BretLudwig]

Its the Global Market that is driving up food and fuel prices
By Martin Wingfield

"THE GLOBAL market is behind food prices in our shops hitting the
highest levels in real terms since the post-war rationing days of 1945,
and petrol heading for a record £5 a gallon.
The global market forces us to compete for food with a world population
now growing at 148 more hungry mouths every minute.

With money earned from the cheap imports the global market allows India
and China to dump on Western countries, these countries can now afford to
outbid us on the world grain and meat markets which drives up prices.

At one time this wouldnt have happened. We grew almost all our own food
and didnt need to worry about world food prices. But successive
Governments over the last 40 years, aided by the Brussels Common
Agricultural Policy, have undermined British farming and driven many small
farmers to the wall.

Now we import much of our food - in the last quarter of 2007 alone we
imported over £1.8 billion worth of food and other agricultural produce,
exporting only £330 million.

We can no longer feed ourselves from our own soil. Which means we have to
scrabble on the global market against the Chinese and Indians for food to
put in our childrens mouths.

Again, with oil and petrol, although our North Sea reserves could have
made us self-sufficient, our oil reserves were sold off to multinational
corporations, so now we must import much of our oil and petrol. Here we
are competing with newly wealthy Chinese and Indians who can increasingly
afford to drive more and more cars with the money we have given them for
their cheap imports and also because we have allowed them to buy up and
ship home much of our motor industry.

High oil prices - now an unprecedented $120 a barrel, three times what it
was a few years back - have in turn encouraged multinational corporations
to turn wheat and corn fields over to producing crops to be made into
biofuels for cars and trucks. This in turn reduces the world food supply
and drives food prices even higher.

As long as we stay in the global market, we are at the mercy of the blind
implacable laws of supply and demand that govern it. With limited supply -
almost all the best food growing areas are already growing food and there
is only so much oil in the ground - and steadily rising demand as more and
more Chinese and Indians use money earned from dumping cheap imports in our
markets to buy food and fuel at our expense, in the long term the prices of
food and petrol can only go one way - UP. Whilst our living standards can,
in the long run, also go only one way - DOWN.

Instead of competing against the Chinese and Indians for food for our
children to eat and fuel to keep us warm we must ensure we have a stable
supply of what we need under our own control.

We also need to stop immigration and those who have no legal right to be
here should be sent home, reducing the number of mouths this country has
to feed. Self-suffiency is the only sustainable long term alternative to
rising fuel and food prices and, eventually, British people dying from
cold and starvation.
This report by Steve Johnson appears in the May issue of the BNPs
monthly newspaper Freedom. Click on the link to take out a subscription.
"

http://www.bnp.org.uk/2008/05/it%e2%...d-fuel-prices/
http://www.wvwnews.net/story.php?id=4556

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