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High Food Prices Create New Problems

  In addition to the food "riots" and double digit food inflation stories that have been in the news recently, another tempest is brewing. The high food prices are eroding resistance to genetically modified foods. This is not a new story for many of us, but I predict it will make even more headlines as the summer progresses.

The issue of why higher food prices eat away at opposition to GM food is complicated, but here are a few seeds for thought. As food prices escalate as a result of shortages or "perceived" shortages and because of commodity speculation, the huge agri-businesses reap the financial benefits. In much the same way that big oil has profited from high fuel prices, big agri-food business are profiting from high food prices. GM-free food is becoming more expensive than GM food and the big agri-businesses control the GM food market. As poor nations face paying 30% or more in higher prices for GM-free food vs. GM food, what do you think they will choose? With price differences like this, traditionally GM food opposing countries like Canada, the U.S. and even countries in Europe will face pressure to allow GM food into the mainstream.

Because of a lack of a strict labeling requirement in the U.S., most of us are eating GM foods without knowing it. WebMD has a very thorough article on this where they claim that "60% to 70% of processed foods on U.S. grocery shelves" contain genetically modified ingredients. This may be yet another reason not to eat processed foods!

As I have written before, my main grievance with issues like these is our right to know what we are buying. I want to know if food I might buy contains GM ingredients. Yes, I can shop at a co-op or health food grocery and specifically look for foods that are "GMO free", but I think that has it backwards. The burden should be on the makers of food, health, and personal care product manufacturers to disclose their ingredients.

There are arguments in favor of GM foods that can seem compelling. And, some policy makers in poor countries argue that the "elites" in wealthy countries like Canada, Europe, and, (at least until recently), the U.S. have no business lobbying against the ability of poorer countries to buy food stocks that might improve the health of their citizens.

One example of a GM food with potential to help poor countries is Bt enhanced rice. Bt rice has been genetically modified to contain genes from the soil bacteria, Bacillus thuringiensis. Bt is lethal to insect larvae, including the rice stem borer, but apparently harmless to humans and other animals. Bt has been used by many organic farmers for years to control insect larvae. However, there are many who sound an alarm over the use of bt rice. Here is a Google search listing some of those.

In addition, there are many horror stories circulating about GMOs causing illness and death in animals. One that I have heard many times is listed on this Wikipedia page, and claims that thousands of sheep died after grazing on genetically modified bt cotton. I have never seen a definitive report on this incident and think it might be an "urban myth", but it does give pause.

If GM crops can reduce agriculture’s reliance on chemical fertilizers, herbicides, and pesticides that must be a good thing, right? I am not convinced. Many feel that by allowing GM food crops to be cultivated, we are releasing a potentially dangerous unknown into the wild. It is indeed the stuff disaster movies are made of. In addition, I certainly want the knowledge and disclosure to choose to avoid GM foods. Right now we don’t have that.

 



Will Sig

April 30th, 2008 Posted By: Will     |     19 Comments     |    

    Categories: food safety
    Trackback: http://willtaft.com/food-safety/high-food-prices-create-new-problems/trackback/

Wordless Wednesday 4-30-2008

 

 

 

At the annual Pear Blossom Parade

Will Sig

April 29th, 2008 Posted By: Will     |     10 Comments     |    

    Categories: Photography
    Trackback: http://willtaft.com/photography/wordless-wednesday-4-30-2008/trackback/

Recycling Everything You Can

One of the big benefits of recycling is that it reduces the volume of trash going to the landfill. This in turn reduces the volume of gasses emitted from the decaying trash in a landfill. It has been calculated that a 4 person household that recycles all newspapers, magazines, aluminum, steel, plastic and glass, can reduce its volume of waste by over 40%.

Recycling has become easier with curbside pickup in most communities. There are limitations, however. In our area, of all the plastic people use, they can only recycle plastic containers, and then only those with an opening smaller than the main part of the container. So we can recycle most plastic bottles, but no yogurt or cottage cheese containers, and no other types of plastic.

There are also limitations to recycling caused by the cost of processing the products to be recycled. Right now there is no easy way to recycle compact florescent bulbs or batteries. If you have a rechargeable battery, that has is dead, most places where you can buy a replacement will take the old battery for recycling. If you want to recycle your alkaline batteries as recommended, you need to collect them and take them somewhere that you can deposit them.

Right now it costs more to recycle alkaline batteries than can be recovered by selling or reusing the material in the batteries. As I wrote in an earlier post, the Big Green Box program is a step in the right direction, but it is still very limited in its availability. Additionally, because recycling alkaline batteries does not pay for itself, the Big Green Box costs $58.00. The box has a 40-pound capacity, and measures 13″W X 13″L X 8.5″H. Because of the cost, the box is usually found only in a few businesses. To find out if a business near you participates in the program, visit the Big Green Box website.

Will Sig

April 27th, 2008 Posted By: Will     |     8 Comments     |    

    Categories: Environment
    Trackback: http://willtaft.com/environment/recycling-everything-you-can/trackback/

Low Carb Diets Make a Comeback

Photo by Irfan Khan / Los Angeles Times

But this time with a twist. The “carb” stands for carbon! The Los Angeles Times syndicated a story a couple of days ago about college cafeterias that are offering low-carbon fare. You can read the whole story here.

Photo by Irfan Khan / Los Angeles Times

It seems a little gimmicky on the surface, but overall I think it is a good idea. If nothing else it brings attention to the intensive resources needed to grow beef and lamb for market. It is also encouraging to see publicity by the media that looks beyond just the distance traveled by food in order to assess the foods “carbon footprint”. This campaign comes complete with catchy artwork like a poster asking: “Is my cheeseburger causing global warming?”, and “You have changed your light bulbs, now change your lunch”.

Whatever you think about the global warming warnings, the changes touted by this campaign have benefits that reach way beyond that debate. Sustainable food production is an important issue that hopefully will not get sidelined because of the current world wide food shortages. Read the article, and skip a burger or two this month. I guess the logic followed by this campaign is a few less burgers = a few less cattle = a few less cattle farts = a few less pounds of methane into the atmosphere. Makes sense, I guess.

Will Sig

April 26th, 2008 Posted By: Will     |     5 Comments     |    

    Categories: Environment
    Trackback: http://willtaft.com/environment/low-carb-diets-make-a-comeback/trackback/

Is The Media Downplaying Economic Trouble?

I recently wrote a post speculating that the media might be overplaying the economic troubles of the U.S. right now in order to assure voter anger at the Republican party in November, thereby assuring a win by the most likely Democratic candidate, Obama. JD, from the blog Techfun, wrote an in-depth reply that was so good I am publishing it here as a guest post. His take on the U.S. economy is scary, but unfortunately makes quite a bit of sense. Thanks JD… I think.

  Here are his thoughts:

~~~~~~

  Maybe its because I am a financial/economy news junkie, but I think the opposite is happening in terms of how the media is reporting on economic news. I think the media is greatly downplaying the severity of the economic problems we face.

We are only in the beginning of what is almost certainly going to develop into a “perfect storm” for the US economy.

The Dollar is Falling. This would have HELPED us 30 years ago since it would have made imports more expensive and enticed the US manufacturing sector to increase domestic production which would increase earnings and help the wider economy. That scenario is no longer viable for two main reasons. First, many of the US factories that once would have simply scaled back domestic production in times of a strong dollar and cheap imports have instead either closed or relocated out of the country entirely. Secondly, one of our biggest trading partners, China, has a currency that has only recently been allowed to diverge from its relationship with the US dollar. At present, it has not been allowed to diverge enough to make it prohibitive to keep importing their goods. The current federal plan to address the situation in the form of rebates to tax payers in May will not help because it will be used to either pay on existing debt or to purchase more goods that are not manufactured in the US any longer.

US Consumer Debt. US consumer debt, including primary and secondary home mortgages is insanely high. Too many people believed that home values could keep showing significant rises year after year and behaved accordingly via refinancing for the higher values or taking out lines of credit based on the bubble-inflated home value. As a result, people making their mortgage payments on time and not spending anything on credit are still going into further and further debt every month as house prices decline. “Realtors chief economist Lawrence Yun said a survey showed 18 percent of homes up for sale in March had negative equity, meaning the mortgage was larger than the value of the home. This percentage, which represented homes that were either in foreclosure or involved in a “short sale” in which the house was being sold for less than the value of the mortgage, was up from levels around 3 percent during the 2002-2006 housing boom.”

Imaginary/Play Money. As Roger Bootle, a well known London economist who predicted the dot com bubble collapse puts it: “The essential truth is that umpteen billions of dollars have been magicked out of nowhere – and must return whence they came, no amount of financial gerrymandering can obscure or diminish this point”. He further said “Do not expect the current market turmoil to go away easily or quickly. It is not imaginable or fanciful, on the contrary it is the direct result of the creation, on a massive scale, of imaginary wealth in the housing and financial markets of the world, a mirror of what happened in the 1920s America and 1980s Japan.” (Bootle accurately described our current situation in his 2003 book Money for Nothing - Real Wealth, Financial Fantasies, and the Economy of the Future.)

U.S. Federal Debt Increases. When Clinton left office the National Debt Clock stopped and we actually started repaying loans to the US Govt. In the time since Bush took office we have lost all those gains and gone so much further into the red that Congress has had to raise the debt ceiling (the amount the govt. is permitted to borrow) four times in five years. Three of these were while under the Republican control and the fourth was immediately after Democrats took control in March of 2006. This has taken our debt from $5.6 Trillion when bush took office to its current $9.3 Trillion. These were not loans to help Americans get education suited to the new world economy or anything like that. These were loans to keep the war in Iraq going and to forestall a shut down of the federal govt like we saw in the 1990’s after Republicans won control of Congress. This debt is not created by us just printing money. We have to sell the debt to people who are willing to trust in the U.S. ability to pay it back or at least pay the interest on the debt. Traditionally this has been other country’s reserve banks. This can only continue as long as people and nations are willing to buy US Dollar backed securities. This is growing harder over time and is not expected to change soon. In 2006, the central banks of Italy, Russia, Sweden, and the United Arab Emirates announced they would reduce their dollar holdings slightly, with Sweden moving from a 90% dollar-based foreign reserve to 85%.On May 20, 2007, Kuwait discontinued pegging its currency exclusively to the dollar. Syria made a similar announcement on June 4, 2007. In Europe, on the other hand, government deficit in the 15 countries now using the euro fell to 0.6 percent of GDP in 2007 from 1.3 percent in 2006 and debt declined to 66.3 percent from 68.4 percent. This makes Eurozone debt instruments far more attractive than similar US debt offerings.

I think the media is downplaying the economic news and talking in broad generalizations because most people are either too apathetic or just ill equipped to face head on the full ramifications of what is going on economically at this time. There is scary and depressing stuff going on and the fundamentals are not really changed by the media’s presentation. The media appearing pessimistic or optimistic about segments of the economy can speed or slow events to a small degree (self fulfilling prophecy style) but in the end, the fundamental facts don’t change and the corrections and losses continue on.

The Next President is in Trouble. Whoever is elected our next president is in for a economic crisis unlike anything in the last half century. By the time they are sworn in, this problem will have spread much farther around the world. I personally think the National Republican Party does not want to have McCain or any other Republican in office when this happens. For the GOP, a Democratic president is a win-win situation. Either the Democratic party president will man (or woman) up and make the tough and unpopular decisions to address the problems we are facing and as a result mitigate the worst of the symptoms, or they will go down in history as having presided over the second “Great Depression”. That will pave the way for the next round of “Change” in the form of a Republican president.

Will Sig

April 24th, 2008 Posted By: Will     |     8 Comments     |    

    Categories: Contemporary Issues
    Trackback: http://willtaft.com/contemporary-issues/is-the-media-downplaying-economic-trouble/trackback/