Thursday 20 September 2012

Evil ! Immoral ! Ugly ! they are worse than all that.

 The shocking ugliness of it all  has me lost for words.  Millions of living creatures will be slaughtered  and huge profits will be made, while many more millions of people starve .Food is just a business , after all. Just a matter of profit for a few. Money has no morality.Those who would make money at all cost show more than just a lack of morality. 

Sheer evil ? That would still be an understatement ! 



Farmers across the world have begun a mass slaughter of their pig and cattle herds because they cannot afford the cost of feed, which has soared following the worst US drought in living memory, according to a report published on Wednesday.
Experts at investment bank Rabobank warn that the mass "herd liquidation" will contribute to a 14% jump in the price of the average basket of food by next summer.
The multimillionaire head of Glencore has said the US drought will be "good" for the commodities trader because it will lead to opportunities to exploit soaring prices.

http://www.guardian.co.uk/business/2012/sep/19/mass-slaughter-farm-animals-food-prices




The head of Glencore's food trading business has said the worst drought to hit the US since the 1930s will be "good for Glencore" because it will lead to opportunities to exploit soaring prices.
Chris Mahoney, the trader's director of agricultural products, who owns about £500m of Glencore shares, said the devastating US drought had created an opportunity for the company to make much more money.
"In terms of the outlook for the balance of the year, the environment is a good one. High prices, lots of volatility, a lot of dislocation, tightness, a lot of arbitrage opportunities [the purchase and sale of an asset in order to profit from price differences in different markets]," he said on a conference call .
Raj Patel, an expert in the global food trade and former UN employee, said Glencore and other multinational food traders were in a "fine position to make money from a crisis because they've pushed for an international economic system that relies on them".
"They [Glencore] are millionaires making money from other people's misery caused by the drought," he said. "It's the sad fact of how the international food system – that they pushed for and our governments gave to them – works.
"It's unsurprising that a crisis is a revenue generator."



Meat Shop, Kathmandu.There will be no meat, but there will the dances.
                                                 To Celebrate -  PROFIT  !                                 

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