How Wall Street speculation dangerously drives up the cost of food

This is not just about money, but lives. This article in Foreign Policy explains how Wall Street speculation is driving up cost of food and killing people:

The result of Wall Street's venture into grain and feed and livestock has been a shock to the global food production and delivery system. Not only does the world's food supply have to contend with constricted supply and increased demand for real grain, but investment bankers have engineered an artificial upward pull on the price of grain futures. The result: Imaginary wheat dominates the price of real wheat, as speculators (traditionally one-fifth of the market) now outnumber bona-fide hedgers four-to-one. Today, bankers and traders sit at the top of the food chain -- the carnivores of the system, devouring everyone and everything below. Near the bottom toils the farmer. For him, the rising price of grain should have been a windfall, but speculation has also created spikes in everything the farmer must buy to grow his grain -- from seed to fertilizer to diesel fuel. At the very bottom lies the consumer. The average American, who spends roughly 8 to 12 percent of her weekly paycheck on food, did not immediately feel the crunch of rising costs. But for the roughly 2-billion people across the world who spend more than 50 percent of their income on food, the effects have been staggering: 250 million people joined the ranks of the hungry in 2008, bringing the total of the world's "food insecure" to a peak of 1 billion -- a number never seen before.

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The media establishment’s long intense irrational hatred of Julian Assange

Glenn Greenwald, who now writes for the U.K. Guardian, sums up the media establishment's hatred of Julian Assange:

In 2008 – two years before the release of the "collateral murder" video, the Iraq and Afghanistan war logs, and the diplomatic cables – the Pentagon prepared a secret report which proclaimed WikiLeaks to be an enemy of the state and plotted ways to destroy its credibility and reputation. But in a stroke of amazing luck, Pentagon operatives never needed to do any of that, because the establishment media in the US and Britain harbor at least as much intense personal loathing for the group's founder as the US government does, and eagerly took the lead in targeting him. Many people like to posit the US national security state and western media outlets as adversarial forces, but here – as is so often the case – they have so harmoniously joined in common cause. Whatever else is true, establishment media outlets show unlimited personal animus toward the person who, as a panel of judges put it when they awarded him the the 2011 Martha Gellhorn prize for journalism, "has given the public more scoops than most journalists can imagine."

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