GM and Chysler Bankruptcies

[Jester]

Like the overprotective parent, the government meddles in things and only makes them worse. If I knew they could come in like a surgeon and fix it, then I might be more agreeable. But, they are more like the drunken uncle who solves everything with booze. And, its booze he bought by borrowing your money. The governments solution to our financial problems are a choice between; 1) "I could take less of your money and run up huge deficits", or 2) "I could take more of your money and run up huge deficits".

If you don't trust the government to do anything, then obviously, you don't trust the government to do this. Using governments to solve problems directly is not costless, but I'm pretty sure it's nowhere near as extreme as you make it out to be. But, then, if we agreed on that, we'd agree on everything, or at least a lot more than we do.

I guess you don't read "Food Industry News". :D Point taken.

The countries experiencing food riots have between 1/3 (Mexico) and 1/40th (Haiti) of your per capita GDP. I think you'll be fine, although some government support for keeping food banks stocked would not go amiss for the poorest, given that demand is up and charity is down.

Globally, food prices are a serious problem, and have been since well before the 2008 crisis. I'm not quite sure what to do about that, but ending biofuel subsidies in the first world seems to be step one. I think we can agree on that one, at least.

-Jester