The real reason for rising food prices doesn’t have much to do with ethanol, but with the declining value of the dollar, according to a guest essayist in the Democrat and Chronicle today. Finally I agree with some economic theory presented in a mainstream newspaper. If only more people understood what was happening to the dollar…

Do not blame rising food costs on ethanol output
JIM OCHTERSKI • GUEST ESSAYIST • JUNE 17, 2008

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Whether you are a grain farmer or not, you should understand why food prices are still rising — and it is not because of ethanol subsidies. Long-term trends …

This clip is from the first Republican Debate for the 2008 primary and it compiles Ron Paul’s responses to each of the questions posed. If you are new to Ron Paul’s Ideas (they aren’t really his, but those of the founding fathers) then I suggest you check out this video:
[youtube=http://www.youtube.com/watch?v=8Hfa7vT02lA]

There is a fundamental misunderstanding about the price of gas and the profits of the oil industry. The rise in the price of gas is NOT due to corporate greed wholly, but MOSTLY to dollar devaluation. That’s right, also known as inflation, the devaluation of our dollar has caused the increase of gas prices (and the prices of everything else) here in the US. There are MANY other industries that enjoy higher profit margins than the oil industry, such as software firms and healthcare companies. Here is one letter to the editor in the Democrat and Chronicle from an individual that clearly …