How Goldman Sachs Created the Food Crisis

Foreign Policy by Frederick Kaufman | Apr. 30, 2011 (Opinion)
Don't blame American appetites, rising oil prices, or genetically modified crops for rising food prices. Wall Street's at fault for the spiraling cost of food.

It took the brilliant minds of Goldman Sachs to realize the simple truth that nothing is more valuable than our daily bread. And where there's value, there's money to be made. Full Story »

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Sirajul Islam
4.1
 by Sirajul Islam - Apr. 30, 2011

Enterprising article by Frederick Kaufman. He hits the bulls eye. Never in US history has one company wielded such destructive power over political economy, irrespective of whether a Republican or a Democrat happened to be president. At least the lords of the old built railroads and steel mills, where Goldman Sachs makes its money placing bets on people losing their homes, it's not surprising that they'll make money betting on food and water.

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