Ontario Agriculture

The network for agriculture in Ontario, Canada

Remarks by H.E. Dr. Leonel Fernandez    

President of the Dominican Republic

at the 2011 Israeli Presidential Conference

22 June 2011

 

"Our markets no longer have a social value.  They are not socially optimal.  Our markets have become a casino for capitalism, where the traders exchange papers and numbers. There is no real wealth involved."

 

attached is the complete speech.

 

Thoughts?

 

If food should not be a financial asset to curb speculation should all essential items, such as housing, have speculation controls via international bodies? 

 

Where does one draw the line to determine what should be an essential item versus a financial asset?  Who should have that power?

 

(shades of Roman control 2000 years ago, British control 400 years ago.  some things never change!)

Views: 29

Attachments:

Reply to This

Agriculture Headlines from Farms.com Canada East News - click on title for full story

Corn, Soybean Futures Prices Jump On Demand.

Lean Hog Futures Move Higher On Supply Concerns

Feeding Green Canola Seed

Below is an article that was published on Monday (May 20th) in the Prairie Swine

Alfalfa Weevil Reaching Threshold – Scout!

We are getting a lot of calls about alfalfa weevil in various

Can I Apply Post-Emergent Herbicides to Soybeans Before the 1st Trifoliate Stage?

You may be faced with a scenario where there is an abundance of weeds at or near the maximum leaf-stage

U of G Receives $8 Million from NSERC

Creating more intelligent computers, understanding how fish can live out of water

© 2013   Created by Darren Marsland.

Badges  |  Report an Issue  |  Terms of Service