Quote:
Originally Posted by PA Dweller
My personal opinion is that we should only focus on feeding ourselves and fueling our vehicles. If someone else outside of the country has a hard time surviving maybe they should find another nation to get a hand out from. I mean this has gotten too far, unless people start starving in this nation we should continue to use Corn Ethanol until an alternative can be found. It shouldn't be our responsibility to feed other nations, it’s their problem.
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I've often thought of this approach, and superficially it sounds appealing. It does. However, anyone can buy our land, anyone can buy into our powerful agribusiness. So, while it sounds appealing to suggest feed ourselves and screw the world-and on principal, I'm with you-in reality the many nations to whom we owe our trillions would simply purchase our land, our beef factories, our pork factories, our corn processing centers, and so much more.
And before you say "just prevent them from buying our land and our businesses," I certainly am a free market proponent. I am in favor of American farmers buying large tracks of land in Brazil, and I am in favor of my being able to buy equities in markets all over the world. After all, it's my emerging market funds and funds that cover equities in the UK and Germany that have saved my portfolio this year! You get to buy our companies and properties, we get to buy yours.