Thursday, September 6, 2012

Speculating Banks Profit as World's Poorest Go Hungry

Click here to access article by staff from Common Dreams

The ingenious ways that operators of capitalism's casinos have devised to profit seem almost endless. Here we see another example of a casino play that deepens the misery of untold millions across the globe.
Reports over the weekend saw some of the world's most powerful financial institutions accused of profiteering on the backs of the world's poorest people and those most vulnerable to the wild price fluctuations caused by over-rampant speculation on the price of food commodities like wheat, soy beans, and corn.