Filed under: Economy, European Union, FreeBritain, Laws & Regulations, Politics | Tags: Africa, Biofuel, Common Agricultural Policy, Cost of Living, EU Commission, EU Observer, Food, Health, Life
That’s a lot of money. Money they got from European taxpayers. Can you say Redistribution of Wealth?
Source: EU Observer
The European Commission on Friday proposed to deliver €1 billion in emergency funding over the next two years to the developing world to help them grapple with the global food crisis.
A number of member states however are critical of the plan, saying that while something must be done to deal with the crisis, “Barroso’s billion” – as one diplomat called emergency fund – is not the way to go about it.
The commission proposed the establishment of a special “facility for rapid response to soaring food prices in developing countries”, operating throughout the rest of 2008 and 2009.
If you want to deal with food prices, deal with the scam of biofuels, which is responsible for driving up world food prices, and abolish the unfair and discriminatory Common Agricultural Policy. You don’t just throw more of other people’s money at it.
The new money would come on top of existing development funds, coming from unused money left over from the European Union’s agricultural budget.
The aim is not to provide money so that poor people can afford to buy what they need to eat, but instead to give credit and other monies to farmers to help them produce more food and in so doing, bring prices down.
High agricultural prices have resulted in extra cash in the 2008 EU budget and the commission believes this provides a “window of opportunity” to provide a temporary facility to help stimulate farming in developing countries.
Development groups cautiously welcomed the new fund. “Agriculture in the developing world has long suffered from a lack of investment, so this is a welcome sign that the commission has recognised the importance of putting money in this area,” said Alexander Woollcombe, a spokesperson for Oxfam.
“However, this should not distract attention from the unfair trade and agriculture policies that are what caused the situation in the first place,” he added.
The CAP is one of those reasons. The EU subsidies European farmers, buying up surplus produce (especially the French.) They then dump it on third world countries severely undercutting local prices, and thus driving local farmers out of business. On top of this, the taxes and levies the EU imposes on imports renders it impossible for third world farmers to properly sell their produce in Europe. You compound that with the EU forcing a percentage of fuel to be biofuels (EU Directive 2003/30/EC) and you have the EU forcing up the cost of living because of the false premise of anthropogenic
global warming global cooling climate change.