Two things I heard this morning on the radio:

1. Now, half of the corn cultivated in the US is for biofuel. Abroad, we see the same trend: more and more crops end up in gas tanks. The result of that is that is that the price of food has gone up for the Earth&#8217-s poors. The Food and Drug Administration of the United Nations (FAO) has issued a report predicting some kind of riots by hungry protesters.
2. Before they can grow &#8220-oil palm trees&#8221- (is that Jatropha?), they have to burn the forests, thus releasing CO2 in the atmosphere &#8212-the complete, damn opposite of what the Earth needs right now.

The kind of bad news you&#8217-ll never hear at Caveat Bettor. [See his comment!!]

Previous blog posts by Chris F. Masse:

• The CFTC is going to close the comments in 9 days. We have 9 days left to convince the CFTC to accept FOR-PROFIT prediction exchanges (e.g., InTrade USA or BetFair USA), and counter the puritan and sterile petition organized by the American Enterprise Institute (which has on its payroll Paul Wolfowitz, the bright masterminder of the Iraq war).
• Forrest Nelson valids Emile Servan-Schreiber.
• Averaging One’s Guesses
• Americans love rankings, but Americans hate to be assessed subjectively.
• A libertarian view on the Internet betting and gambling industry in the United States of America
• The CFTC is going to close the comments in 10 days. We have 10 days left to convince the CFTC to accept FOR-PROFIT prediction exchanges (e.g., InTrade USA or BetFair USA), and counter the puritan and sterile petition organized by the American Enterprise Institute (which has on its payroll Paul Wolfowitz, the bright masterminder of the Iraq war).
• The Numbers Guy