Monday, April 7, 2008

Columbia......could help?

The Wall Street Journal is a great magazine especially when they publish articles like this. It talks about how the Government is trying to talk a free-trade agreement with, get this…..Columbia. Now I don’t know a lot about this kind of stuff but I always thought that Columbia was just a poor little country that nobody wanted, and nobody wanted to talk to. I didn’t know about the country so I looked it up on http://www.infoplease.com/ipa/A0107419.html and the top three exports in Columbia are: Coffee (of course), Coal, and (drum roll please) Petroleum. We could save money by buying oil from them and it would cost less to transport it here. There probably is a down side to this but right now it sounds pretty darn good.

High Gas prices hurt more than i thought

I was reading today, you know checking the news, and I came across an interesting article. It was about the problems with high gas prices but not how they affect your wallet but how it is affecting a precious commodity….Food. Apparently, higher gas prices affect the farmers with tractors and transporting the livestock or supplies to stores is causing them to have to raise prices to compensate for it. This is causing protests in other countries and in one they are even capping how many imports and exports so help with the shortage. It also was talking about the raise in food prices was helped by the attempt to change over to ethanol, which is made with corn and soy. In the article, Time Magazine called it a “fraud” because it would hurt the country more than help it. In Brazil, they tried making ethanol with sugar cane but they ran of the problem that they were using so much of it, that deforestation started happening. This to me sounds like a bigger problem that needs our immediate attention.