Costco and Sam’s Club Limiting Bulk Rice purchases // The Fighting 44s

Apr 24, 2008

Costco and Sam’s Club Limiting Bulk Rice purchases

3 Responses | Leave a Comment »

I just saw this today.

Costco is limiting bulk purchases of 50 lb. bags of rice, while Sam’s Club is limiting purchases of 20 lb. bags. As all the 44’s would probably guess, the reason behind the rationing is the soaring energy and commodity prices in the global market.

It’s obviously going to put the pinch on American consumers as energy prices continue to soar with no end in sight. Adding the problems with the unseasonal weather, it looks like food will continue to go up. The world’s poor are suffering most of all, and if this continues, people at the bottom rung of America’s middle class will begin to enter the ranks of the poor.

I don’t know what the solution is. My gut feeling is that the solution has something to do with better technology and fuel sources to help India and China with their rapid growth, but we should have been investing in these technologies five years ago when Dubya first accused us of being addicted to oil. Hopefully our new president, whoever it is, will prioritize education and research, and hopefully he or she won’t be afraid of offering incentives for people and businesses to begin using these new technologies.

This entry was posted on Thursday, April 24th, 2008 at 6:59 pm and is filed under News, Opinion, Politics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

3 Responses

nskripchun

10:15 pm | Apr 24, 2008

Americans and first world countries in general should adjust their diets… particularly in the area of meat consumption.

Seeing this:

Cutting Down on meat 20% is like switching to a Prius

Made me think. Even though I love meat, I think it’s a small modification everyone in America could make that would have a big impact. Something like cutting the amount of meat we eat by 20% to even one-third.

jaehwan

6:41 pm | Apr 27, 2008

We had a vegan organic event on Friday, and I was talking to the chef afterwards. He said that if all people at the American diet, we’d probably need four planets just to provide the food. That is seriously crazy.

jaehwan

7:14 pm | Apr 27, 2008

Skrips,

Just finished reading that article by Mark Bittman. Great article.

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