I told myself not to include any political issues when I first started this blog, but I believe the widely publicized issue on rice hoarding should be visited.
Why is it wrong to hoard? Is it really wrong to hold oil when prices keep rising? Doesn't governments do this? make their own reservoirs of oil? (Oh yeah... they're the only ones allowed to hoard)
What's the difference with going long on a company's stock with the price increase expectation?
Are we really threatening anyone by not giving them rice? Don't they have alternatives? Bread perhaps?
Why so aggressive with the "hoarders," who are simply businessmen?
Conrado de Quiros, a columnist for the Philippine Daily Inquirer writes a compelling case in his article, "What you don’t know can kill you"
Link: http://opinion.inquirer.net/inquireropinion/columns/view/20080408-128994/What-you-dont-know-can-kill-you
Tuesday, April 8, 2008
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