July 20, 2012, - 5:18 pm
I’ve repeated the trite, old joke on this site a million times. G-d tells the world’s leaders he will destroy the world in two days. The next day, all of the liberal newspapers have headlines like, “World to End Tomorrow. Women, Children, and Minorities Hardest Hit.” Sadly, the joke isn’t really a joke. Some newspapers actually custom-fit their reporting to accommodate the “Muslims Hardest Hit” BS. And so it goes with the Wall Street Journal and the price of sugar.
Sugar prices are going up. And while the whole world uses sugar, the Wall Street Journal reports that it affects Muslims and only Muslims. We are supposed to shed a tear for them because they eat sweet things to break their fasts during Ramadan. Uh, since when are Muslims the only sugar consumers in the world? Since the Wall Street Journal–owned in significant part by Prince Al-Waleed Bin Talal decided that fact and his Islamo-pandering “reporters” massaged the story to make Muslims the victims, yet again. On Tuesday, this was the paper’s headline:
Things Get Sticky Before Ramadan: Price of Sugar, in Demand for Holiday Treats, Soars as Rains Damage Brazil’s Cane-Crop Output
What?–Christians and Jews and Hindus and Wiccans and Zoroastrians and Buddhists and Daoists don’t use sugar??? They aren’t affected by rising sugar prices? Not, apparently, according to the Wall Street Journal and reporter Leslie Josephs. It’s like saying, “Toilet Paper Prices Up. Muslims Victimized! Everyone Else Can Use Scratchy Leaves & Poison Ivy.” And the article reads the same absurd way.
Sugar traders find themselves in a sticky situation as a combination of higher demand from the Muslim world ahead of an important holiday and surprisingly low supplies from Brazil is sending prices sharply higher.
Market participants expect prices to remain high in coming months because unseasonable rains in Brazil, the world’s biggest sugar producer, have continued to ravage the harvest there as potential supply problems crop up in other key sugar-producing regions of the world.
While Ramadan, considered the holiest month of the Islamic calendar, begins in most places after sunset on Thursday, a flurry of sugar purchases by wholesalers, bakeries and food companies in the Mideast and elsewhere already has started in earnest. Market participants usually expect an uptick in consumption ahead of the Muslim holy month because it is a tradition for hundreds of millions of observers to eat lots of sugary treats after fasting all day. . . .
Raw-sugar prices have rallied 21% since early June and ended Tuesday at 22.79 cents a pound. Traders who were anticipating huge sugar deliveries out of Brazil have been caught off guard. And analysts and market experts say that the deteriorating supply picture there sets the stage for further price gains, especially as weather concerns begin to emerge over the sugar-cane crop in other parts of the world. . . .
The unusually heavy rainfall in Brazil has kept farm machinery out of the fields and damaged sugar cane—too much water dilutes the cane juice, which then yields less sugar. Last week, Brazil’s main sugar industry group, Unica, reported that the amount of sugar cane that has been cut and processed in the main Center-South growing region is down 28% year-over-year due to the excessive rain.
Usually, seasonal rains peter out in June, allowing the harvest to go into full swing.
“In terms of fresh sugar supplies, there is very little to put out on the world market,” said Leonardo Bichara Rocha, a senior economist at the International Sugar Organization in London. . . .
And buyers in the latest pre-Ramadan rush snapped up the sugar that was available.
Ah, so while they paint Muslims as the only victims of rising sugar prices, it’s actually the opposite. Muslims are the perpetrators. They’ve raised demand and driven the prices up for everyone. The rest of us–the non-Muslims, the infidels–are the victims of the rising prices caused by Muslims who’ve bought up the world’s smaller sugar supply rather than sharing with everyone else. (Since sugar, especially in large quantities, isn’t healthy, they can have it.)
But, hey, according to Muslims and Islam, the rest of us aren’t first-class human beings or citizens of the world anyway. So we don’t count. And, lucky them, the Wall Street Journal reporting staff feels the same way.
Tags: Brazil, Islam, Muslims, Prince Al-Waleed Bin Talal, Ramadan, sugar, sugar prices, Wall Street Journal