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Prosecutors Office vows to crack down on food hoarding (Taiwan)
China Post ^ | 2-18-11 | Unattributed

Posted on 02/18/2011 5:14:23 PM PST by dynachrome

TAIPEI -- The Taiwan High Prosecutors Office vowed yesterday to harshly crack down on anyone caught hoarding food staples as part of the government's efforts to stabilize food prices amid a string of price hikes following the Lunar New Year. The office said it has started collecting evidence by monitoring prices of major consumer products. Anyone found to have engaged in hoarding will be severely punished to the fullest extent of the law, it said.

Those guilty of illegal activities such as hoarding daily necessities, manipulating food supplies or product prices could be sentenced to jail terms of up to five years or fines of up to NT$3,000 (US$100).

(Excerpt) Read more at chinapost.com.tw ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events
KEYWORDS: food; hoarding; prosecution; rice; taiwan
It won't happen here, of course.

right?

1 posted on 02/18/2011 5:14:27 PM PST by dynachrome
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To: dynachrome

Food hoarding? Is that buying warehouses full of the stuff to sell to people? They are making that illegal? They are going to get VERY hungry!


2 posted on 02/18/2011 5:17:38 PM PST by Onelifetogive (I tweet, too...)
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To: ChocChipCookie

Ping.


3 posted on 02/18/2011 5:22:21 PM PST by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: Onelifetogive
It sounds like they are cracking down on individuals trying to accumulate reserves of food "just in case".

Personally, if I was living on an island with China making nasty noises, and the possibility of a blockade at some future point, I would want a one-year survivalist stockpile as well.

4 posted on 02/18/2011 5:25:51 PM PST by PapaBear3625 ("It is only when we've lost everything, that we are free to do anything" -- Fight Club)
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To: dynachrome

Glad I bought several 10lb sacks of long grain rice several months ago at $3.99
It is $16 now
10 lbs of basmati is upward of $30 and is on backorder


5 posted on 02/18/2011 5:26:31 PM PST by mylife (Opinions: $1.00 ~ Halfbaked: 50c)
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To: dynachrome

Are they talking about speculators or regular people with a bigger than normal pantry?


6 posted on 02/18/2011 5:27:40 PM PST by GeronL (Needs a new tagline. LOADING..... LOADING.....)
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To: GeronL

Looks like “speculators” (mid level businesses)


7 posted on 02/18/2011 5:29:27 PM PST by dynachrome ("Our forefathers didn't bury their guns. They buried those that tried to take them.")
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To: Kartographer

ping


8 posted on 02/18/2011 5:30:47 PM PST by justsaynomore ("We the people are still in charge of this country!" - Herman Cain)
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To: Onelifetogive

Actually, there has been a problem numerous times before with manipulation of wholesale food prices in Taiwan. A few years ago, when I was visiting Hsinchu, it was garlic that was in short supply.l Rumor was that the gangsters had bought it up and pulled it off the market to drive up prices. Taiwan is also susceptible to panics, such as the lines of retirees, who had nothing better to do, to purchase Rice liquor before the price went up due to the WTO.

The prosecutors are just blowing smoke, since they know who the local Mob is. They just have to have the appearance of doing something useful while palms are greased.


9 posted on 02/18/2011 5:31:04 PM PST by flushing_kenny (One by one, I will stop the motors of the world)
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To: dynachrome

This is not for Hop Sing on the street. This is about large food wholesalers and speculators.


10 posted on 02/18/2011 5:36:31 PM PST by Lazlo in PA (Now living in a newly minted Red State.)
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To: mylife

Hit Costco. 25 lbs of rice for about ten bucks


11 posted on 02/18/2011 5:39:28 PM PST by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
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To: dynachrome

Any in Taiwan who DOESN’T hoard food should be routed out and jailed - considering their neighbor just to the north.


12 posted on 02/18/2011 5:43:23 PM PST by BobL (PLEASE READ: http://www.freerepublic.com/focus/f-news/2657811/posts)
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To: Lurker

“Hit Costco. 25 lbs of rice for about ten bucks”

If you read the calorie count, you’ll find that rice offers the best bang for the buck. If you have rice, then you can eat it with anything, and still not starve.

The way I see it - sooner (rather than later), food prices in the US will soar as the dollar crashes. You will still find food, but it will cost a fortune. If you have a good-sized stock of rice (which I have), or noodles, you will have your calories. You can then add whatever other foods happen to be available, at a given time (i.e., expect Soviet-style food shortages, once price controls take hold) and have a reasonable meal.


13 posted on 02/18/2011 5:46:57 PM PST by BobL (PLEASE READ: http://www.freerepublic.com/focus/f-news/2657811/posts)
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To: Lurker

The commodities index doesnt look bad, but I am seeing some wild prices.


14 posted on 02/18/2011 5:49:37 PM PST by mylife (Opinions: $1.00 ~ Halfbaked: 50c)
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To: BobL

The stuff lasts forever and I thought it would be good insurance.

As you said, you can eat it with anything.
And if you can make nuoc cham, it will be delicious!


15 posted on 02/18/2011 5:52:06 PM PST by mylife (Opinions: $1.00 ~ Halfbaked: 50c)
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To: dynachrome
How long before Obama and Incompetano declare Preppers and Survivalists to be national security threats?

How long before they start a campaign urging citizens to report anyone they see making bulk purchases of ammo, toilet paper, canned goods, rice, or other staples?

How soon will gasoline and other necessities be rationed? Not due to shortages but as a way of controlling those of us not on the government plantation?


16 posted on 02/18/2011 5:52:18 PM PST by Iron Munro ("Our country's founders cherished liberty, not democracy." -- Ron Paul)
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To: mylife

Yea,

I have kind of a heichary. Storage of rice and noodles makes the most sense. They are very cheap, last a long time, and aren’t bad to eat, even in good times (like now). Next is storage of canned and otherwise sealed items. You buy them in the supermarket in regular sizes (nothing large) and store what you can. For the calorie count, they can start getting expensive, but people need veggies and meat. Finally, if you’re really into it, you can preserve your own stuff - very expensive, and illogical if you can buy already-canned stuff (and probably better sealed). But if we’re talking years and years of bad times, rather than months to a couple of years, canning does make sense.

But the other thing to remember is that the deeper you go into the survival world, the more tempting it will be for the non-survivalists (the other 99% of the population) to gang up on you and ‘request’ that you share your booty.


17 posted on 02/18/2011 5:58:44 PM PST by BobL (PLEASE READ: http://www.freerepublic.com/focus/f-news/2657811/posts)
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To: BobL

Yeah, I have the same hierarchy, and if you can scrounge fresh produce to add to that stuff, you are making excellent meals.

Don’t forget beans and bullets!


18 posted on 02/18/2011 6:03:10 PM PST by mylife (Opinions: $1.00 ~ Halfbaked: 50c)
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To: mylife

Yea, I was hinting at the ammo at the end. You have to be able to defend what you have - although it’s always best to let as few people as possible know anything about it.


19 posted on 02/18/2011 6:08:25 PM PST by BobL (PLEASE READ: http://www.freerepublic.com/focus/f-news/2657811/posts)
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To: BobL
But the other thing to remember is that the deeper you go into the survival world, the more tempting it will be for the non-survivalists (the other 99% of the population) to gang up on you and ‘request’ that you share your booty.

Excellent reminder.

A wise man keeps his own counsel.

It is best that no one outside your own personal circle have any idea of your prepper supplies of guns, ammo, food, gasoline, precious metals, trading goods - anything at all.

When the time comes we will probably all be called upon to share.
We want it to be our choice, not because we are at the point of some moocher zomby's gun.

And consider this thought:

"Every day we throw away things people will kill for after TSHTF."


20 posted on 02/18/2011 6:16:12 PM PST by Iron Munro ("Our country's founders cherished liberty, not democracy." -- Ron Paul)
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To: BobL

Believe me, no one thinks this place is the Taj Mahal! LoL


21 posted on 02/18/2011 6:25:19 PM PST by mylife (Opinions: $1.00 ~ Halfbaked: 50c)
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To: dynachrome

Sure.


22 posted on 02/18/2011 6:52:56 PM PST by Califreak (Soros is the root of all evil)
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To: mylife

Me too, but not too much. I’d trade my Houston house for something with a basement any day. It beats having to store stuff in really hot places.


23 posted on 02/18/2011 6:57:21 PM PST by BobL (PLEASE READ: http://www.freerepublic.com/focus/f-news/2657811/posts)
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To: BobL

Basements present their own problems LoL


24 posted on 02/18/2011 7:00:20 PM PST by mylife (Opinions: $1.00 ~ Halfbaked: 50c)
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To: mylife

“Basements present their own problems LoL”

Sure. The humidity is a killer. But still, lots of stuff can go down there (but certainly no food, unless canned).


25 posted on 02/18/2011 7:06:55 PM PST by BobL (PLEASE READ: http://www.freerepublic.com/focus/f-news/2657811/posts)
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To: BobL

And Ruts, My Grammar called it Rut Cellar!


26 posted on 02/18/2011 7:18:29 PM PST by mylife (Opinions: $1.00 ~ Halfbaked: 50c)
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To: mylife

Let’s keep race out of this. Jocelyn Elders has NOTHING to do with survival strategies. LOL.


27 posted on 02/18/2011 7:22:56 PM PST by BobL (PLEASE READ: http://www.freerepublic.com/focus/f-news/2657811/posts)
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To: BobL

***Rolling my eyes***


28 posted on 02/18/2011 7:37:53 PM PST by mylife (Opinions: $1.00 ~ Halfbaked: 50c)
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To: justsaynomore

You can bet you will see laws like this being past soon in many ‘Blue’ States and Cities. I bet Bloomberg for one would puch it in a heartbeat!


29 posted on 02/18/2011 8:10:11 PM PST by Kartographer (".. we mutually pledge to each other our lives, our fortunes, and our sacred honor.")
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To: BobL

Those interested can download my Preparedness Manual at:

http://www.mediafire.com/?zx5772aa15x6xga


30 posted on 02/18/2011 9:06:25 PM PST by Kartographer (".. we mutually pledge to each other our lives, our fortunes, and our sacred honor.")
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