Of Course, We Could Blame The Egytian Insurrection On Global Warm Mongers

And their stupid ethanol subsidies. Burning food in cars causes shortages and inflation.

It is food inflation that is ultimately breaking the the back of the Mubarak regime. Traders on Friday noted that Fitch, in downgrading Egypt's outlook to negative, specifically cited the high food inflation, which is running at about 17 percent a year. Staples like meat, sugar and vegetables have been climbing out of the reach of the ordinary Egyptian for a year.

Bottom line: we are watching a major economic story — global food inflation — play out now as a major geopolitical event.