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Tuesday, August 11, 2009

Bleeding Heartland: No more bailouts for factory farms

Excerpted from this post at Bleeding Heartland

If your widget factory produces too many widgets, you will be stuck
with extra inventory, affecting your bottom line. In contrast, if your
factory farm contributes to excess production of pork, high-level
elected officials will ask the federal government to bail you out. I
learned from Iowa Citizens for Community Improvement today that last
week nine governors, including Chet Culver, "requested $50 million of
taxpayer money from the U.S Department of Agriculture (USDA) to buy
over-produced pork off the market. This follows similar requests made
by the National Pork Producers Council in early May and Iowa Secretary
of Ag Bill Northey in June." ... There's no reason to exempt
corporate agriculture from basic laws of supply and demand. Taxpayers
already pay too much to subsidize factory hog farms.

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