Milk Madness

Discussion in 'Politics' started by KenH, May 19, 2008.

  1. KenH

    KenH
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    Milk Madness

    You don’t have to be a libertarian to be amazed at the way the government’s many tentacles often work at cross-purposes. The Wall Street Journal reports today on the U.S. milk industry:
    Federal regulators are investigating allegations that the nation’s largest dairy cooperative, Dairy Farmers of America, has manipulated milk and cheese prices . . . the Commodity Futures Trading Commission is looking into whether DFA sought to drive up the price of milk….


    Manipulating milk and cheese prices! Driving up prices! It’s a good thing that we have the government to help protect us from such abuses.
    Oh, wait a minute. The federal Department of Agriculture runs an extensive array of marketing orders, import controls, and other programs to squelch dairy competition and keep prices artifically high.

    posted by Chris Edwards on 05.19.08 @ 2:09 pm

    - www.cato-at-liberty.org/2008/05/19/milk-madness/
     
  2. TomVols

    TomVols
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    I thought this too. And the FAA has driven up airline prices, halting some airplanes. And the FDA is stifling the medical industry, ceasing trials for ALS, and other diseases. Not to mention the Congressional war-drumming over the Oil industry. And shall we talk about mortgages........?
     
  3. hillclimber1

    hillclimber1
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    Oh well, milk isn't what it once was. I wonder if it is even beneficial anymore.
     

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