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To: thecodont
The problems started in 2009, when milk prices bottomed out and grain prices soared, partly due to the government's ethanol mandate. Congress is requiring that gasoline producers blend 15 billion gallons of ethanol, made from corn, into the nation's gas supply by 2015. Dairy farmers were forced to borrow against their land and cows to make their bills.

Law of unintended consequences. The ethanol and milk price supports created this situation.

4 posted on 10/14/2012 11:27:57 AM PDT by SeaHawkFan
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To: SeaHawkFan

It’s so ironic. CA has both oil and cows, gov’t won’t let them have either.


10 posted on 10/14/2012 11:36:03 AM PDT by thecodont
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To: SeaHawkFan
Law of unintended consequences. The ethanol and milk price supports created this situation.

Government intervention in a free market never works. It only makes things worse.

In the end, everybody gets screwed -- the suppliers, the processors, the consumers. Not to mention the taxpayers, who pay for the subsidies.

18 posted on 10/14/2012 12:00:59 PM PDT by okie01 (THE MAINSTREAM MEDIA; Ignorance on parade.)
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To: SeaHawkFan

Yes, everything politicians tinker with eventually turns to crap. Of course, just try ending either ethanol mandates or milk price supports and see how far you get, and Republican farm state pols are just as bad as the Democrats on this score.


40 posted on 10/14/2012 2:21:13 PM PDT by Pining_4_TX ( The state is the great fiction by which everybody seeks to live at the expense of everybody else. ~)
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