Precisely. Although at issue here is not that food production in our country has become too costly for natural reasons, but because government regulation has added to the overhead cost of being in food production. Up to a point that overhead can be offset by efficiencies in food production technology.
Small farmers were regulated out of the main food market decades ago. New regulations threaten to do the same to large corporate farms. Eventually, and I think this is the overall purpose of the Socialist agenda, the government will step in and say that government must solve this problem and they will take over “farming”.
We’ve seen how the Socialists regulated the banking industry into a credit crisis. The crisis was created by banking regulations put in place in the late 1990s by Clinton and a Democrat Congress, forcing banks to make loans their own formulas said were problematic. The banks, in an effort to offset the problematic loans on their books created new financial instruments using the sub-prime mortgages as collateral and sold these off for cash. The government, complicit in this, especially Fannie Mae and Freddie Mac, purchased these financial instruments in order to inject liquidity into those banks that could not be guaranteed by the bad loans alone.
In the end the government created through its regulations a situation that they now blame on greedy bankers and Wall Street. And yes, there were lots of greedy bankers out there making the best of a bad situation. It isn’t as if they could stop without the Feds coming down on them and forcing them to continue, so they continued and did as our Public Masters insisted they do.
Bush went to Congress maybe four times to get them to change these regulations, and Congress denied his request. The press went after Bush because the changes he proposed would’ve reduced the sub-prime mortgage lending, thus depriving many minorities of a chance to own a home. They called him a racist among other dirty names. Bush knew this was coming and because it was a domestic issue, the Congress held the power to enact the change that was necessary, and the Republican Congress again failed to step up to the plate. And when the Democrats took over Congress, well they told Bush he was a lame duck and a racist and proceeded to wreck any and all of his policies that they could, including traveling abroad and interfering in foreign policy, which is not a Congressional power.
Today they’ve gone ahead with bank takeovers, manufactory take overs, and they’ve appointed a position in the Executive branch to review corporate executive pay, as if that would help solve any of the problems. They’ve sold our nation a bill of goods and an empty crate, and people still think the Dems and Obama walk on water.
It is pathetic.
Excellent analysis !
What or whom will the Government Farms use for labor? Convicts? Forced labor for debtors? “Vocational Re-Training” for those who have lost their jobs due to Government corruption?
If that happens, I'm gonna start drinking Vodka, cause we be in the Soviet Union then!