The Coming of the Perpetual Milk Cliff
Only in Washington could they concoct a scheme in which we are forced to increase spending on market-distorting subsidy programs lest we suffer the pain of further market distortions through government price controls. Yet, that is the case with the so-called dairy cliff that would have been crossed had Congress not passed an extension of the current farm bill. Last year, conservatives successfully blocked the | Read More »
Compromise reached on… farm bill.
If you were asking yourself Just how much of a kabuki theater is what’s going on in Congress right now? – well, wonder no more. From USA Today: Top leaders on both the Senate and House Agriculture committees announced a deal on Sunday to extend the 2008 farm bill by a year, a deal that could avoid a surge in market prices for milk and | Read More »
Banning abortion the EPA way!
Thomas Sowell has an article out today about the latest incidence of mission creep from the EPA. To summarize: the EPA has wide discretion when it comes to oil spills. Milk contains oil. Therefore, the EPA has wide discretion over milk spills, too – which includes requiring ‘emergency plans’ and ‘first responders’ and ‘extra storage tanks’ from dairy farmers in order to handle such life- | Read More »