Standard of Living – Madison, Wisconsin

• “Stimulus May Bolster Dairy Industry”, by Marc Heller, in Watertown Daily Times

This fetish for price-gouging the consumer is for the benefit of Rep. Collin C. Peterson (D-Minn.) and his special interest group—corporate-welfare farmers.  What’s next Collin, shall we pass legislation to burn down millions of old homes to prop up housing prices?  Wait, that’s not one of the special interest groups that pay your extortion fees election fees.  Skip that one.

Obviously, consumers aren’t one of Collin’s special interest groups either.  They don’t pay his extortion fees election fees.  Which is why they get the shaft.  Consumers will continue to pay higher prices if Collin and his corporate farming criminals get legislation like this passed.  Collin and the corporate-welfare gang benefit at the expense of the consumer.

• This scheme was exposed by Hazlitt long ago in Economics In One Lesson, and his writing on this is wonderful:  Chapter 13: “Parity” Prices
• And for some great laughs check out the definition of “Bureaucracy: American Style” under The Classic Cow Model of government. Try not to die laughing!
  

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This entry was posted on Monday, January 19th, 2009 at 7:00 am and is filed under Central Planning, Fascism, Government Corruption.You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.