Showing posts with label Free Market. Show all posts

12/29/2012

Are You Ready For $6 to $8 a Gallon Milk?

Posted by Brian

While Congress and the President pussyfoot around with the "fiscal cliff", there is another cliff which consumers may go over in very short order - the "Dairy cliff". The decades-old dairy subsidies (the government interfering in the free market) are set to go away, and if Congress does not pass a farm bill by January 1, three days away, consumers could see a serious spike in the milk they purchase.
Who would've thought that your morning cereal would become a luxury?
I hope you like your coffee black!

The other, other cliff: With no farm bill, milk prices set to soar
POSTED AT 2:01 PM ON DECEMBER 28, 2012 BY ERIKA JOHNSEN

A few weeks back, Department of Agriculture Secretary Vilsack lamented the declining influence of rural America and the agricultural lobby’s inability to push next year’s farm bill through Congress. What he conspicuously failed to mention, of course, is that the farm bill and the USDA’s many decades-old agricultural programs in general (numbering in the hundreds and ranging from direct cash payouts to trade barriers) primarily benefit large agribusinesses and hardly ever the small, struggling family farms they claim they are trying to “protect.”

In reality, all of these subsidies only help special niche interests, distort free-market signals, provide rent-seeking channels to industries that neither need nor merit it, create virtual taxpayer-sponsored rackets, and come at the cost of a net drain on our economy. The dairy industry is just one example of the utter convolution perpetuated by the federal government deigning to award market-distorting special treatment, on behalf of what they deem to be ‘fairness’ and at taxpayers’ expense. Sorry to throw another “cliff” metaphor at you, but this is happening:
Continue Reading

4/24/2012

Video: "If I wanted America to fail"

A MUST WATCH!! Brilliant video put out by Free Market America. Pass it around!

The environmental agenda has been infected by extremism—it's become an economic suicide pact. And we're here to challenge it. On Earth Day, visit www.freemarketamerica.org.

Posted by Brian

1/20/2012

Marxism On Parade: Dems Propose Confiscating "Excess" Profits From Oil Companies

Posted by Brian
In a move that would make Hugo Chavez and Karl Marx proud, a handful of Democrats are attempting to pass legislation that would set up a central committee to monitor profits from gas companies. If they determine that a gas company has made too much profit they would apply a tax of up to 100% of that which they consider excessive. What is considered "reasonable" or "excessive" is not defined.
Folks, this is right out of the playbook of every communist dictator and despot throughout history.

Dems propose 'Reasonable Profits Board' to regulate oil company profits

By Pete Kasperowicz - 01/19/12 10:20 AM ET

Six House Democrats, led by Rep. Dennis Kucinich (D-Ohio), want to set up a "Reasonable Profits Board" to control gas profits.

The Democrats, worried about higher gas prices, want to set up a board that would apply a "windfall profit tax" as high as 100 percent on the sale of oil and gas, according to their legislation. The bill provides no specific guidance for how the board would determine what constitutes a reasonable profit.

The Gas Price Spike Act, H.R. 3784, would apply a windfall tax on the sale of oil and gas that ranges from 50 percent to 100 percent on all surplus earnings exceeding "a reasonable profit." It would set up a Reasonable Profits Board made up of three presidential nominees that will serve three-year terms. Unlike other bills setting up advisory boards, the Reasonable Profits Board would not be made up of any nominees from Congress