Sunday, September 30, 2007

Talking about...Saddles and cattle, Beef history, Farm subsidies, State inspection, Ethanol bubbles

“They are pretty even. Saddles are easier to get rid of than cattle.''
(Source: KOTV.com, September 25, 2007)
John Bradshaw, special ranger for the Texas and Southwestern Cattle Raisers Association, comparing the theft of saddles and cattle.
>PS: He had just tracked down 24 stolen saddles valued at $19,000.

“The great meat companies of the world were here: Swift, Armour, Oscar Mayer, they were all here…Meat was all dry-aged, everything on the bone. Everything was primal cuts…Raw meat now is cleaner than cooked meat in the 1970s…Early 20th century cattle were substantially different, too: smaller and chunkier ‘belt-buckle cattle’."
(Source: Chicago Sun-Times, September 26, 2007)
Robert Hatoff, chairman and CEO of Allen Brothers, reminiscing about the history of the beef industry during the 27th National Beef Cook-off at the Renaissance Chicago hotel.

"Federal farm subsidies are already narrowly focused on certain crops and are excessive. They become ridiculous given the exploding possibilities to grow crops for biofuels production."
(Source: Washington Post, September 28, 2007)
Sen. Richard G. Lugar (R-IN), farmer, former chairman of the Senate agriculture committee, talking about the payments still being made to corn farmers suddenly awash in ethanol cash.
>PS: The honorable Richard Lugar is right. My tax money ought to not to be used to ‘prop up’ profitable businesses.

“If we want to open more markets up to American agriculture products abroad, we ought to start opening them at home first,”
(Source: St. Louis Today. September 30, 2007)
Rep. Roy Blunt, R-Mo., House Minority Leader and a chief sponsor of the new state inspection rules, suggesting state inspection ought to be on a par with federal inspection.
>PS: Equivalent rules; equivalent business opportunities. Sounds fair to me.

“The end of the ethanol boom is possibly in sight and may already be here. This is a dangerous time for people who are making investments.”
(Source: New York Times, September 30, 2007)
Neil E. Harl, an economics professor emeritus at Iowa State University, lecturer on ethanol and consultant to producers, warning that the bubble is about to burst.
>PS: Everytime the feds decide to artificially ‘prop up’ a business, boom and bust is sure to follow.

0 Comments:

Post a Comment

<< Home