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Politics : American Presidential Politics and foreign affairs

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To: DuckTapeSunroof who wrote (30835)	1/2/2009 3:04:45 PM
From: TimF	Read Replies (1) of 71588

More pigs lining up. --- Steel Industry, in Slump, Looks to Federal Stimulus nytimes.com The Agriculture Department has committed to buying 111.6 million pounds of milk powder at 80 cents a pound, for roughly $91 million, which includes some handling fees. Before October, the last time the government bought milk powder was in June 2006, and it was eventually used in government nutrition programs, given away as animal feed or sold on the open market, said Steve Gill, director of commodity operations for the department. He said the agency has not decided what to do with the cache of milk powder in California. Some critics of farm subsidies argue that price support programs are antiquated and allow farmers to continue producing even when the economics make no sense, as taxpayers will always buy up the excess production. “They don’t want to downsize or respond to the market signal. They want to keep producing,” said Kenneth Cook, president of the Environmental Working Group, a Washington research organization that has long been critical of the government’s farm policy. “Once you get in a jam like this, it becomes our collective problem.” nytimes.com

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