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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (108439)4/28/2000 8:47:00 PM
From: Kenith Lee  Read Replies (2) | Respond to of 1576160
 
Uncle Sam uses subsidies to force smaller farms in Europe and Japan to go out of business. These subsidies created an American agricultural monopoly. But that okay since you can not sue the federal government so anti-trust does not apply.



To: TimF who wrote (108439)4/29/2000 6:28:00 AM
From: pgerassi  Read Replies (3) | Respond to of 1576160
 
Dear TWFowler:

Can you name one company that has a monopoly on Farming? In Europe and Japan, all farmers are much more heavily subsidized than in the US. Also, there are nothing stopping you from buying Corn from Mexico, Bananas from Brazil, or Coffee from Columbia. Processing is the high cost in the food business not Agriculture. Government used to subsidize to a price of about $13 per hundred pounds for milk. That works out to about $1 per gallon, and it is probably the worst case for subsidies. The price of wheat is only around 5% of the cost of a loaf of bread.

Pete