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

To: Kenith Lee who wrote (108446)4/28/2000 8:52:00 PM
From: TimF  Read Replies (1) | Respond to of 1576163
 
RE: 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.

Europe and Japan have even larger subsidies (as a % of thier output, or when how they effect the local price is considered), then the US. I would say just toss all the subsidies and the world will be a better place.

Tim



To: Kenith Lee who wrote (108446)4/29/2000 11:16:00 PM
From: Joe NYC  Read Replies (1) | Respond to of 1576163
 
Ken,

Uncle Sam uses subsidies to force smaller farms in Europe and Japan to go out of business.

I think you are completely wrong on this issue. The European and especially Japanese farms are an order of magnitude more regulated and subsidized than US farms. The market in these countries (EU, Japan) is so distorted that you can't really call it market any more. The primary products they are farming are government subsidies.

Joe


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