4 votes

Liberty lesson in local newspaper

After asking what is the criteria for choosing which opinion letters to the editor of the Buffalo News newspaper get published, they published mine today.

This is Buffalo's only metropolitan newspaper, so it was a free way to get a Liberty lesson in the media to hundreds of thousands of people.

http://www.buffalonews.com/apps/pbcs...121229508/1074

They took out the word - continually after "fixed income". And they deleted my last sentence - Our elected officials are incompetent and/or negligent for letting this disaster to continue.

Milk price-fixing hides loss of purchasing power

Milk prices will not rise if the Farm Bill is not renewed. We would then pay the actual price for milk, not by artificial price-fixing. Who benefits from the fix? The farmers may get their profit via government subsidy. The purchaser “benefits” because the product is affordable, but this is through deception. The government benefits. When people have to hand over more dollars for a main staple such as milk, they want answers. Government doesn’t like dissent. So this staple “stays affordable” to docile people and gives the illusion that we are fine.

This milk price-fixing is to conceal the loss of the people’s purchasing power to buy goods and services. This loss is due to increasing the money supply (inflation) in our monetary system, thereby devaluing each dollar already in existence. Rising prices are a perceived symptom of inflation. This is perceived because prices actually do not rise; it is the value of the dollar going down. This is the main reason why we need to hand over more dollars to complete the same transaction as before. The fixing is the hiding of this devaluation that deceivingly steals the people’s wealth and especially hurts the lower middle class, the poor and those on a fixed income. The core problem is that we do not have sound money.

People are going to say that the Farm Bill must be renewed because they cannot afford to pay $6 a gallon for milk. Blame the Federal Reserve and our elected officials who back this hybrid organization for why we cannot afford things. These people tip that first domino with the chain reaction resulting in our wealth being pilfered from us. The more money created into existence out of thin air (stimulus, fractional reserve lending, etc.), the more we will not be able to afford goods and services in the future.

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

Excellent book on the subject

Excellent book on the subject of regional dairy policy and the plight of small farms and large corporate farms that is current to today is
MILK MONEY - CASH COWS AND THE DEATH OF THE AMERICAN DIARY FARM
BY Kirk Kardashian 2012
http://www.amazon.com/Milk-Money-ebook/dp/B0098ODOMU

“Any man who thinks he can be happy and prosperous by letting the government take care of him better take a closer look at the American Indian.” ― Henry Ford.

It's too bad that you misunderstand

The entire subject you are writing about. The market price for milk is actually roughly where it is priced today. At todays prices milk is neither being subsidized or penalized. The issue with milk is that every farm bill sets a price floor at which the government will begin buying "excess supply" off the market which in theory should save dairy farmers during bust periods. This price is written into law as superseding a previous price floor calculation, which has never been removed from law. The effect then is that if a new floor superceding the previous price floor calculation is not passed then the subsidy price would revert to a prior law from the 1940's under which the price floor would be in the neighborhood of seven bucks a gallon. So, your opinion peice is actually completely incorrect in that government is not subsidizing the purchase of milk, but the supply of milk (if necessary) in order to keep prices paid to producers up, not prices paid by consumers down as you state. The difference in the price floor set by the 1940's law (~$7), and the current law (somewhere in the $1 range) is a factor of increased production efficiency over the last 70 years. It is actually increased production efficiency that hides the effect of the FED inflation and helps make it appear our average politicians have something more effective than chicken manure between their ears. Not trying to be harsh here, but it is important to understand the topic of discussion before writing an op-ed as a misunderstanding such as this one will be used in the future to discredit your positions on all topics (especially ones on which TPTB want you discredited on) regardless of whether you are correct or not.

Josh Brueggen
Engineer
Entrepreneur
Gardener
Jack of all Trades
Precinct Commiteeman Precinct 5 Rock Island Co Illinois

You sure milks current price

You sure milks current price is roughly the market price?

I talked to a couple non organic local dairy farmers and those of my co-op. They stated that milk would be priced higher (without government intervention).

You are correct. The current

You are correct. The current price paid to farmers has "no" component of production cost incorporated into the formula the government uses when it circumvents the market to feed their friend in the processing industry. The small and diverse farms like ones you might envision, including and especially family farms, are little more than serfs on their own land normally indebted heavily to the same government that loans them money to operate as they set the price of their product.

The real story here is the complete monopolization of the American fluid milk market by Dean Foods.
Google: Dean Foods monopoly
What you will find here is the MSM filtered version of an industry group that is in complete collusion with government and benefiting from its monopoly status achieved through our crony capitalist corrupt system.

“Any man who thinks he can be happy and prosperous by letting the government take care of him better take a closer look at the American Indian.” ― Henry Ford.