Obama's Trade Deal Will Bankrupt Canada's Farming Industry "Overnight", Expert Says

[schmedlap]

Some probably do not know that it is also poultry (turkeys, chickens, etc) and eggs. It is a system that maybe had a legitimate purpose when it began, but has lost same, and, as often happens with such, has now somehow become "sacred". In all these sectors it distorts the market and leads to gross inefficiency and unfairness. The real entrepreneurs in these sectors will be delighted to go to fair competition and productivity. The current rules are so wasteful and unfair, it is unbelievable - products that are quantitatively above "quota" are being just dumped/trashed, and wannabee producers of specialty products, such as artisan cheeses, are being over-regulated and stymied. The whole thing is kind of "soviet" in its ambit.

Now, for the most part, the producers caught up in all this are not the initiators of the problem. They are caught in the web of large provincial and federal self-interested bureaucracies which have to be artificially supported and paid for by quota systems, where their biggest "asset" is the quota (it is VERY expensive to finance entry into the dairy business, as a result). And they do not "own" the quota - only a license to utilize it - and to be at the mercy of the bureaucrats in terms of exactly how they employ it, and whether they can keep it. This results in it being overly expensive to finance acquisition of said quota, because a banker has to devalue its security value - the lender has little ultimate control over its dispositon if there is default - as an "asset" it gets very diminished security value.

The fair and wise thing to do is to dissolve the "sacred" system, compensate the quota holders fairly (not their entire cost, they can still produce and have existing infrastructure to gain advantage in a free market), get rid of the bureaucrats and boards, and regulate things exactly the same way as every other agricultural endeavour. The "slugs" who can't compete without what amounts to vast government subsidies will fail, of course, as is the case in every other agricultural sector. The good and efficient producers, and a whole new variety of innovative farmer types, will survive, thrive, and give the Canadian consumer vastly more diverse and better choices at less cost.

What do you think the chances are of our governments being "smart" in this context? Probably nil ? So we will, as consumers, go on being hosed for these products and having less choice (on a comparative basis), innovation will be stifled, and eventually either we will have to subsidize even more heavily, or our relevant industries will be wiped out by foreign competition that is not so heavily bureaucratized, in any event.

[Rio56]

Originally Posted by Matt L.

Really? Being an active member for 8 years doesn't have anything to do with it?

ah nope ..

[Rio56]

Originally Posted by ImpartialObserver

Understanding a milk quota would seem pretty important when discussing how the TPP will affect dairy farmers.

no kidding..

[Purple Farmer]

Originally Posted by Rio56

it seems the pink whoops... purple farmer has taken a break to read google...too funy

Your comments to others just tell me you want to fight, nothing more and nothing less, please submit last name that you were banned under......

[Purple Farmer]

Originally Posted by bb356

This is great advice!

[Matt L.]

Originally Posted by Rio56

ah nope ..

I wonder what your true post count is...

[CNP]

Originally Posted by GameTracker

http://www.zerohedge.com/news/2015-1...ht-expert-says

Overnight if we were to eliminate tariffs on imports, we would likely see the dairy sector in Canada, and perhaps the poultry and egg sectors, collapse overnight."

TTP NEEDES TO BE SCRAPED ASAP...

Your source:

Zero Hedge

Zero Hedge[1] is a batchit insane Austrian economics-based finance blog run by a pseudonymous founder who posts articles under the name "Tyler Durden," after the character from Fight Club by Chuck Palahniuk. It has accurately predicted 200 of the last 2 recessions.

Tyler claims to be a "believer in a sweeping conspiracy that casts the alumni of Goldman Sachs as a powerful cabal at the helm of U.S. policy, with the Treasury and the Federal Reserve colluding to preserve the status quo." While this is not an entirely unreasonable statement of the problem,[2] his solution actually mirrors the anatagonist in Fight Club: Tyler wants, per Austrian school ideas, to lead a catastrophic market crash in order to destroy banking institutions and bring back "real" free market capitalism.[3]

The site posts nearly indecipherable analyses of multiple seemingly unrelated subjects to point towards a consistent theme of economic collapse any day now. Tyler seems to repeat The Economic Collapse Blog's idea of posting blog articles many times a day and encouraging people to post it as far and wide as humanly possible. Tyler moves away from the format of long lists to write insanely dense volumes[4] filled with (often contradicting) jargon that makes one wonder if the writers even know what the words actually mean.[5] The site first appeared in early 2009, meaning that (given Tyler's habit of taking a **** on each and every positive data point), anyone listening to him from the beginning missed the entire 2009-2014 rally in the equities market.

The only writer conclusively identified is Dan Ivandjiiski, who conducts public interviews on behalf of Zero Hedge.[6] The blog came online several days after he lost his job at Wexford Capital, a Connecticut-based hedge fund (run by a former Goldman trader). And chose his pen name from a nihilistic psychotic delusion.

Zero Hedge is not quite the NaturalNews of economics, but not for want of trying

[GameTracker]

Originally Posted by CNP

Your source:

http://rationalwiki.org/wiki/Mainstream_media

The mainstream media will probably remain a major force in our society for some time to come. This is especially true when one considers that the mainstream media is dominated by large corporations on all of its fronts.

http://www.businessinsider.com/these...america-2012-6

Think your sources are any better.....rflmao
Mainstream bullsh*t propaganda..

pick your poison i guess whould be the correct response..