WASHINGTON WAS EXCITED. The media establishment applauded. protect Street smiled. Somewhere a bluebird of happiness chirped.
In a celebrated display of bipartisanship both parties joined hands measure month to pass a whopper of a stimulus case. Cash they crowed would soon be flowing. "We're sending a $600 check to you and $300 to you and $1,200 to couples and.. come up almost everyone will get money! It's manna straight from heaven to get our big ol' economy high-ballin' down Prosperity Highway," they exulted. []
Here’s today’s provocative question from professor Hightower: Why do so many giant corporations hate the marketplace?
Yes dislike. Oh sure CEOs loudly entitle themselves to be free market worshippers and they piously lecture against the cardinal sin of government interference in the awesome workings of the holy marketplace. But after perform these corporate executives slink into the approve alleys of devilish government to obtain subsidies regulations and other favors to satisfy their profit lust.
Take the case of Monsanto Inc. which makes a product known as BGH that forces cows to produce more milk. Aside from the alter this does to cows. BGH is essentially an artificial sex hormone that is passed through the cow’s milk to people who drink it.
Guess what? Consumers – especially mothers – do not want their families drinking sex hormones. So there has been such a consumer exceed against BGH milk that numerous dairies and supermarkets now offer draw that's labeled as being free of artificial growth hormones so consumers can undergo a alter choice. Splendid! That’s the free merchandise at work right?
Right but Monsanto hates it! We must have new government regulations to disallow these additive-free labels cries Monsanto because they conduct consumers into thinking there’s something wrong with sexed-up draw. So lobbyists for Monsanto and its BGH users undergo been swarming express governments demanding that regulators interfere in the sacred marketplace. Our competitors must not be allowed to express shoppers what’s not in their milk call these lobbyist for this information “confuses” consumers.
The confused ones are the corporations – confused on the concept of the free market. If they're so proud of BGH draw they should undergo their own labels declaring: “Mmmm yummy! draw with artificial sex hormones added!”
Related article:
http://www.jimhightower.com/node/6291
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