Wednesday, November 14, 2012

Obama tried to rein in meat packers




The New America Foundation says United States President Barrack Obama planned to rein in the nation’s largest meat packers, but after two years in office, he backed off.

“In an effort that went largely unnoticed by the mainstream press, the Obama administration launched a frontal assault on the giant meat and dairy processing companies that dominate rural America,” the Foundation says.

“In the most far-reaching attempt to reform Big Ag in a half-century, the administration’s top brass went after a system that allows de facto monopolies to bully farmers into contracts, force them into debt, pay them arbitrarily, and leave them powerless, penniless, and afraid to speak out.

“The efforts failed, according to a new Washington Monthly article out by Lina Khanpolicy analyst in the New America Foundation's Markets, Enterprise, and Resiliency Initiative. 

“As Khan reports, the administration held an unprecedented series of public hearings, inviting farmers to speak out.

“But as soon Big Food reacted, officials retreated in disorder, leaving companies free to treat America's farmers as they please.

 “Khan explains how officials let politics derail reform and details how this gross imbalance of power threatens not merely the livelihood of rural Americans but many of their basic liberties,” the Foundation says.