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  1. #1
    formerly LJ4MVP KI4MVP's Avatar
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    Default incompetent congress

    With Congress spending all its time trying to avert the fiscal cliff, a slew of other legislative matters are going unattended. One of them is the agriculture bill which, if not addressed, could lead to a doubling of the price of milk early next year.

    It works like this: In order to keep dairy farmers in businesses, the government agrees to buy milk and other products if the price gets too low. The current agriculture bill has a formula that means the government steps in if the price of milk were to drop by roughly half from its current national average of about $3.65 a gallon.

    Problem is, the current bill expired last summer, and Congress had been unable to agree on a new one. Several protections for farmers have already expired, and several more are set to do so over the next few months. One of them is the dairy subsidy, which expires January 1.

    But instead of leaving farmers entirely out in the cold, the law states that if a new bill isn't passed or the current one extended, the formula for calculating the price the government pays for dairy products reverts back to a 1949 statute. Under that formula, the government would be forced to buy milk at twice today's price -- driving up the cost for everyone.

    "If you like anything made with milk, you're going to be impacted by the fact that there's no farm bill," U.S. Secretary of Agriculture Tom Vilsack told CNN's Candy Crowley in an interview on State of the Union airing Sunday, Dec. 30.

    "Consumers are going to be a bit shocked when instead of seeing $3.60 a gallon for milk, they see $7 a gallon for milk. And that's going to ripple throughout all of the commodities if this thing goes on for an extended period of time," Vilsack said.
    http://money.cnn.com/2012/12/21/news...html?hpt=hp_t1

  2. #2
    Rising Star bcort's Avatar
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    Default Re: incompetent congress

    Yep, don't really mind them focusing on the fiscal cliff instead of milk.

  3. #3
    Situational Stopper boxxer's Avatar
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    Default Re: incompetent congress

    Meh, it costs a small fortune for milk in Hawaii and they are some how getting by.

  4. #4
    Luke, I am your Father Bill Walton.'s Avatar
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    Default Re: incompetent congress

    I'm confused... How do you write a thread about Congress being incompetent but at the same time expect them to read your thoughts?

    They're incompetent, they won't understand.

    congratulations on your discovery. Posts like these are straight up stupid.. There's thousands of posts I can make like this and do often write.. But then erase. So why do I write the ones I do?
    Read this:
    As I've said before, I never repeat myself


    Got something you want me to say? Post it here: http://realcavsfans.com/showthread.p...lton-Post-1000

  5. #5
    formerly LJ4MVP KI4MVP's Avatar
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    Default Re: incompetent congress

    Quote Originally Posted by bcort View Post
    Yep, don't really mind them focusing on the fiscal cliff instead of milk.
    it would be one thing if they were actually doing something about the fiscal cliff, but instead they just wasted a whole week then took an early vacation.

  6. #6
    Best in the World The Voice's Avatar
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    Default Re: incompetent congress

    You guys sound surprised...

    OU... OH YEAH!!!!

    9/13
    Quote Originally Posted by Pip
    Sanchize and the boys start their reign of dominance tonight...
    Someone has a CHIP on his shoulder (you know who you are)

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  8. #7
    Rising Star bcort's Avatar
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    Default Re: incompetent congress

    Quote Originally Posted by KI4MVP View Post
    it would be one thing if they were actually doing something about the fiscal cliff, but instead they just wasted a whole week then took an early vacation.
    So is it safe to assume you were screaming at the President to get his ass back to the US to work on the fiscal cliff when he decided to go on an Asian campaign?








    No? Color me shocked.

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  10. #8
    OSU Alum KCOTT's Avatar
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    Default

    I lose sleep every night over this




    If an older woman who goes after younger men is a "cougar," is an older man who goes after younger boys a "nittany lion?"

  11. #9
    Rising Star Tlyons's Avatar
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    Default Re: incompetent congress

    Quote Originally Posted by KCOTT View Post
    I lose erections every night over this
    .

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