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iPath Bloomberg Livestock SubTR ETN Message Board

  • charles40 charles40 Nov 9, 2011 9:16 PM Flag

    administration caves

    on the beef side of gipsa!
    but did ya notice the pull back was slight.
    they just gave the big 4 a license to steal
    i thought higher prices were on the way,
    but but with a monopoly now given the green
    light, much much higher prices on the way.
    typical monopolistic behavior, lower prices
    to run all the competition out, then raise
    prices to the level of pain. With an excuse
    here and there and a weak and ineffective
    oversight. so, the price of beef goes way
    up--so what--all the independants already
    been wiped out, so its higher prices for
    who? well, the big 4 of course. They got
    the hammer over this administration for the
    next 12 months, they can raise prices at will.
    with the threat of don't mess with us, else
    will raise a bunch of cash and get the votes
    to put you out of office. only in america.

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