19 December 2006

The hard working American farmer

"Free market" capitalists will tell you that if the prices of the commodity you are producing are declining to the point at which you are not making a profit that this is a signal.

Most American farmers have taken it to mean that it is a signal for them and their associations to spend millions lobbying the US Congress for subsidies and special treatment. What the "free market" capitalists actually mean that it is a sign that you should actually move into other goods or crops, if you are a farmer.

Obviously those American farmers who dealt with this message appropriately and stopped farming soy beans, tobacco or whatever and moved into marijuana have reacted appropriately and have therefore been richly rewarded.

All without subsidies.

We should all give thanks to those ganja farmers out there who have shown the American farmer how the market operates.

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