I don't know if you're a farmer or not, but consider this. Maybe I think wheat products are costing me too much, my cereal, bread, etc. I think there should be a Wheat Stability Law enacted. It should never cost more than $1 for a loaf of bread of $2 for a box of cereal. I don't care what it costs to produce that wheat, or transport it, or process it into the foods I eat, I want to pay the same all the time. After a while, the farmers realize they can no longer make a profit growing wheat, so they stop. They grow something else. The food companies that turn the wheat into flour and cereal realize they can no longer turn a profit so they stop. What would you propose at that point, that they be forced to continue and lose money and go out of business completely, or lose their farms? Or should the government, (you and I), begin to subsidize production and processing of wheat so that the retail price can continue to be stable? Even though that means we are paying higher taxes to keep those businesses profitable.
Surely you can see the folly in your idea. Free markets must remain free. Any regulation, or interference, by outside forces, (the government) will cause an inbalance and the markets fail. Very similar to the restrictions congress has imposed on domestic oil drilling over the past 30 years has caused us to become dependant on foreign sources of oil, and subjected us to bearing the pain of what others, mostly OPEC, believe the price should be. They, OPEC, are right now trying to artificially raise the price of a barrel of oil by reducing output. They have said they think a fair price for a barrel is $75 to $80. That means gasoline at $2.50/gal. plus.
See why it has been folly to restrict our own ability to drill domestically?
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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