Showing posts with label chickens. Show all posts
Showing posts with label chickens. Show all posts
Friday, December 26, 2008
It seems that every industry billionaire is coming to Washington with their hands out and the latest to line up to the trough is the chicken industry.
Chicken producers, including the failed Pilgrim's Pride and torture experts Tyson Foods Inc. have received a $42 million bailout from US taxpayers. The US government has taken pity on the producers and purchased 60.451 million lbs. for the school lunch program. This purchase has prolonged the inevitable destruction of the chicken industry.
Once again, lawmakers are focused on short term solutions to save large donors, such as the animal, auto, and banking industries, to ensure that they will be re-elected. I think this video kind of explains our situation.
Monday, December 1, 2008
Pilgrim's Pride, the largest chicken producer in the world, has filed bankrupcy. Rising chicken feed costs, declining sales, and overproduction led to their demise with a $802 million loss in the fourth-quarter. I hate to say it(actually I love to say it) karma is a killer (link).
Here's a little something for the Pilgrim's Pride executives. Never forget the good times boys...
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