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ADM & Cargill claim trade dumping |
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Written by Stumo
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Tuesday, 15 April 2008 |
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This is funny.
Those darned protectionists at ADM and Cargill are asking the U.S. Dept
of Commerce and the U.S. International Trade Commission to impose
antidumping and countervailing duties against Canada and China.
Citric acid and citrate salts.
Last I checked, Cargill was leading the free trade bandwagon.
And ADM was fined $100 million for price fixing in the citric acid market (also lysine) in 1996.
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In the news
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Colorado CPA member Milt Heft has these thoughts on money, wealth and the economy. Heft is the owner of Petrogen, Inc in Colorado Springs.
A few thoughts about manufacturing:
There is a great misunderstanding of the relationship- between money and wealth. The beginning principles with which we can all agree are a few and simple noble truths:
1. Money is meaningless without wealth.
2. Wealth is difficult to distribute without money.
3. Wealth is the reality of the physical things we need to survive and thrive: food, clothing, shelter, ice cream & computers. It is the product of mining, industrial production, and agriculture.
4. Money is anything that make the wheels of production and distribution go ‘round.
5. Money is easy to manufacture and control.
6. Wealth takes a lot of blood, sweat, toil and tears.
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