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December 15, 2006

Busting Illegals = Higher Steak Prices?

posted by MR WAVETHEORY at 12/15/2006 12:26:00 AM

Agricultural industry experts are speculating that busting illegals could lead to higher steak prices. This is a case of pure and simple economics.

"The meatpacking industry has become dependent on an unauthorized labor force, and it is not good government to destroy an entire industry. In some way, there is going to be a meeting of the minds," said Mark Reed, a former immigration regional director who now runs his own consulting business, Border Management Strategies, in Tucson, Ariz.

The article points out that some of these companies were really asking for it.

Swift & Co. said its meatpacking plants were running at reduced levels a day after nearly 1,300 employees were arrested in a massive immigration sweep that temporarily halted operations.

For heaven's sake, did this company have any employees who were LEGAL?

I'm a big fan of cheap steak, so call me biased. Uncle - please don't ruin the holidays for me! In defense of illegals, they do work very hard. Illegals ask not how many hours they have to work, but how many hours they can work as pointed out by Jim Rogers.
Potato crusted Chilean Sea Bass with asparagus tips and tomato. A pound costs $24.99!
Our country is in desperate need of cheaper food. In case you think I'm joking, check out your local supermarket aisles. I was shopping at Whole Foods Market, Inc. (Nasdaq WFMI) and couldn't believe some of the prices I saw. Do you want to know an industry that could really use some illegals? Fishing.

Wild Salmon at Le Bernardin. A pound of wild Alaskan salmon: $18.99!
I couldn't believe my eyes when I saw a pound of chilean sea bass go for $24.99 and a pound of wild Alaskan salmon going for $18.99 a pound!

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