Video + story: Sanders proposes bill to end oil speculation
Exxon Mobil CEO Rex Tillerson, who testified before a Senate committee that excessive speculation is causing a 20 to 40 percent spike in oil prices. A 20 percent spike, Sanders said, “translates into about 70 cents a gallon at the pump.”
Sanders Supports Obama on Bank Regulation, faults Fed Chairman for Inaction
WASHINGTON, January 21 – Sen. Bernie Sanders (I-Vt.) issued the following statement today after President Obama proposed tough new restrictions on the size and activities of the nation’s largest financial institutions: “President Obama’s proposal is a major step forward to limit the greed and reckless behavior of Wall Street that has caused so much damage [...]
Vermont Green Jobs Training Awarded $5 Million
The Vermont grant was among the largest awarded under the $100 million Energy Training Partnership.
Vermont Receives $5.7 Million in Emergency Dairy Payments
Sen. Bernie Sanders (I-Vt.) today announced that $5.7 million in emergency support to more than 1,000 Vermont dairy farmers has been released. The assistance, coming at a time when dairy farmers have experienced the lowest prices in 40 years, is part of a $350 million dairy assistance measure sponsored by Sanders.
Got too much milk?
Nation’s largest dairy coop floats supply management plan Vermont coops weigh programs to rein in milk supply Raw milk is a highly perishable product. Once it leaves the cow’s udder, it has to be processed into bottled milk, cheese, butter or yogurt within a few days. That fact makes dairy farmers more vulnerable to the [...]
Antitrust division to probe complaints about Dean Foods’ alleged monopolistic practices
Justice official says “competition isn’t well served when one player controls 70 percent of the market” Senators say dairy industry consolidation hurting farmers A lack of competition may allow dominant dairy processors to “exert power” and depress the price farmers receive for raw milk, according to Christine Varney, the assistant attorney general for the Antitrust [...]
Desperate times for dairy farmers
Economist: 150 farms could go out by next summer You’ve read the headlines. The dairy industry is in crisis. Milk prices have fallen to 30-year lows. Worldwide demand for cheese and powdered milk has plummeted because of the global recession. Farmers are eating into their equity to survive. But how bad is it, really? If [...]
