My experiences & those of my sons tell me the over regulation is real. Generally practiced by someone placed in that position who does not have a clue about what they are supposed to be accomplishing. I have a son in the dairy business, makes value added products from the animals that he owns. He has a degree in Dairy Manufacturing & several years of experience with over a million invested in his operation. He has a 2 streams flowing through his property, of which he has been a good steward.
Originally Posted by Henry V
I have sold his products at some Farmers Markets - Between the crap he puts up with from those who come to his farm, uninvited & without prior notice, & the health Nazi's that are employed by the various health departments, we do not have to rely on rhetoric, we have seen incompetence 1st hand. You can rest assured that they quickly realized I was not someone to trifle with, I'll give them credit for that :).
But those are the folks you have allied yourself with, does that make you wonder just a little bit? I believe the quote below to be more than realistic, can our country survive when the non producers believe they have a right to dictate to the producers.
Originally Posted by caryalsobrook
We've owned MDU for some time & added to that position in '09. The stock has treated us well with a nice dividend (7% on original purchase prices) & selling close to 3 times the entry price. There's not much to not like :cool:. They are a conservatively managed company, better that than a flameout. They are a utility, & I expect a split someday into 2 companies or more.
Originally Posted by mally
Marvin, we may have changed the subject of the thread some but sometimes it is nice to be able to vent our consterntion with dealing with the regulators. I'm sure I am not as smart as you when it comes to dealing with the regulators and besides, I don't want the agravation. So I leave it to my farmer who has a better chance of getting things done. His method in simple terms is bribary. He just carries all of them sweet corn and other perks and you would not believe how well things go when we need something done. Case in point, we had put in a soil conservation with part my money and part the tax payers' money. Three pipes involved with one only a small 6 in pvc pipe as REQUIRED by their design. The pipe blew out the first year so I called the regulators to see how the repair was to be handled. After looking at it, he immediately declared it as ordinary maintenance which I was totally responsible. Realizing my mistake, I turned it over to my farmer and left. Later he called me and said that he had a project that need to be done that I was unaware and had reached an agreement with the regulators that if I chose to do it that the cost of repairing the structure that I had asked about could be added to the new structure. Needless I told him to go ahead and do it. So he managed to get cost share for the repair and also another project which need to be done and BOTH on cost share. What a way to live. Do I have a choice, no. If other farmers get cost share then I could not compete unless I do it too. The good part is I have a farmer who knows how to bribe them and kiss up to them. I can imagine what large coorporations are able to do.
Originally Posted by Marvin S
Maybe Henry V has a business and can give us glowing reports of instances where he had dealt with the regulators and come away HAPPY that he had to deal with them.:rolleyes: