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Obama to Allow WTO to Bankrupt American Meat Idustry

Anonymous Coward
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04/14/2013 08:48 AM
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Obama to Allow WTO to Bankrupt American Meat Idustry
Chalk up another industry taken down...He is making quite a list.

Meat packers say Obama administration labeling rules will cripple industry

In formal comments filed Wednesday, the American Meat Institute argued that the proposed rule is unlikely to satisfy the WTO.

“If the existing mandatory country of origin labeling (COOL) rules are amended as provided by the proposal there is a virtual certainty that several meat packing establishments will ultimately close because of the costs they will be forced to incur in order to implement the proposal’s requirements,” the institute argued. “In effect, the agency is picking winners and losers in the marketplace in order to provide information to consumers that recent research shows they care little about and do not wish to pay for.”

Read More Here... [link to thehill.com]