December 10, 2006

Today's Washington Post has a must-read front-page story on how incoming Senator Majority Leader Harry Reid conspired with dairy-farmer-supported congressmen from both parties to deregulate Nevada milk sales in exchange for changing federal regulations to destroy a dairy competitor who was undercharging the federally-created cartel. The biggest losers are, of course, consumers in the non-Nevada states, who now pay higher milk prices, and taxpayers, who spend billions subsidizing these prices.