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Independent voices from the The Washington Times Communities
Topic - Archer Daniels Midland
The Archer Daniels Midland Company is a conglomerate based in Decatur, Illinois. ADM operates more than 270 plants worldwide, where cereal grains and oilseeds are processed into products used in food, beverage, nutraceutical, industrial and animal feed markets worldwide. - Source: Wikipedia
At least some business leaders are coming on board with President Obama's push to increase taxes on top income earners — as long as that plan also includes cuts to entitlement spending.
Consumers are more depressed about the economy than they have ever been in the past three decades, according to a Reuters-University of Michigan consumer-confidence survey released Friday. The nosedive in the national mood is most striking in the fact that only 21 percent think better times are coming in the year ahead. A rudderless administration presiding over the expansion of counterproductive leftist public policies has suffocated hope.
The Dow Jones industrial average Tuesday closed above 12,000 for the first time in 2½ years — yet another sign that the economy is extending its recovery from the recession.
We may be witnessing the single worst example of corporate welfare in a generation. With all due respect to the crowd favorite, Archer Daniels Midland, the new contender essentially could give its product away and still make a profit - thanks to the generosity of the American taxpayer.