I want to thank the ranking member from California (Mr. Farr) for his hard work and Mr. Kingston, the chairman from Georgia, for bringing this bill before us today. And I am really sorry I can't support it. At a time of such instability in the American economy, this committee bill simply further destabilizes one of the most productive sectors of the American economy, agriculture, further, it hurts all Americans who depend on the Department of Agriculture for nutritional support during these hard times that we are experiencing. This legislation has some of the most destructive sections in it that eliminate, for all practical purposes, the Rural Energy for America Program, that was supposed to take America into a new energy future. It takes the cops off the beat at the Commodity Futures Trading Commission to hold Wall Street accountable and clamp down on speculation. We all know that hasn't been happening. {time} 1500 The drastic decrease in the nutrition and commodity supplemental food programs hurt people across this country and with decreases in the WIC program, children will be harmed. They can't speak for themselves here. As well, there is a dangerous directive included in the bill that would further erode the minimal competition in the meat industry in which real competition hardly exists at all. We must defend our farmers and ranchers to be treated on an equal par with the big packers and processors through the grain inspection, packer, and stockyards agency.…
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