Political Quotes

“What our amendment does is, over 5 years, we reduce the quota price by roughly 30 percent, and we then eliminate the quota. How much of the cost of growing peanuts is the quota? The answer is roughly 30 percent. We reduce the support price equal to the cost the quota adds to the price of peanuts. So it is a wash. What we have done is open up the market so all these additional growers--we are talking about these little rural communities and all these poor growers. What about these growers who grow peanuts and do not have a quota? They grow peanuts, their price is $132 a ton as opposed to, if you are one of these privileged few quota holders, you get $678 a ton. So let us think about these folks who just did not happen to have a granddaddy who was at the trough 50, 60 years ago when they were handing out these quotas. Let us look at all the farmers out there working who have to buy quota seeds. To even grow additional peanuts, peanuts that do not get you this nice big price, you have to go to the quota holders and buy their peanuts at their high price so you can plant your poor peanuts, that are just as good in quality but you do not happen to have a quota.”