Another volley of factually void statements from Econ 101.
Whoda thought? LOL!
Econ: "I am just pointing out how devoid they are of truth and full of SH—they are."
Keep telling yourself that because it's a lot easier than proving it isn't it? Talk is so cheap with packer blamers. You sound like Saddam claiming victory after the gulf war.
If you had anything of relevance you could take my quote and bring the facts to the contrary that prove me wrong. You won't because you can't so you resort to empty cheap talk like most packer blamers do.
The question is so easy to answer, why do you continue to skirt it??
The burden of proof falls on the accuser, not the accused.
What is your proof that Tyson manipulated the markets with captive supply in violation of the PSA?
Your answer:
OCM: "If there was any difference in price between the "captive supply" and the cash market then that is the proof required for the case."
That's the lamest excuse I have ever heard.
This week's weekly weighted average base price for formula and grid cattle could be higher or lower than next weeks cash price based on the direction of boxed beef demand. That is a fact!
Go ahead, take your shot at trying to disprove that. Perhaps you'd be more comfortable with another volley of empty statements? LOL!
To use your ridiculous argument is to believe the fat cattle price is not driven by anything other than packer whims. Periods of "packer generosity" in higher markets and period of "market manipulation" in lower markets. To believe this is to believe, as Mike Callicrate does, that cattle prices are completely arbitrary and have no relation to supply and demand. Is that what you really believe?
Perhaps you'd like to prove that there is no relation between boxed beef prices and live cattle prices? Feel bullet proof? BRING IT!
How can anyone be so naive as to believe that boxed beef prices have no impact on fat cattle prices from week to week when boxed beef prices is the first thing most progressive feeders look at in making their marketing decisions.
No wonder you resort to philisophical arguments and analogys. Good grief! If that's all I had I would stay out of the ring and save yourself from further embarrassment.
Econ 101: "It is no secret that they tried to gut the PSA and when they could not, they set up the case law scenario I have previously explained."
In judge Strom's ruling he stated that he found no evidence to support a violation of the PSA. The only "gutting" that occurred was in your conspiring mind again.
If you had facts to the contrary, you would be shouting it from the mountain tops. You have nothing so you resort to your "baffling bullsh*t" to avoid having to present the facts that you don't have to support your empty position.
Econ 101: "Your position is that there were differences in efficiencies in between the two markets and that was the reason for the difference in prices between the two but you lacked the evidence to support it with the "captive supply" contracts innards."
The evidence is that boxed beef prices can and does change weekly which pulls live cattle prices up or down.
This is so elementary. Really, you mean you didn't realize this?
I don't remember stating differences in efficiencies. One market is value based (formula and grids), one market is forward contract and based on the futures market, and the other market is the cash market.
I never mentioned anything about efficiencies of each. Another illusion you chose to create. Talk about desperate!
Econ 101: "In fact, the argument you propose, that not all of the years had the same manipulation exerted on the market due to the amount of captive supplie,s is an argument against your position, not for it."
I never stated anything about manipulation except that there was never any proof that it ever existed.
Are you so desperate at this point that you think you have to lie about my position? What a pathetic individual you are. No wonder you and Sandman get along so well. Master "illusionists". If you can't support your position with facts, create the illusion that you can.
BRING YOUR PROOF OF MARKET MANIPULATION OR QUIT WASTING MY TIME!
The burden of proof falls on you to prove ibp/Tyson guilty, not for ibp/Tyson to prove their innocense. Don't you know anything about law?
Why don't you just admit that you don't have any proof of market manipulation so you are left with nothing but creating the "ILLUSION" that it actually exists.
Econ 101: "The truth is not in you."
Talk is so cheap with a packer blamer.
You haven't proven me wrong on anything yet. NOTHING!
You couldn't be more empty handed when all you have to support your "OPINIONS" and "THEORIES" is empty statements, analogys, and philosophies.
Talk about "reaching".
~SH~