"Watered Cattle"

rffrydr · Posted: Mon Apr 19, 2010 11:09 am Post subject: "Watered Cattle"

Funny this should come up: for, perhaps until our modern banking/engery infrastructure failures, cattle was king of the Federal bailouts. This link I'd posted a couple years ago underscores the not-so-delicate balance between the open range, drought cycles and overlapping economic cycles; water in summer, feed in winter and the federalization of both--All built up under the cult of "rugged individualism"...right on up to Ted Turner.

http://books.google.com/books?id=Mh8eOr7qxw4C&pg=PA16&lpg=PA16&dq=cattle+texas+1880+failure&source=web&ots=96ICk_5zmZ&sig=Htix2Z26sp6X6zson_SVY9GAKvw&hl=en#v=onepage&q=cattle%20texas%201880%20failure&f=false

The Great Depression meant federal buying of one-sixth the cattle in the US (mainly in that longhorn state) after the template was established by Texas' same great cattle insolvency in the 1880's and the bank runs that ensued thereafter:

http://query.nytimes.com/mem/archive-free/pdf?_r=1&res=9E04E3DB1430E633A25755C2A9619C94669FD7CF

http://www.jstor.org/pss/3901110
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Today is the Tomorrow you worried about Yesterday!

rffrydr · Posted: Wed Sep 28, 2011 10:34 am Post subject:

Bump. One more time for Perry.
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Today is the Tomorrow you worried about Yesterday!