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Beans is nice and I like Beans, I just feel like n*ggas dissing Hov is pointless and mind you, I’m very aware that I dissed Hov countless times, I dissed Hov a bunch of times. Why he ain’t never go at him before, that’s what I wanna know. “Is that what it’s come to in hip-hop? Hip-Hop is f*cking wack. “Beanie Sigel going at Jay-Z, huh,” Budden said during a live blog chat. That's some real leadership for you.Joe Budden has become the latest rapper to react toward Beanie Sigel’s unexpected Jay-Z “Average Cat” diss song and explained why going at the rap mogul is a losing battle.įrom Joey’s perspective, emcees should pay homage to the contributions Hov continues to make in the rap game. So Biden is trying to find a scapegoat and exploit a crisis at the same time. “It is pretty clear that the administration is attempting to use higher prices to justify their preexisting agenda to overturn decades of bipartisan consensus around antitrust and competition policy." “One has to ask, if, as the administration asserts, consolidation in meat and other industries has been a problem for years and it is also driving the current surge in prices, then why didn’t it drive prices higher before?” the chamber asked. The organization ripped Biden’s plan to reduce meat prices as “fundamentally misguided.” Unless you're gullible enough to believe that, the (possible) lack of competition does not seem to be the problem.īiden’s explanation did have its fair share of critics, least of which was the U.S. Is Biden suggesting a conspiracy theory that the four companies are colluding to hurt Americans - but only during Biden's presidency? Nobody complained about it during the Trump administration or the Obama administration - or even the Bush administration, for that matter. How could it not affect meat prices?Īs for blaming the four major meat companies, their market share has been roughly the same for three decades, yet it was somehow never a problem before the Biden administration needed a scapegoat. Inflation is at a 40-year high, and Biden fails to acknowledge it as a problem. This has resulted in a recent surge in prices.Īccording to the Labor Department's consumer-price index, bacon and ground beef have exploded to a 26% and 17% increase, respectively, compared to a year ago.įurthermore, Biden’s explanation for the hefty prices suffers from questionable logic. According to the Wall Street Journal, industry claims prices are higher because of inflation in the costs of production - especially costs associated with animal feed, packaging, and transport. The meat industry rejects this rationale. Small independent farmers and ranchers are being driven out of business.” “That’s what we’re seeing in poultry and those industries now. It’s exploitation,” Biden said in a virtual meeting Monday with farmers and ranchers. “Capitalism without competition isn’t capitalism. In addition to more red tape, the Biden administration seeks to pour $1 billion in loans, grants, and other training initiatives to smaller meatpacking companies to incentivize more competition in the industry. When discussing the reasons behind a seven-year record high for unleaded, the Biden administration blamed oil and gas producers.
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When a crisis occurs, the standard procedure is to blame other people and call for more government regulation.Ĭonsider Biden’s previous response to the rise of gas prices.
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This follows a pattern in the Biden administration. “These middlemen that they buy from, farmers and ranchers, and sell the processed product to grocery stores, that’s the way it works.”
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“Four big corporations control more than half the markets in beef, pork, and poultry,” Biden said on Monday. He then took the extra step of blaming a lack of competition among the country's four leading meatpacking corporations as the reason for the price increases. And, to combat the rising costs, Biden proposed more red tape and tighter regulations for meat companies - which will, of course, increase prices further. With beef prices 20% higher today than they were a year ago, Biden absolved his administration of any responsibility. Earlier this week, President Joe Biden addressed rising meat prices in the country.