Monday, August 3, 2009


(click to enlarge)

There are people who will argue with a passion about the merits of the Cooperatives Working Together (CWT) program.

There is, however, one item which cannot be argued and that is the financial statement at the CWT site:

You will notice that CWT requires $3 million a year to administer. But there is also the interest payments of $4,900,000.

Together that represents all of the dimes collected on 79,000,000 hundredweight of milk. All of those dimes are the same as pouring money down a hole.

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