Striking down one of the last New Deal-era farm programs, the Supreme Court has sided with a California raisin grower in his decade-long legal battle over a federal raisin board's seizure of his crop to reduce supply and prop up prices.
In an 8-1 decision Monday, the court ruled that Marvin Horne must be paid in full for his crop — a decision that bolstered free markets and property rights and could potentially crimp other government regulation of business.
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June 23, 2015 6:55 AM
Congratulations the Mr Marvin Horne, thankfully Mr Horne had the capacity to bring this action all the way to this end. He will never get back what it actually cost him, but I hope he gets the expenses reimbursed that he spent to get an 8 to 1 decision This is what Big Gov and regulations...
June 23, 2015 4:26 AM
It took 80 years, but striking down Depression-era regulation of agricultural markets was overdue. "Supply management" by government to support farm prices represented elite thinking in 1935. It grew out of a belief that the Depression was brought about (in part) by over-investment by...