3 chapters across the catalog
ABC News 2008 Climate Predictions, 2015 Reality Check
The hosts play a 2008 ABC News montage that predicted dire consequences for June 2015, including $12.99 milk and $9.00 gasoline due to climate change. They compare these predictions to the actual 2015 prices of roughly $3.45 for gas and $5.00 for milk. The segment highlights the failure of alarmist environmental forecasting.
CBS News and other outlets have begun reporting on a "dairy cliff," warning that milk prices could spike to $8 per gallon if the Farm Bill is not addressed. The hosts dismiss this as a manufactured crisis designed to distract the public from the actual fiscal cliff and debt ceiling negotiations.
Israeli Milk Import Tariffs and US Dairy Crisis
President Obama signed a memorandum eliminating import levies on Israeli milk and dairy products, coinciding with a 50% drop in US milk prices. While mainstream outlets like USA Today attribute the price collapse to oversupply and falling demand, they omit the impact of the new Israeli imports. US dairy farmers are reportedly slaughtering herds as they can no longer compete with the subsidized or tariff-free foreign products.
