“European cows get a subsidy of $2.50 a day. We have 3 billion people in the world who live under $2 a day.”

President of the World Bank James D. Wolfensohn said “European cows get a subsidy of $2.50 a day. We have 3 billion people in the world who live under $2 a day. Japanese cows get $7.50 a day subsidy.” Reference: James Wolfensohn: Excerpts of Christian Science Monitor Interview on Poverty and Globalization, near the end of page. Or google.

There is an international Campaign whose goal is to abolishing measures which favour dumping and in particular subsidies to export. “Dumping” is considered an incorrect practice even by economists who support free trade: it is unfair competition!

On the site campaign, you can send an email to European Commissioner for Trade, Mr. Pascal Lamy, and to italian Prime Minister Silvia Berlusconi to say “Stop dumping”

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