Maybe it's not all Vilsack's fault.--Tom
 
In a message dated 7/8/2011 6:20:06 A.M. Central Daylight Time,  
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1.What Happens to Antitrust Inquiry?
2.Why Christine Varney Left  the Justice Department:
Suckerpunched on Anti-Trust

EXTRACTS: Last  year, Varney [Obama's Anti-Trust chief] and Secretary of 
Agriculture Tom  Vilsack hosted a series of workshops around the country to 
discuss competition  and regulatory issues faced by the agriculture 
industry...  Nothing has  yet come of those hearings. 

"I was told by people they were definitely  going after Monsanto. And 
nothing has happened. She wanted to go after  Monsanto and she was stopped. 
That's my feeling. It's been two years. They  have had plenty of time to haul 
them into court."

"The people they  promised to go after and hang high are being shaken down 
to provide the  billion dollar Obama campaign fund. Varney was shut down by 
Obama's political  machine." 

"They raised our hopes and nothing happened. I feel sucker  punched."
---
---
1.What Happens to Antitrust Inquiry?
Daily  Yonder, 7 July  2011
http://www.dailyyonder.com/thursday-roundup-what-happens-antitrust-inquiry/2
011/07/07/3417

The  Obama administration's top antitrust officer, Christine Varney, is 
stepping  down after two and a half years. She will join a large Washington, 
D.C., law  firm, Cravath, Swaine & Moore. 

What does that have to do with  rural America? Plenty.

Last year, Varney and Secretary of Agriculture  Tom Vilsack hosted a series 
of workshops around the country to talk about  anti-trust problems in the 
food business. Thousands turned out for discussions  that looked at 
concentration in the seed business, among meat processors, in  the chicken industry 
and among food retailers. Nothing has yet come of those  hearings. 

"She played a high profile role in the highly publicized  
inter-departmental agriculture workshops, but so far very little has emerged  from the 
effort," said Albert Foer at the American Antitrust  Institute.

Fred Stokes of the Organization for Competitive Markets said  Vilsack and 
Varney were "totally sincere" in their intention, but that the  effort was 
stymied by the demands of the election season. "The people they  promised to 
go after and hang high are being shaken down to provide the  billion dollar 
Obama campaign fund," Stokes told Counterpunch. "Varney was  shut down by 
Obama's political machine." 

"Varney was totally sincere  when she came into office," Stokes said. "But 
she had the rug pulled out from  under her."

"It is most likely that Christine Varney is leaving in  total frustration 
with being hampered from doing from what she sincerely  intended to do – 
curbing the market abuses that are putting independent family  farmers and 
ranchers out of business and savaging rural America," Stokes said.  

"I'm from Mississippi," Stokes said. "I endured ridicule and scorn for  my 
unabashedly pro Obama administration stance and politics down here. These  
were going to be finally the folks who were going to turn things around and 
we  were going to reverse the destruction of rural America. It hasn't  
happened."

"I was told by people they were definitely going after  Monsanto," Stokes 
said. "And nothing has happened. She wanted to go after  Monsanto and she was 
stopped. That's my feeling. It's been two years. They  have had plenty of 
time to haul them into court."

"They raised our  hopes and nothing happened," Stokes said. "I feel sucker  
punched."
---
---
2.Why Christine Varney Left the Justice  Department
Suckerpunched on Anti-Trust
RUSSELL MOKHIBER
Counterpunch,  July 7 2011
http://counterpunch.org/mokhiber07072011.html

Christine  Varney is leaving the Antitrust Division.

And going to Cravath Swaine  & Moore in New York.

"There is no doubt that her tireless work  helped protect consumers and 
businesses from anti-competitive conduct and  preserved competition in 
America's economy," Attorney General Eric Holder said  yesterday.

But others were less favorable about Varney's tenure at the  Antitrust 
Division.

Albert Foer at the American Antitrust Institute  gave Varney an "I" for 
incomplete.

"Christine Varney began the process  of turning around a tanker ship that 
was going down," Foer told me. "She  pointed it in a better direction but 
with judicial winds blowing strong the  wrong way, her captaincy failed to 
accomplish all we had hoped for  it."

"The rhetoric and appointments were generally strong, but an  evaluation 
will have to wait until we know whether her conduct-oriented,  rather than 
structure-oriented, remedies in major merger cases will preserve  competition 
and we will also have to see what cases are in the works and have  not yet 
been revealed," Foer said. "The Bush Administration probably would  have let 
these mergers go through without conditions. But the problem is we  aren't 
sure her conditions will make a difference."

"She gets credit  for revoking the Bush Administration's weak document on 
monopoly, but has done  little to re-establish anti-monopoly enforcement. She 
brought several cases  that have potential to be important, but we don't 
know how they will turn out.  She oversaw a clarification and mild 
modernization of the horizontal merger  guidelines, but it is too soon to know whether 
they will have a significant  impact."

"She brought cartel cases, but so did predecessors. She played  a high 
profile role in the highly publicized inter-departmental agriculture  workshops, 
but so far very little has emerged from the effort. She apparently  played 
no role during the banking crisis. Her efforts in the international  arena 
were generally positive, though there was a tense period with the EU  over a 
merger and a tense period with the FTC that took two to tango but which  did 
not help the public image of the overall antitrust effort. All in all, the  
report card says 'incomplete.'"

Fred Stokes of the Organization for  Competitive Markets was less forgiving 
than Foer.

Last year, Varney and  Secretary of Agriculture Tom Vilsack hosted a series 
of workshops around the  country to discuss competition and regulatory 
issues faced by the agriculture  industry.

More than 4,000 attendees attended workshops in Ankeny, Iowa,  Normal, 
Alabama, Madison, Wisconsin, Fort Collins, Colorado and Washington,  D.C.

Stokes believes that Varney and Vilsack were "totally sincere"  when they 
promised action against the big agribusiness  corporations.

And he says he believes the reason they were unable to  take action – to 
fulfill their promises – was because they were shut down by  the Obama 
political machine.

"The people they promised to go after and  hang high are being shaken down 
to provide the billion dollar Obama campaign  fund," Stokes said. "Varney 
was shut down by Obama's political  machine."

"Varney was totally sincere when she came into office,"  Stokes said. "But 
she had the rug pulled out from under her."

"It is  most likely that Christine Varney is leaving in total frustration 
with being  hampered from doing from what she sincerely intended to do – 
curbing the  market abuses that are putting independent family farmers and 
ranchers out of  business and savaging rural America," Stokes said.

"When she came into  office, she was on fire," Stokes said. "She made 
pronouncements against Dean  Foods, against Monsanto, against the big meat 
packers. But she did nothing  about it."

"At the poultry workshop in Alabama last year in June 2010,  they had 
probably 50 contract poultry producers who lined up. They told about  all the 
things that were being done to them. And many of them said at the end  that it 
is likely that their contracts will be terminated."

"Christine  Varney stood up and said – here is my card with my direct 
number, if they do  anything like that, you call me. She raised so many eyebrows. 
At workshop  after workshop, she stood up for the farmers."

"But in response, they  have done nothing, absolutely nothing. They had 
five workshops across the  country. She stood up and made fiery speeches at 
every one of them. And yet  nothing has happened."

How does Stokes know that she wanted to do the  right thing but was shut 
down by the political apparatus?

"I am 77  years old," Stokes said. "I have acquired ability to judge people 
pretty good.  She and Secretary Vilsack were absolutely sincere. Some of 
the big targets  that they were after are now being shaken down for a billion 
dollar campaign  fund."

"I'm from Mississippi," Stokes said. "I endured ridicule and  scorn for my 
unabashedly pro Obama administration stance and politics down  here. These 
were going to be finally the folks who were going to turn things  around and 
we were going to reverse the destruction of rural America. It  hasn't 
happened."

"I was told by people they were definitely going  after Monsanto," Stokes 
said. "And nothing has happened. She wanted to go  after Monsanto and she was 
stopped. That's my feeling. It's been two years.  They have had plenty of 
time to haul them into court."

"They raised our  hopes and nothing happened," Stokes said. "I feel sucker  
punched."

Russell Mokhiber edits the Corporate Crime  Reporter.

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