robertr
1,000+ Views

Is the 'Bacon Buy' A National Security Risk?

China's largest meat producer has purchased Smithfield Foods (known for former-spokeswoman Paula Deen) for $5 billion dollars. Shanghui International will now control about one fourth of the US pork market. The reason for the purchase is ostensibly the growing demand and stagnating supply of pork in China. But there has been speculation that the Chinese would like to dominate the US pork market and then integrate its technology into China. Eventually, they would export pork back to us and profit off of our innovations! Personally, I agree with Smithfield CEO Larry Pope, who maintains that China just wants to help mitigate its water shortages and growing appetite for meat.
8 Comments
Suggested
Recent
@blackmage could you elaborate on what you mean by 'nostradamus'
@curtisb nostradamus did.
@blackmage You are right now, but who can predict what things will look like in 20 years?
@curtisb what I mean is that there are no Chinese companies that are selling products at a high price than any other company in their respective industries.
No I haven't, do you have any examples? I was more thinking long-run
Cards you may also be interested in
Perfect Pan-Seared Steak
The basics to any perfect steak dish is a good quality, high-grade cut of beef. Ingredients: 1 bone-in or boneless rib eye steak or sirloin steak at least 1 ½ pounds, cut to at least 1 ½ inches thick Pinch of salt Freshly ground black pepper 2 teaspoons extra-virgin olive oil 3 tablespoons butter 2 peeled garlic cloves, left whole Few sprigs fresh parsley, including stems Optional: Wine and stock (chicken, beef, veal,etc.) and butter for deglazing the pan and making a delicious pan sauce Directions: 1. Salt and pepper one side of the steak. 2. Heat your seasoned cast iron skillet to smoking hot. Add oil and swirl around to coat. Add steak seasoned-side down (place it in pan away from you so you don’t get splattered), and then salt and pepper the other side of the steak. At this point do not touch it for two minutes. Using tongs (never pierce the meat with a fork), flip the steak and add butter, garlic and parsley to the pan next to the steak. Allow the steak to cook for 2 more minutes. 3. Right after you flip the steak for the first time, with a spoon or small ladle, keep basting the melted butter over the steak. Baste continually for the full two minutes (tilt pan a little if you have to, to get the butter onto the spoon). 4. After two minutes on each side, keep flipping and basting the steak each time leaving the steak for 30 seconds before turning. Test the steak with the poke test (see note below) and remove at medium rare at about the five to six minute mark of total cooking time. Cook a minute or two longer for medium to well. A thicker steak (such as a sirloin) may take longer. 5. Turn off the heat and baste one more time. Leave the steak in the pan loosely covered with foil for 10 minutes and allow to rest before cutting. Baste one more time, and remove to a cutting board. Either cut the steak in half for each serving or for a nicer presentation, slice on the bias and serve slices. 6. Discard the pan drippings or if desired, deglaze the pan with a little wine, then and stock and simmer for a few minutes to reduce the drippings. Add a tablespoon or two of butter to thicken for a nice pan sauce .
13
8
Share