As Chad pointed out earlier today, the government subsidized alternative energy world is having devastating and unintentional (one would hope) consequences. Just reported in the Triangle Business Journal here, Pilgrims Pride, the Sanford chicken processor with 1,300 employees, has filed for Chapter 11 bankruptcy. The company cites as one of the contributing factors, ?the high cost of ingredients for chicken food?. They?ve already closed an 800 employee plant in Siler City earlier this year. Perhaps Pilgrims Pride can use this restructuring period to convince the left to stop inflating the cost of corn and save some North Carolina jobs.
