Skip to comments.Trawling giant shuts down, blames ( Government ) bureaucrats
Posted on 04/06/2011 12:58:11 PM PDT by Leisler
A New Bedford fishing company, one of the largest open-sea operations in the U.S., has abruptly closed its doors, claiming it can no longer operate profitably in the face of excessive fishery management regulation.
The Northern Pelagic Group, which targets herring and mackerel, has shuttered its well-known plant on Fish Island, laid off all but one of its 120 employees and tied up its two boats, the Northern Explorer and the Dona Martita.
"One of the boats is going back to the West Coast, and I don't know what's going to happen to the other one," said Eoin Rochford, NORPEL's operations manager and the only remaining employee at the facility Tuesday afternoon.
"The Department of Marine Fisheries in Massachusetts and the National Marine Fisheries Service encouraged investment in herring and mackerel," he said. "The boys put up their money and, once it was invested, they turned the tables on them."
(Excerpt) Read more at southcoasttoday.com ...
Barry Hussein’s “Hope and Change” strikes again!!!
The book “Atlas Shrugged” follows this same plotline ... Idiotic governmental regulations causing business owners to close down — or totally destroy — their businesses.
What? No more herring?
So much for being able to cut down the mightiest tree in the forest any time soon...
The Mandarins are just doing their job shutting down America one job at a time. If bureaucrats could shut down the superpower of the world known as China back 1,000 years ago they can certainly take down America. So far they’ve been pretty successful in their war against wealth creation and who knows when Americans will tire of the government sprawl before them.
the writing’s on the wall....
All is going according to the One’s plan.
Conflict between fishermen and ‘wind farms’?
-120 jobs/ $5M payroll
Dingle Barry trying to make his own little Ukraine famine?
Every farmer in America can tell you a story just like that one. As Any Rand once observed, anyone who goes into partnership with the government quickly finds out they are the junior partner.
And then the feds will fund a study to see if the fishing industry is losing jobs.
I wonder how many people in this company voted for Deval Patrick and Barry Sotero.
And another Galt.
It is really disgusting nowadays. More Grouper Troopers out there than Grouper.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.