BSMS, that just made my day.

Thank you for posting that link, I hadn't heard anything about it either.
I am on the wagon with the majority that have already posted. If given the choice, I would much rather see horses slaughtered here in the US, where there will be rules and regulations monitoring to ensure that they are slaughtered humanely and treated as well as possible on their way to the slaughterhouse rather than have them trucked for hundreds or thousands of miles to Canada or Mexico (in Mexico, there are virtually no regulations on how they are slaughtered and most of the stomach turning, horrendous videos you see on youboob are from Mexican slaughterhouses). Others are turned loose on public lands and/or left to starve in their own paddocks because the owners cannot afford to feed them and nobody will buy them.
I'm tired of seeing good, well trained horses go for $100-$200 at auction. Rescues are full and overflowing, most horse owners own as many as they can afford to and simply cannot take in every single charity case that can be seen by the hundreds on Craigslist. There are horses out there that simply don't have a lot in life because they are lame or untrainable or have been so screwed up by previous "trainers" that they are dangerous.
Because the market for crap horses is so overflowed by crappy backyard breeders, the market for average horses (which is exactly what most people need) has gone in the bucket because buyers can't reason spending $1500-$2000 on a horse that is actually broke instead of picking up a yearling from the breeder down the road for $50 and training it themselves. BTW, most yearlings that go to that type of buyer are the same ones being sold on CL or at auction 2 years later as ruined or dangerous. Therefore, the people with broke horses have a hard time selling and have to lower their prices or keep the horse...either way puts them in a bind.
I am not a heartless person, I truly wish there was no need for slaughter. However, I am also a sensible person and can look at the market with objective eyes. Slaughter is a necessary evil and I hope to see the horse market leveling back out in the next couple of years.