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Just watched a show about thoroughbred horses and what a crappy life they live. Once the horses stop making money for the trainers/owners, they are sold to someone who takes them to be auctioned for as little as $200-$500 a horse. Most of the people who buy them at the auctions take them to the slaughterhouse. In order to kill them, they use a hand held device that sends an electric shock through the horse's brain. The device (designed for cows who have bigger heads and don't move) doesn't always work because the horse moves around a lot and they miss the target. They then hang the horse upside down by one leg (while the horse is still alive at times) and slit their necks to bleed them out. Yes, this happens here too.
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