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Veteran Advisor
Posts: 4,221
Registered: ‎02-11-2013

Re: Excuse me, Mr. Trump

blacksands. I'm glad the economy in your area is doing well.  In this area we are not.  Very few good jobs.  I don't consider jobs

at the small hamburger place or pizza place a "good job".  

I have a hard time agreeing the economy is "good"......i'm sorry, I see major retailers going down hill....matter of fact SAMS is closing

a number of stores.....sears, kmart, and others going belly up.

yes the stock market keeps going up, but as some of the market people are saying, it's not because things are so good, there is 

401k money coming in, and it has to go somewhere, bonds and the like are horrible, and just to keep customers, they have to

plug it into the market, because of the returns and the volume.........if you look at a chart is is way oversold.......what happens

when we have a correction........people lose their money, and things going on and on.

We need trade agreements......trade agreements that benefit all industry....it is possible to write one that benefits agriculture and

labor both.......but we have to work on it together, not just stand an yell at each other.

I really have a hard time with those that think ag has had it good for a while.......yes some areas have, but if you look from texas up into

Kansas, there are many producers that have multi bad years due to drought.......while those in the corn belt holler, they don't understand

why we have crop insurance.

a old agent told me the secret to crop insurance is to protect yourself from the big loss........and actually you bet the insurance if

you don't have to collect...........you did well, not having to collect on the insurance.......I know.......the only thing we had at times

is crop insurance for income......and it ain't fun.........oh yes, you don't make money, you just make money to pay bills.

 

we are approaching a situation where things will have to change......we can't keep going the way we are.....some want "economics" to

take care of the problem.....the simple thing is, while we are the most efficient producers, we are not the lowest cost proucers...we

can not compeate with south America.....note how the trade keeps pointing to them......and these cme people, which are supposed to

be members or our country, point at the lower price, not caring a farthing if we make money or not.......my friend, you tell me I don't

consider the labor unions, you need to go talk to your cme friends what they are doing to their fellow americans.

 

if we continue, which we cant, when we are at or below cost of production....either land prices must fall.......which would be a domino

effect......if that would happen.....the level of leverage we are at now, the late 70's could be a cake walk.......and needless to say

what it would do to the general economy.

the input suppliers, have not got the message, their prices are too high......one must ask, do we need all these sales managers,

and all these pickups, and advertising, and etc.......just who do you think is paying for it ?  they are unwilling to change their

lifestyle, but we must, so we are able to buy their products.....again, you need to go talk to your friends in those industries

and tell them what they are doing to their fellow americans.

 

where does this leave us.....very good question.....the way we operate for the last few years.....rather than try to solve a problem, we

bail out...companys and industries have been doing that for the last few years......from the beer companys, to many many others.....

we just prop up the company, make the books look good, and dump it.......that is why we have very few companys owned in the

US anymore, nor factories.......we see the quick buck, that we make, and to #$%@ with the other fellow.

 

remember, agriculture is a "leader" in economics.........we keep going down......the remainder of the economy is going to be

fallowing...........and as far as we are in debt, and we fall like agriculture has........I just don't know if we can pull it off.