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Palouser
Senior Advisor

The most socialist plan yet devised.

I have tried and failed to think of a previous Congressional plan to support and prevent downturns in business revenue using subsidies for a sector of the economy than the new farm bill. It doesn't matter how well a farmer is doing and isn't restricted to only those who are struggling from weather etc. The cro revenue insurance in all its forms has no cap. And big operations will be able to use those subsidies to out-compete smaller operations on cash rent.


Maybe during wartime ther's been this kind of support. So help me think of amother small business policy that compares. I think one might not even find this in Europe.
Maybe in Japan where ag subsidies are in another world from anyone else.


Well done comrades!!! 😉
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11 Replies
Jim Meade / Iowa City
Senior Advisor

Re: The most socialist plan yet devised.

I think German and French subsidies are as bad, though they may be cast in a somewhat different form.

 

This is southern agriculture swinging it's stick.

 

I still say that agriculture would be better off splitting off from SNAP and then let's see what the country would really support.  I bet it would be much more small farmer friendly because urban Congress people might support a family farm (whatever that is) but not 5,000 acres of rice.

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Kstater85
Veteran Contributor

Re: The most socialist plan yet devised.

I have heard the new support uses prices from the last five years?   Guarantees like $800 an acre for corn?  Doesn't this change all the talk of shifting corn acres to beans?  

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425Cat
Advisor

Re: The most socialist plan yet devised.

You bet John Deere was in on the discussions. Let the games begin. Youre right Pal . I guess we don't have to take the money throws us out of the game though. Don't forget we give some of it back in taxes and keep John Deere employed. It does lift a few boats however its still money the treasury doesn't have.
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sd/pa
Frequent Contributor

Re: The most socialist plan yet devised.

Glad you brought this up Palouser. I agree with you. The subsides lead to high rents, high seed cost, high fertilizer and chem cost, and make us look protectionist and 'full of wind' when we ask other countries to open up their markets to our farmers.

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r3020
Senior Advisor

Re: The most socialist plan yet devised.

Sickening. This is why am becoming a political atheist. Voting is as big of waste of time as digging the fungus out from under your toenails. Also the fungus doesn't lie to you.

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kraft-t
Senior Advisor

Re: The most socialist plan yet devised.

If farmers don't like this dance with socialism, al they have to do is refuse to participate. That way they will be serious about their opposition.

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425Cat
Advisor

Re: The most socialist plan yet devised.

Yep I agree with you there Kraft
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crophugger
Senior Contributor

Re: The most socialist plan yet devised.

If only a guy could afford to take the risk Kraft would be great but here in the fringe to risky.

A question for the intelligent on this site. If they keep cutting back on the QE and the big money keeps leaving the stock market and starts chasing the dollar could this be negative for commodities be the opposite trade of 08 when the dollar was devalued and the big money started chasing commodities. Hope that makes sense.
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Silverwheaton
Senior Contributor

Re: The most socialist plan yet devised.

That is just a stupid comment!  Just because a person would like to see the government get out of ag doesn't mean they should not take it when it is offered.  I would love to see the Gov out of ag, but I am not going to refuse the payment just because of that convistion.  I agree with you Pal!

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