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In reply to the discussion: 'This One Here Is Gonna Kick My Butt'--Farm Belt Bankruptcies Are Soaring [View all]Wellstone ruled
(34,661 posts)24. Do follow Ag Week as well as a couple other
Farm related news sites. And yes,these Farmers are still kissing Trump's fat ass. Have to remeber,in that last Tax Give away,most of these Farmers will be paying zero Taxes. And the ones whom leveraged themselves beyond their estimated asset Values,well, they are toast. But,Chapter 12 is the latest gift that keeps on giving. Like Trump,they can use the Bankruptcy Court to discharge their FSA Guaranteed debt and do Debtor in Possession .
What this will boil down to is this,Cargill,ADM and Bunge will just control more of the Farm Economy with the loser's becoming minimum wage farm hands,much like the 1980's.
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'This One Here Is Gonna Kick My Butt'--Farm Belt Bankruptcies Are Soaring [View all]
question everything
Feb 2019
OP
Right? It makes no sense that food keeps getting more costly and farmers get less and less.
mahina
Feb 2019
#72
But they got only a small fraction of the assistance they were promised.
The Velveteen Ocelot
Feb 2019
#44
Maybe because it was the prior trade deals that caused the pricing issues to begin with?
Honeycombe8
Feb 2019
#45
Of course they're negative NOW. Their oxen are being gored at the moment. Trump was
Nay
Feb 2019
#62
Any politician willing to legislate hatred and death for LGBTQ, POC and women they will vote for
Eliot Rosewater
Feb 2019
#51
"But hey, ya know what? I still support the tainted tangerine I proudly voted for
sprinkleeninow
Feb 2019
#4
Trade disputes over agriculture add pain to low commodity prices that have been grinding down Americ
riversedge
Feb 2019
#19
Probably but not in Kansas so much. Many Counties in western Ks went 90%+ for Trump
Bengus81
Feb 2019
#34
Thank you for your input. We need more farmers who speak from personal expericne
question everything
Feb 2019
#61