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$16 billion bail out for farmers! (Update)

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Post by NigelUno 2019-05-13, 14:57

That will buy a lot of votes.


Last edited by NigelUno on 2019-05-23, 09:43; edited 1 time in total
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Post by Floyd Robertson 2019-05-13, 15:05

Let's hope this offsets quite a few.

[tw]1127966543051153408[/tw]
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Post by Floyd Robertson 2019-05-13, 15:06

[tw]1127959133838356482[/tw]
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Post by NigelUno 2019-05-13, 15:20

Trump suggested that companies manufacturing in China could move to Vietnam (and not be subject to tariffs). I'm confused how that would create jobs in the US and improve our trade deficit.

Anyone?
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Post by Floyd Robertson 2019-05-13, 15:26

NigelUno wrote:Trump suggested that companies manufacturing in China could move to Vietnam (and not be subject to tariffs). I'm confused how that would create jobs in the US and improve our trade deficit.

Anyone?

Sounds easy building and relocating billion-dollar plants from one foreign country to another. Plus, workers in one country are just as good as another, right?
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Post by Robert J Sakimano 2019-05-13, 15:29

it's not a 'bail out' - it's hush money.

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Post by Robert J Sakimano 2019-05-13, 15:30

this is what happens when racist bigots elected a white supremacist who can't manage to run a lemonade stand..

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Post by NigelUno 2019-05-13, 15:44

Robert J Sakimano wrote:it's not a 'bail out' - it's hush money.


Might be a good time to get into the soy bean business.

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Post by Robert J Sakimano 2019-05-13, 15:46

NigelUno wrote:
Robert J Sakimano wrote:it's not a 'bail out' - it's hush money.


Might be a good time to get into the soy bean business.

the coal industry is booming in West Virginia and Kentucky.

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Post by steveschneider 2019-05-13, 17:17

Funny, I've been reading up on this Food, Inc stuff and I wonder who this $15 billion is really for. Most food production in this country is controlled by like 4 massive corporation. I bet the money is going to get routed to them.
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Post by kingstonlake 2019-05-13, 17:52

Floyd Robertson wrote:
NigelUno wrote:Trump suggested that companies manufacturing in China could move to Vietnam (and not be subject to tariffs). I'm confused how that would create jobs in the US and improve our trade deficit.

Anyone?

Sounds easy building and relocating billion-dollar plants from one foreign country to another. Plus, workers in one country are just as good as another, right?

I'm gonna go out on a limb and predict there's activity in Trumps orbit with regards to investment in Vietnam.
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Post by Floyd Robertson 2019-05-13, 18:50

steveschneider wrote:Funny, I've been reading up on this Food, Inc stuff and I wonder who this $15 billion is really for. Most food production in this country is controlled by like 4 massive corporation. I bet the money is going to get routed to them.

Link? Conagra, Monsanto...who else?
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Post by Floyd Robertson 2019-05-13, 18:51

kingstonlake wrote:
Floyd Robertson wrote:

Sounds easy building and relocating billion-dollar plants from one foreign country to another. Plus, workers in one country are just as good as another, right?

I'm gonna go out on a limb and predict there's activity in Trumps orbit with regards to investment in Vietnam.

I think you're on the right track.
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Post by Turtleneck 2019-05-13, 19:39

Floyd Robertson wrote:
steveschneider wrote:Funny, I've been reading up on this Food, Inc stuff and I wonder who this $15 billion is really for. Most food production in this country is controlled by like 4 massive corporation. I bet the money is going to get routed to them.

Link? Conagra, Monsanto...who else?

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Post by steveschneider 2019-05-14, 11:01

Floyd Robertson wrote:
steveschneider wrote:Funny, I've been reading up on this Food, Inc stuff and I wonder who this $15 billion is really for. Most food production in this country is controlled by like 4 massive corporation. I bet the money is going to get routed to them.

Link? Conagra, Monsanto...who else?

It depends on what part of the food chain you are talking about and even then it's not clear but some would argue at the seed level monsanto has a monopoly. I admit I was kind of talking out of my ass but I'm being sincere on the money part. After seeing the carrier deal go down and knowing what a con his charities were until I see that money got to the family farms my guess is he routes it to the corporate farms.
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Post by NigelUno 2019-05-23, 09:44

$16 Billion.

China's going to pay for it though.
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Post by kingstonlake 2019-05-23, 12:47

NigelUno wrote:$16 Billion.

China's going to pay for it though.

So we're literally paying farmers not to grow food.

Hard to imagine why most of his ventures go belly up.
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Post by DWags 2019-05-23, 12:50

There's good socialism and bad socialism according to Fox news i guess.
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Post by Robert J Sakimano 2019-07-26, 08:46

update on on the farmer bailout..

(if they were white surburban people = "socialism")

(if they were black people = "hand outs"...'cause, ya know.. the GOP thinks black people are lazy).

Washington (CNN)The Trump administration will begin paying $14.5 billion to farmers hurt by the US-China trade war by the end of August.

It's the second round of aid the administration will pay out as negotiations with Beijing continue past the one-year mark. Farmers received about $10 billion in aid last year.

The trade situation has "persisted longer than we expected," said Rob Johannson, chief economist at the Department of Agriculture, on a call with reporters.

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