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Thread: President Trump

  1. #3946
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    Re: President Trump

    Some farm subsidies can be stopped without the need for further review. Such as land owners paid not to produce something. That former ABC reporter Sam Donaldson receives (or used to) over $1 million a year from the USDA to not raise sheep on his private horse ranch. He admitted he was surprised by it, never asked for it, but wasn't turning it down either.

    I know a Tech grad, a fine fellow, nothing against him, who receives annual payment to not produce crops on land he inherited from an uncle and upon which the family has only ever hunted on. They had no intention of ever farming/ranching the land, and they still get paid not to.

    Just two examples of out-of-whack farm subsidies that should be ended.

  2. #3947
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    Re: President Trump

    Quote Originally Posted by johnnylightnin View Post
    40% of farm revenue this year will not come from farming.
    Quote Originally Posted by johnnylightnin View Post
    That was the 2019 number. You won’t believe it because Trump didn’t say it, but I can’t help you with that.

    https://www.bloomberg.com/news/artic...rump-trade-war
    Reading comprehension is a problem for Trump haters...

    Farming means failure sometimes due to weather. That's why they PURCHASE crop insurance. It's not free and they don't receive it unless they are making an attempt to make a crop which is part of farming. Crop insurance is no more revenue than collecting a check from insurance when your house burns down. Like I said it's not a true statement. Bloomburg is full of shit.

    Almost 40% of projected farm profit this year will come from trade aid, disaster assistance, federal subsidies and insurance payments, according to the report, based on Department of Agriculture forecasts. That’s $33 billion of a projected $88 billion in income.



  3. #3948
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    Re: President Trump

    Quote Originally Posted by PawDawg View Post
    Reading comprehension is a problem for Trump haters...

    Farming means failure sometimes due to weather. That's why they PURCHASE crop insurance. It's not free and they don't receive it unless they are making an attempt to make a crop which is part of farming. Crop insurance is no more revenue than collecting a check from insurance when your house burns down. Like I said it's not a true statement. Bloomburg is full of shit.

    Almost 40% of projected farm profit this year will come from trade aid, disaster assistance, federal subsidies and insurance payments, according to the report, based on Department of Agriculture forecasts. That’s $33 billion of a projected $88 billion in income.


    is the insurance subsidized?

  4. #3949
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    Re: President Trump

    Quote Originally Posted by johnnylightnin View Post
    40% of farm revenue this year will not come from farming.
    Quote Originally Posted by arkansasbob View Post
    is the insurance subsidized?
    No. Subsidies are not given to purchase insurance.

    Farmers pay a premium and invest in planting a crop. They only collect if certain catastrophic events occur.

  5. #3950
    2011 Pick 'Em Champion johnnylightnin has a reputation beyond reputejohnnylightnin has a reputation beyond reputejohnnylightnin has a reputation beyond reputejohnnylightnin has a reputation beyond reputejohnnylightnin has a reputation beyond reputejohnnylightnin has a reputation beyond reputejohnnylightnin has a reputation beyond reputejohnnylightnin has a reputation beyond reputejohnnylightnin has a reputation beyond reputejohnnylightnin has a reputation beyond reputejohnnylightnin has a reputation beyond repute johnnylightnin's Avatar
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    Re: President Trump

    Quote Originally Posted by PawDawg View Post
    Reading comprehension is a problem for Trump haters...

    Farming means failure sometimes due to weather. That's why they PURCHASE crop insurance. It's not free and they don't receive it unless they are making an attempt to make a crop which is part of farming. Crop insurance is no more revenue than collecting a check from insurance when your house burns down. Like I said it's not a true statement. Bloomburg is full of shit.

    Almost 40% of projected farm profit this year will come from trade aid, disaster assistance, federal subsidies and insurance payments, according to the report, based on Department of Agriculture forecasts. That’s $33 billion of a projected $88 billion in income.


    What does that have to do with anything? My initial statement was true.

    So you support farm socialism?

  6. #3951
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    Re: President Trump

    Quote Originally Posted by arkansasbob View Post
    is the insurance subsidized?
    It’s like Medicare for crops: https://en.m.wikipedia.org/wiki/Fede...ce_Corporation

  7. #3952
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    Re: President Trump

    Quote Originally Posted by PawDawg View Post
    No. Subsidies are not given to purchase insurance.

    Farmers pay a premium and invest in planting a crop. They only collect if certain catastrophic events occur.
    so the insurance payouts are funded entirely by the premiums? hint: no they are not. they are subsidized by the federal government.

  8. #3953
    Super Moderator PawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond repute PawDawg's Avatar
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    Re: President Trump

    Quote Originally Posted by arkansasbob View Post
    so the insurance payouts are funded entirely by the premiums? hint: no they are not. they are subsidized by the federal government.
    I understand how subsidies work. I also understand how the insurance works. You tell me how the insurance is subsidized. I know where you are trying to go here. It's NOT a subsidy. It's a mandate.

  9. #3954
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    Re: President Trump

    Quote Originally Posted by johnnylightnin View Post
    What does that have to do with anything? My initial statement was true.

    So you support farm socialism?
    You said farm revenue comes from insurance payments. That money (and some of the other things listed) are not revenue. You and Bloomburg think collecting a check from purchasing insurance equals revenue. You and Bloomburg state these things because you are frantically searching for another reason to hate Trump. arkansasbob thinks because the RMA oversees how crop insurance works it is a government handout to farmers.

    Neither is true.

    Socialist don't borrow hundreds of thousands of dollars to make a crop on land they own or pay for at the risk of weather taking them out. Furthermore, the banks won't loan the money without being covered by insurance.

  10. #3955
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    Re: President Trump

    Call it gross income if it makes you feel better...the point still stands.

    And, this isn’t about Trump, it’s about crying socialism when a democrat does something and patriotism when a republican does the same thing.

  11. #3956
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    Re: President Trump

    https://foreignpolicy.com/2020/02/14...atorship-test/

    For those actually paying attention.

  12. #3957
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    Re: President Trump

    Quote Originally Posted by Guisslapp View Post
    https://foreignpolicy.com/2020/02/14...atorship-test/

    For those actually paying attention.
    Fake news.

  13. #3958
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    Re: President Trump

    Quote Originally Posted by Guisslapp View Post
    https://foreignpolicy.com/2020/02/14...atorship-test/

    For those actually paying attention.
    Actually, the previous administration checked ALL of those boxes. Including using the FBI/CIA to investigate opponents (and remember how certain members of the media were investigated as well for being perceived enemies of the administration).

    Stacking the supreme court????? What kind of stupid comment is that? Perhaps he should appoint only progressive supreme court members to appease his opponents, just like no president ever did.

    This may have been the dumbest article I ever scanned. Full of BS! Only a simpleton would fall in line behind this kind of propaganda.

  14. #3959
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    Re: President Trump

    Quote Originally Posted by johnnylightnin View Post
    Call it gross income if it makes you feel better...the point still stands.

    And, this isn’t about Trump, it’s about crying socialism when a democrat does something and patriotism when a republican does the same thing.
    That's only because Repubs are patriots and dems are socialists.

  15. #3960
    Super Moderator PawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond repute PawDawg's Avatar
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    Re: President Trump

    Quote Originally Posted by johnnylightnin View Post
    Call it gross income if it makes you feel better...the point still stands.

    And, this isn’t about Trump, it’s about crying socialism when a democrat does something and patriotism when a republican does the same thing.
    No " the point" is to bash Trump with lies and propaganda. You are all in the middle of the Trump haters an have been since he beat up on your RINO favorites.

    Insurance claims of ANY flavor are not income. You conveniently forget the rules of capitalism (insurance and law of large numbers) when they don't apply to your agenda.

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