Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: PeterPrinciple

Another possibility, at even lower cost, would be to simply authorize government loan guarantees for loans to purchase seed and supplies, with a requirement that the loans be made at the lowest possible interest rates—around 2% or lower (which is feasible given that banks pay less than 1% for short-term funding today). Then commercial banks could handle the whole problem with very minimal government activity required. This is also a good justifiable way for the GOP to chop some political wood in an election year.


13 posted on 12/08/2011 10:50:34 AM PST by socialism_stinX (We need a decline of statism and a revival of individualism and personal responsibility in America.)
[ Post Reply | Private Reply | To 9 | View Replies ]


To: socialism_stinX
I repeat LORD SAVE ME FROM CONSERVATIVES like you.

You are a capitalist as long as government will rescue you and assume the risk? You keep coming back with responses, not understanding the problem or what you are saying.

Hell, Pioneer Seed will finance him at zero percent. We ALREADY have several govt programs for this and we shouldn't have them either.

17 posted on 12/08/2011 11:01:13 AM PST by PeterPrinciple ( getting closer to the truth.................)
[ Post Reply | Private Reply | To 13 | View Replies ]

To: socialism_stinX
Another possibility is to put Jon Corzine on a rack, and give control to farmers who lost their money. After he's stretched a foot he'll remember where the money went... or give up his own billions to cover the losses. Jon must have a billion or two.
25 posted on 12/08/2011 12:21:19 PM PST by PA-RIVER
[ Post Reply | Private Reply | To 13 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson