Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

Skip to comments.

“Farmageddon”: Trump Announces More Emergency Bailouts As U.S. Farm Debt Soars To $416 Billion
eotad ^ | 11/17/19 | Michael Snyder

Posted on 11/19/2019 4:55:55 PM PST by Roman_War_Criminal

President Trump just announced yet another round of emergency bailouts for U.S. farmers. This emergency aid will be greatly welcomed by countless struggling farmers, but a few thousand dollars won’t be nearly enough to save most of the farms that are on the verge of failing. Coming into 2019, farm debt was already at a record high and farm bankruptcies were already rising. But then crazy weather patterns made planting season a complete and utter mess, and more crazy weather patterns have turned harvest season into a major disaster. On top of everything else, the Trump administration’s trade dispute with China has greatly reduced U.S. agricultural exports and hurt prices. This has been an absolutely nightmarish year for U.S. farmers, and a series of government bailouts hasn’t done much to ease the pain.

Realizing that more emergency intervention was necessary, President Trump just announced that another round of bailouts is on the way…

U.S. President Donald Trump on Sunday welcomed a “cash” payout to American farmers before the Thanksgiving Day holiday that he attributed to China tariffs, but that money actually is part of a U.S. government aid package.

“Our great Farmers will recieve (sic) another major round of ‘cash,’ compliments of China Tariffs, prior to Thanksgiving,” he wrote on Twitter.

(Excerpt) Read more at endoftheamericandream.com ...


TOPICS: Conspiracy; Food; Government; Society
KEYWORDS: debt; farms; foodsupply; shtf
Navigation: use the links below to view more comments.
first previous 1-2021-22 last
To: beancounter13
However, we should think about the full consequences of that which we plan to do before we do it. Do we really want to be dependent on other nations for our food?

Or electronic components for our financial institutions, as well as the military?

It wasn't that long ago when the company that was to supply Amazon with system boards for their servers (the AWS systems, not just their order processing,) were compromised by the Chinese. While the design of the system boards was by an American company, the manufacturing was contracted out to a Chinese company. During testing, it was found that the manufactured boards had additional components and circuits not in the original specifications, which would send information to servers in China, and could also be used to remotely control and shut down the servers, had they not been thoroughly tested. The original component was a microchip about the size of a grain of rice. Later revisions of the board (which are created with multiple layers) had the additional components inserted within the layers inside the board, so there was no change to the board layout.

The same company was going to supply servers to Apple as well as other major IT service companies. The Chinese government/military had compromised the system to allow remote control of those servers, which could have been a disaster for any companies using them, including the DoD.

Mark

21 posted on 11/20/2019 10:35:02 AM PST by MarkL (Do I really look like a guy with a plan?)
[ Post Reply | Private Reply | To 18 | View Replies]

To: MarkL

Exactly. I think this is the undercurrent with Hauwei currently.


22 posted on 11/20/2019 7:50:30 PM PST by beancounter13
[ Post Reply | Private Reply | To 21 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-22 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

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