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To: kiriath_jearim

Bummer - and it won’t end there. Sad to see America fall down like this.


2 posted on 04/03/2008 2:32:31 PM PDT by Chili Girl
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To: Chili Girl

hmm. those who play by the rules arent affected.


3 posted on 04/03/2008 2:34:13 PM PDT by BurbankKarl
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To: Chili Girl
It would be of interest to learn why, considering the federal supports and high price of milk and dairy products, they were unable to turn a profit??

I recall farms in trouble after the Carter years. I lived in an area where some went bankrupt or foreclosed. One of the reasons was that the US dept of Agri taught farmers how to “hedge the inflation.” - get loans on the spiraling upward inflation whereby they bought more and fancy equipment than they needed. When Reagan came in and inflation was checked, they lost their shirt (and a lot more)

The other problem according to the business community, was that quite a few farmers in trouble suffered from poor farm management skills. Two like farms, one well managed and doing well. Down the road the farmer went under - poor management, including wasteful spending - down the tubes.

I wonder if some of these farms in trouble today are following suit.

11 posted on 04/03/2008 2:49:24 PM PDT by elpadre
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To: Chili Girl; hedgetrimmer
Bummer - and it won’t end there. Sad to see America fall down like this.

Agreed, and if things like this continue along with good jobs and manufacturing jobs leaving for places offshore, America will not survive. Same say we have already "jumped the shark." We are in a world of hurt
21 posted on 04/03/2008 5:32:58 PM PDT by Nowhere Man (Is Barak HUSSEIN Obama the Anti-Christ? "Barak Ho-Tep!! Barak Ho-Tep!")
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