Drought killing corn..no worries Government Insurance to the rescue

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Author: [Politics] Topic: Drought killing corn..no worries Government Insurance to the rescue
AustinHoopDream PM AustinHoopDream
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Posted: 7/27/2012 1:01:09 PM
the brutal drought in the midwest is wreaking havoc on this years corn crop. in some areas of the country the crop is already dead.

however, some farmers are just sitting back and not doing a thing. just sitting in their farm houses and watching the crop die. they could fertilize and add pesticides to at least salvage a portion of their crop, but they aren't.

why you ask? because they will make more money cashing in on their government crop insurance than they would if they salvaged a portion of their crop. that's right. they just plow the crop under and say uncle sam, give me my check...

isnt that great? we will pay more for EVERYTHING (i dont have time to educate you on how corn is at the heart of food, fuel, etc costs), then we get to pay for the farmers insurance and the farmer gets to sit on his behind the rest of the year.

more government programs please....
OakleyDoak PM OakleyDoak
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Posted: 7/27/2012 1:18:30 PM
Well,
I certainly hope the farmers' insurance pays only an average of what an annual / season yield would indeed generate. Definitely NOT more !

I know it's tough out in the fields,however that's what the farmers are choosing,weather notwithstanding.

So,if there is indeed farmers who are refusing to salvage their crops,then they need to be yanked off their John Deere's and out of their overalls.

I'm just a city boy,but I stand by this post.
captjohn67 PM captjohn67
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Posted: 7/27/2012 1:28:22 PM

the mindset that the avg farmer sits on his behind and gets rich is delusional. I feel sure there are many changes to be made for "fairness", as there are with all gov't programs, but i think you are being overly simplistic on the issue.

http://farm.ewg.org/

AustinHoopDream PM AustinHoopDream
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Posted: 7/27/2012 1:31:27 PM
i dont think they are getting rich, but many are sitting and doing nothing because it will yield more than doing something.

the american way...
wallstreetcappers PM wallstreetcappers
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Posted: 7/27/2012 1:37:04 PM
We have so much corn in our diet it is disturbing.

And yes, this "insurance" is another freebie prop for the industry, too bad it never means lower prices to the consumer.
captjohn67 PM captjohn67
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Posted: 7/27/2012 1:38:16 PM

62% of the farms received no subsidies while 10% received 75% of all the subsidies...that my friend is the American way

it's so bad they are having to try and dig deeper wells. Talk to any farmer you know nd ask him if he would want his children to follow in his footsteps and i can guarantee you what the answer will be...

OakleyDoak PM OakleyDoak
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Posted: 7/27/2012 2:40:03 PM
I've heard farmers say that they WILL NOT eat the potatoes and apples that they themselves harvest due to the chemicals applied.

Just a microcosm !  
SirJohnDrake PM SirJohnDrake
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Posted: 7/27/2012 2:45:33 PM

Good thing I'm not a corn crazed eating cobbler...lol

OakleyDoak PM OakleyDoak
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Posted: 7/27/2012 2:54:03 PM
Cobblers make warm and comfortable 'corn shoes.'
slikstiks99 PM slikstiks99
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Posted: 7/27/2012 3:01:06 PM

This is quietly one of the most corrupt and backwards industries in America. The insurance companies are making staggering profits. The top soil has been dissipating for decades. There are no incentives to plant alternative crops in stressful conditions. No foresight to prepare the fields for the next coming year.

Only America could turn a farmer into whatever this is.......

kaplan PM kaplan
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Posted: 7/29/2012 8:08:45 PM

Yea, this is one Welfare program the Republicans love. Pretty simple really, Farmers vote Republican. Kinda pisses the whole "small gov't" bullshit out the door.

And anybody who thinks farmers aren't doing great is crazy. These Guys have been making record profits for a decade while the goverment hands them money. Crazy.

 

ClubDirt PM ClubDirt
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Posted: 7/29/2012 8:22:19 PM
QUOTE Originally Posted by kaplan:

Yea, this is one Welfare program the Republicans love. Pretty simple really, Farmers vote Republican. Kinda pisses the whole "small gov't" bullshit out the door.


 



republicans love their big government, subsidies and welfare.  but it's different and "conservative" when the money goes to other groups. 
rooster010 PM rooster010
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Posted: 7/29/2012 10:21:21 PM
QUOTE Originally Posted by slikstiks99:

This is quietly one of the most corrupt and backwards industries in America. The insurance companies are making staggering profits. The top soil has been dissipating for decades. There are no incentives to plant alternative crops in stressful conditions. No foresight to prepare the fields for the next coming year.

Only America could turn a farmer into whatever this is.......





corn is in everything, and it is disgusting
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