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TennesseeTuxedo

When Was America Great?

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Every Democrat running for president wants you to believe the federal government can solve your problems.

 

Trump understands that American spirit, ingenuity, and American exceptionalism works best when the  government gets out of the way.

 

Trump is unleashing greatness on Main Street USA.

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'Nator   
33 minutes ago, TennesseeTuxedo said:

Every Democrat running for president wants you to believe the federal government can solve your problems.

 

Trump understands that American spirit, ingenuity, and American exceptionalism works best when the  government gets out of the way.

 

Trump is unleashing greatness on Main Street USA.

He's giving handouts to farmers due to his tariff bullshit. He's a socialist. 

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ctm   

"They're Running Out Of Options" - Farm Bankruptcies Surge To 10-Year High As Trade War Bites

 

Thu, 02/07/2019

 

According to a WSJ analysis of federal data, the number of farmers filing for bankruptcy has climbed to its highest level in a decade...

 

...driven by a lasting slump in agricultural commodity prices due in large part to the rise of rival producers like Brazil and Russia.

 

Bankruptcies in three regions covering major farm states last year rose to the highest level in at least 10 years. The Seventh Circuit Court of Appeals, which includes Illinois, Indiana and Wisconsin, had double the bankruptcies in 2018 compared with 2008. In the Eighth Circuit, which includes states from North Dakota to Arkansas, bankruptcies swelled 96%. The 10th Circuit, which covers Kansas and other states, last year had 59% more bankruptcies than a decade earlier.

 

And Trump's trade wars - not just with China, but more broadly - aren't helping.

 

Trade disputes under the Trump administration with major buyers of U.S. farm goods, such as China and Mexico, have further roiled agricultural markets and pressured farmers’ incomes. Prices for soybeans and hogs plummeted after those countries retaliated against U.S. steel and aluminum tariffs by imposing duties on U.S. products like oilseeds and pork, slashing shipments to big buyers.

Low milk prices are driving dairy farmers out of business in a market that’s also struggling with retaliatory tariffs on U.S. cheese from Mexico and China. Tariffs on U.S. pork have helped contribute to a record buildup in U.S. meat supplies, leading to lower prices for beef and chicken.

 

Because of this, the level of farm debt is approaching levels last seen in the 1980s.

 

Even more shocking than the number of bankruptcies, the number of farms that continue to operate while losing money has risen to more than half of all farms, even as the level of productivity has never been higher.

 

More than half of U.S. farm households lost money farming in recent years, according to the USDA, which estimated that median farm income for U.S. farm households was negative $1,548 in 2018. Farm incomes have slid despite record productivity on American farms, because oversupply drives down commodity prices.

And bankers who lend to farms warn that there will likely be more bankruptcies to come as more producers "are running out of options."

Agricultural lenders, bankruptcy attorneys and farm advisers warn further bankruptcies are in the offing as more farmers shed assets and get deeper in debt, and banks deny the funds needed to plant a crop this spring.

 

"We are seeing producers who are running out of options," said Tim Koch, senior vice president at Omaha, Neb.-based Farm Credit Services of America, which lends to farmers and ranchers in Iowa, Nebraska, South Dakota and Wyoming.

 

https://www.zerohedge.com/news/2019-02-06/theyre-running-out-options-farm-bankruptcies-surge-10-year-high-trade-war-bites

 

 

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OILERMAN   

Angela Merkel says the postwar world order is over and calls for Europe to stand up to China, Russia, and the US

 

https://www.businessinsider.com/angela-merkel-europe-should-unite-against-china-russia-and-the-us-2019-5

 

German Chancellor Angela Merkel said in a recent interview with the German newspaper Süddeutsche Zeitung that she thinks the postwar global order built over seven decades is over — and grouped the United States with China and Russia as rivals of Europe.

 

Merkel said she thinks the rise of right-wing populism — which many scholars have cited as the force behind seismic geopolitical events like Britain's exit from the EU, the election of US President Donald Trump, and the rise of populist leaders throughout Europe — has fundamentally shifted the global order of alliances and leaves Europe and its political and economic union on the defense.

 

Less than three years ago, Germany was one of the US's closest allies, and Merkel was working harmoniously with President Barack Obama. Merkel and Obama not only shared perspectives on various foreign and economic policy issues but were close friends.

 

During his 2016 presidential campaign, Trump accused Merkel of "ruining Germany" by allowing Syrian refugees to resettle there, and he tried to smear his Democratic opponent, Hillary Clinton, by comparing her to Merkel.

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Well, she’s not wrong. But hopefully it’s just temporary as far as the US is concerned.

 

Once we kick Trump to the curb I’m sure we will go back to being a normal EU ally. But if I’m them, I would have to reconsider the idea that they can universally rely on America as an ally anymore.

Edited by Starkiller

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7 hours ago, Starkiller said:

Well, she’s not wrong. But hopefully it’s just temporary as far as the US is concerned.

 

Once we kick Trump to the curb I’m sure we will go back to being a normal EU ally. But if I’m them, I would have to reconsider the idea that they can universally rely on America as an ally anymore.

A lot depends on the next election. If we re-elect Trump I think it’s done as far as being allies, at least for a long time. 

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Rolltide   
On 5/16/2019 at 9:21 PM, Btowner said:

Right wingers always running around fear mongering about Sharia Law. I wonder if this abortion bill is more restrictive than Sharia Law. 

Start an abortion thread genius. You want all black babies to be killed in the womb. 

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'Nator   

They think America in the 1950s was at it's greatest when taxes were higher, there were more labor unions, and we were smack dab in the middle of New Deal reforms although they hate all the things I just mentioned.  

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2 hours ago, 'Nator said:

They think America in the 1950s was at it's greatest when taxes were higher, there were more labor unions, and we were smack dab in the middle of New Deal reforms although they hate all the things I just mentioned.  

Yeah, but it was also before the civil rights movement, so it was their peak America...

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