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Will the farmers need the next bailout?

Will the farmers need the next bailout?

Because the drop in oil will cut the demand for ethanol. Farmers have based their borrowing on an oil/ethanol boom.



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Ethanol Is an Artificial Bubble like Housing

Claim 1: Ethanol gets Big Govt subsidies. Congress injects real money and tax breaks to support the ethanol business and price points that provide direct artificial price support to corn growers.
result: Prices Artifically Higher = glut of production.

Claim 2: Even though it cost more Energy to produce Ethanol than it gives back in fuel Energy... congress still stimulates the ethanol business. (Unlike global Warming there is actual scientific debate about this claim.)
result: Mal-Investment in Energy and Farm Resources.

My Conclusion : This is a bubble spured by government that has a net negative impact on the average US person. It is just like the Housing Bubble.

Is it true that it takes more petroleum to produce corn ethanol

than is saved by mandating its use? If farmers could run all their farm and processing equipment on pure corn ethanol, could they produce enough to supply their needs? Can you manufacture the chemical fertilizers and pesticides they use with corn ethanol instead of petroleum?

Makes me think of how switching everyone to electric cars would cause a huge boost in coal burning to fire the boilers that drive the steam turbines that crank the generators to produce the extra electricity needed to recharge the batteries of all those electric cars. Coal is said to cause more air pollution than any other common energy source.

Is energy policy being driven by pure feel-good dim-wittedness or is there a darker motive behind it all? EG, does Agri-giant Archer Daniels Midland have its voracious snout in the trough by happenstance or are they being so well fed because they are an important cog in the machinery of the New World Order?

I'm afraid I am ever more inclined to look for ulterior motives to public policy advocacy. Thanks, DP, I guess!

New Hampshire and Ecuador.

Only the "corporation" farms

will get bailed out, just like nowadays it is only the large farms that get the subsidy money (which shouldn't exist anyway).

The future looks good for farmers, if any of the small family farms still exist in 5-10 years that is.

My Blog

Call your state reps and demand that a bill

Be drafted to write the farming of HEMP back into law and stop this insanity.
It is worse than stupid it is criminal to let people starve and farmers fail due to special interest. Are you guys tired of being extorted ? The only game in town is gasoline. Farmers used to raise their own hemp and it makes really good fuel. They made the stuff on their own farms. Shipped out for fuel to distributors would cost pennies per gallon " IT'S A WEED FOR GODS SAKE" and the fuel it provides is clean. Watch the video on youtube or google about Rick Simpson "Run From the Cure" and another interview he did November of 2008. Oil made from the buds of marijuana plants cures cancer guys, not only topically but internally. After you do a little research and come to the conclusions that I have you should be ready to riot. This bullshit goes on as long as we let it go on.

We’ve created an online offline 1/2 PRICED GASOLINE CO-OP get half off at the pump through my site below.
http://www.fillerupclub.com/0000/?idFriend=1582

Just one last kick in the nuts, then a final deathblow

In the future, farmers are

In the future, farmers are going to need to produce a LOT more with much less. Hopefully they can, because if they cannot it could become much more difficult for many of us.

I wouldn't be the least bit surprised if the farmers get some HUGE bailouts in the not too distant future. It'll be another crisis that'll Congress will believe they can solve by printing boatloads of money...

...

The 'farmers' have been on dole since the great depression...

and as to their decision to invest in ethanol... I can only laugh.

But yah, I think you're probably right they'll 'need' a bailout, they'll ask for a bailout and I'd wager 40 bucks that they'll get a bailout.

Starbucks, Linens 'N Things

Ahh heck, anyone can get piece of the bailout now, not just Paulson's buddies on Wall Street...

Apply for it here:
http://blogs.abcnews.com/theworldnewser/2008/11/want-some-go...

Republicae's picture

The Casinos in Vegas are in

The Casinos in Vegas are in deep trouble and they employ more people than Ford and GM combined....if our government is throwing money around then by not toss a few billion on another craps table?

http://www.1776solution.blogspot.com

I would remind you that extremism in the defense of liberty is no vice! And let me remind you also that moderation in the pursuit of justice is no virtue. Barry Goldwater

http://militantjeffersonian.com

"We are not a nation, but a union, a confederacy of equal and sovereign States" John C. Calhoun

At least we could get "free" drinks to numb the pain. :)

_________________________________________
"An economy built on fiat money is a society on its way to ashes."

_________________________________________
"An economy built on fiat money is a society on its way to ashes."

Better Odds in Vegas than DC

I have more faith that I will leave Vegas with more money than if my wallet goes to DC

I'm a struggling Florida real estate agent...

Can someone get me that ez 2 page application for some bailout money please?? Let's hear it for TRICKLE UP economics - Hooyah!

RP R3VOLution

Here you go, Tom

http://www.ustreas.gov/press/releases/reports/applicationgui...

Somewhere in hell, John Maynard Keynes is laughing maniacally and dancing a jig.

--------------------------------
"the only thing that keeps the banking system from failing is general ignorance about how the banking system works."
----------------------------

Ohio will soon be on the

Ohio will soon be on the list of states "needing" a bailout.

THE FEDERAL RESERVE - Americas OVERLORD

It does not take a majority to prevail ... but rather an irate, tireless minority, keen on setting brushfires of freedom in the minds of men.
— Samuel Adams

13 No servant can serve two masters; for either he shall hate the one, and love the other, or else he shall lean to the one, and despise the other. Ye cannot serve God and riches. - Luke 16

Yes we will

I need money for adding to me victory gardens, and I want it NOW !!!

The Newspapers are next. NY

The Newspapers are next. NY Times, Wash Post, Chicago Tribune, etc.

It's hard to cut trees and make money in a digital world

"Lead, follow, or get out of the way."
-- Thomas Paine

The warriors are already on the front lines !

"What Permaculturalists are doing is the most important activity that any group is doing on the planet"
Dr. David Suzuki
And never forget, “Humans, despite our artistic pretensions, our sophistication and many accomplishments, owe the fact of our existence to a six-inch layer of topsoil and the fact that it rains.”

And never forget, “Humans, despite our artistic pretensions, our sophistication and many accomplishments, owe the fact of our existence to a six-inch layer of topsoil and the fact that it rains.”

Don't they get paid enough not to grow stuff already?

I may just go into farming, actually. I just have to figure out what I don't want to grow, and then apply for my subsidy.

- -
Get your own "Ron Paul for Treasury Secretary" sticker, designed by AlaskaRon, today!
http://www.cafepress.com/thirdparty08

RP2012!

grow

some good alaskan pot...and then say you don't...then mail it all my way.

LOL

- -
Get your own "Ron Paul for Treasury Secretary" sticker, designed by AlaskaRon, today!
http://www.cafepress.com/thirdparty08

RP2012!

I disagree.

Agriculture is going to be making money, ethanol or no ethanol. There's an increasing spike in food prices.

Wheat brings in a lot of money now, and it isn't even used in biofuels.

SUPPORT OUR FOUNDERS' AMERICA
Support the Constitution of the United States

SUPPORT OUR FOUNDERS' AMERICA
Support the Constitution of the United States

They'll get it

if the farmers you are talking about are named Monsanto or ADM. Otherwise, don't hold your breath.

Somewhere in hell, John Maynard Keynes is laughing maniacally and dancing a jig.

--------------------------------
"the only thing that keeps the banking system from failing is general ignorance about how the banking system works."
----------------------------

Naw , Willie will sing for their money!

HYDROMAN

It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people that pay no price for being wrong.
Thomas Sowell

I would vote for that bail-out!

I can't belive where we are at! Talking about another bail-out when Paulson pulled his bait and switch game today. When bloomberg filed a lawsuit demanding the transparancy that is required of law and of thier own committment. Talking about the auto manufacturing tonight on CNN a representative out of Alabama (R) said if they do this he would expect the people to rise up and kick them all out (my paraphrase, but the jist).

And why the fk are we talking to Saudi's about money.... look up New York Times on Assistant Secretary of Treasury seeking Sheriah financing on Nov 4 and Secretary of Treasury co sponsoring a 1/2 day seminar with Harvard on Islamic Financing 101 on Nov 6 - we are so screwed.

!!!Truth is treason in the EMPIRE OF LIES!!!

" Single acts of tyranny may be ascribed to the accidental opinion of they day; but a series of oppresssions...pursued unalterably, through every change of ministers, too plainly proove delibrate, systematical plan of reducing us to slavery..."
Tho

Um, are you serious?

You would vote for a farmer bailout?

Have not free-market economists already extensively shown that "bailouts" actually just exacerbate the problem?

Secondly, without resorting to stealing, how would you go about funding this bailout?

God no! It was so tongue in cheek - thought that would be clear

considering my complete post....
sorry!
!!!Truth is treason in the EMPIRE OF LIES!!!

" Single acts of tyranny may be ascribed to the accidental opinion of they day; but a series of oppresssions...pursued unalterably, through every change of ministers, too plainly proove delibrate, systematical plan of reducing us to slavery..."
Tho