Big Ag Eats First: How Subsidies Skip Farmers and Feed Corporations

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So where do all those farm subsidies go that we have to pay out on regular basis? If you recall, it wasn’t too long ago, I got a little irate with Scott Besson. Scott Besson, I don’t know, one of his weekly appearances that he makes on the Sunday Talkers telling everybody that everything is awesome and great. They were talking about farmers and soybeans and issues with China.

And Scott Besson came out and said, could you know that I’m a farmer? I’m a farmer. I’m like, you’re a farmer? No, he’s not a farmer. Okay, he’s not a farmer. He owns farmland that he rents to a farmer. Okay, if you have a garden in your backyard growing some tomatoes and maybe some cucumbers and eggplant over the summer,

You are more of a farmer than Scott Besson is. So, when he came out and said that, I’m like, shut up, man. Come on. Anyway, subsidies, subsidies, farm bailouts, because, again, that’s what we’re hearing about again. China was supposed to be buying millions and millions of tons of soybeans by the end of the year. That didn’t That didn’t happen, nor that I expected to.

you take a look at the actual numbers they were gonna buy, was preposterous, quite frankly. Anyway, over the past eight years, some interesting numbers, the United States government has sent $130 billion in emergency, weee, weee, emergency aid to farmers. And again, I never.

This doesn’t make it. mean, something’s wrong with this. Food is so expensive here in this country. We all have to eat. You’re selling a product that everybody has to buy. Where’s the disconnect here? Well, the money isn’t going to farmers. It’s going to big ag. It’s going to major corporations. So, say farmer gets a bailout.

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That money immediately gets redirected to corporations that they owe for seeds, fertilizer, machinery, anything that they need to farm. The costs, those costs for the seeds, fertilizer, machinery have tripled. Those input costs have tripled since the 1990s. The things that farmers need,

they’re paying a lot more. The prices for their crops are barely enough to cover it, getting very close to breaking even. Now, the big mega-corps, they’re raking in huge profits. Monsanto, bear. They merged in 2015. No one stopped them from doing that. Only a handful of companies control almost everything, seeds, fertilizer, machinery. So,

Farmers might gross about $500 an acre. They’re paying $490 for inputs.

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Think about that for a the corporations know this. And they also know that the taxpayer will step in and bail out the farmers. Farmers can’t do it right now. People got to eat here in this country. The corporations are well aware they’re too big to fail, right? They’re too big to fail. Taxpayer’s gonna have to send more money.

So it’s not like that the corporations are going to lower their prices. They’re just going to take the bailout money. The entire agriculture industry is a complete scam. I’m saying this for some time. Be nice. You want to lower prices? You know who to target. You know who to go after. Again, break up these crazy monopolies in these areas. can’t even believe they allowed them to exist in the first place.

crying out loud. It’s talking about socialism and all this stuff. It’s pretty close to that as is. I do want remind everybody that Andrew Carnegie would have loved the government to socialize. Oh sure, want to socialize. Fantastic. We’ll be the only game in town.

How many games in town? Just a couple. Boy, that’s some power, isn’t it? Watchdog on wallstreet.com.