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General News    H4'ed 5/15/19

Trump Tries to Win Over Midwest Farmers with Socialist Promises

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Trump proposed a massive $15 billion bailout for American farmers to bring relief from the trade war with China that the president started by imposing tariffs on Chinese goods, prompting the Chinese government to retaliate with its own tariffs, but it's not China that's paying the tariffs in the long run: it's American consumers. A tariff is a tax on goods imported into the U.S., and companies faced with that tax are just going to pass the cost on to the Americans who buy their goods. That $15 billion could ease the strain that farmers are feeling as the slump in Chinese demand is causing the price of crops to drop, but a prior $12 billion relief package  did little to takethe pressure off of them. As the Des Moines Register reports, Midwestern farmers are getting hit hard as prices for corn and soybeans plummet. 

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Early in the 2016 Primary campaign, I started a Facebook group: Bernie Sanders: Advice and Strategies to Help Him Win! As the primary season advanced, we shifted the focus to advancing Bernie's legislation in the Senate, particularly the most (more...)
 

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3 people are discussing this page, with 4 comments  Post Comment


shad williams

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Well he has finally decided to allow himself to be taken out. The globalists have the upper hand and are getting wealthier, if accumulating more fiat is wealth, by each apparently foolish act this president commits. While this diversion is underway where is the counter attack?

Submitted on Wednesday, May 15, 2019 at 4:14:02 AM

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Steven Mitchell

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Reply to shad williams:   New Content

Well said, Shad.

Submitted on Thursday, May 16, 2019 at 11:42:46 PM

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June Genis

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American consumers are also going to pay for that $15 billion in the form of taxes so its a double whammy.

Submitted on Wednesday, May 15, 2019 at 7:11:11 PM

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shad williams

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Reply to June Genis:   New Content

The corporatist who own the US and most western governments, the military industrial complex, oil and its petrodollar financial systems are widening the gulf between the haves and the rest.

I've watch the price of unleaded at Cumberland Farms in Massachusetts go from $2.32 to $2.73 per gallon in the past 30 days.


Submitted on Friday, May 17, 2019 at 5:39:55 AM

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