Bad News

[burnt]

Which once again begs the question, Grassfarmer - when did you opt out of the class action?

Thank you for presenting the opportunity, once again, to clear up this question for good.

If you haven't opted out, please give us the exact date upon which you intend to do so.

Or just shut your mouth about whining for money.

Or on the other hand, surely you're not just a blathering hypocrite, are you? Bad-mouthing a quest for justice while hoping to fall into some benefits from said effort?

Please clear this question up for us, Grassfarmer.

Your participation in a subsidized price insurance program pretty well gives us the answer already.

[grassfarmer]

Come on then burnt show me how this program is
subsidized.

[burnt]

Answer the question Grassfarmer.

[ASRG]

Wait a minute.....Just because grassfarmer isn't the biggest fan of the class action law suit, does that mean we should be roasting him? What the hell....he ate the BSE loss just like everyone else?
There are lots of things I don't approve of........but I'm sure not dumb enough to not take advantage of them! How many of you guys who don't believe in public health care pull out the checkbook when you go to the doctor?
Personally I wish grassfarmer would really explain how he did this insurance deal and how he prices it out?

[burnt]

ASRG, I think you really do know better than to say that he "isn't the biggest fan of..."

If you do not see the mistake in that choice of words, just re-read this thread - pay close attention to the words he uses.

If you need more reasons for why he richly deserves to be roasted, go back and read the many times where he has belittled the efforts of others who are holding the government accountable for their actions - or lack thereof.

Grassfarmer is a classic example of someone who like to bad-mouth others for their efforts while pushing to the front of the lineup to benefit from their work.

He displays that rare admixture of arrogance and hypocrisy that makes him a nauseous, walking dichotomy.

So Grassfarmer, if you are going to continue to bash the class action, please do the right thing and delist yourself from it.

Or be content to wear your rightful label of "hypocrite".

ASRG, can I make it any clearer for you? You don't tolerate that kind of behavior from government - why would you make exceptions for one of our own?

[smcgrath76]

My understanding of the CPIP program is
that the coverage is actually created by
investing the premium in futures
contracts. This is a way to simplify
futures trading for producers on the
ground, more than what we normally think
of as an "insurance" program.

[rkaiser]

This tidbit from a conscious web site
seems to tell the story ----


"Amid all of this blaming, the last of
the comments is extremely telling:
Complexity hides increased risk.

Today’s financial system is so complex
and so abstract and so laden with layers
of intermediation that no one seems to
fully understand who is doing what to
whom. Chasing higher financial returns,
trust is lost. With the bonds of trust
broken, risk increases dangerously."

Just like every government run
bureaucratic laden program, no one
gains. Just keeps the masses from
thinking on their own. Feed the
conventional system and we will look
after you. LMAO

As for "US" people asking the government
for money all the time GF. You sound
like the ABP boys who label me a
socialist when I speak at their wine and
cheese party's. Part's where they help
the government continue to come up with
these useless programs to supposedly
help producers.

The class action is a call for
responsibility and will affect "all"
producers Iain. "All" that stay signed
up that is.

An ask from producers to have government
back a loan to build an alternative
value chain project to the current
system is also an ask for "all"
producers who want to participate.

Why would someone who believes so
wholeheartedly in a healthy alternative
beef marketing program want to
participate in the conventional system
in the first place Iain. Including the
insurance program that is certainly
subsidized at many points along the way.
Of course it is only about profit and
money for your family and I respect
that.

[grassfarmer]

You seem to think you know an awful lot about me
for someone who knows nothing about me Burnt.

I don't consider myself part of this lawsuit because I
didn't, and would never have, signed up to it. If a
lawyer decides to include every producer in the
country unless they opt out that is his choice not
mine. In reality this was likely done because they
knew if producers had to opt in to be part of the
lawsuit they wouldn't get more than 5% of the
countries producers on board which would have
weakened their bargaining power at the courthouse.

If it came down to it and there was a payout resulting
in the dim, distant future I'd decide what to do with it
then. I don't need the money, I don't feel any
entitlement to it so I'd likely donate it to a worthwhile
cause which if it were happening now would be
something like Jessica Ernst's legal costs.

Now with you being so all high and mighty Burnt and
insisting everyone do the honest thing are you going
to admit you are completely wrong on the funding of
this insurance program?

[greybeard]

GF, your like a candle in the window.
Not many out there these days.

[grassfarmer]

greybeard you'll have to explain that post to me I
have no idea what it means.