How is the Stabilization payment coming?

[farmaholic]

Welome to socialism--Canada's political system.

[Hopperbin]

Obviously I stepped on the tyranisaurus's egg. This is what I have been conserned about ever since such a large flooded agreage last year. Is the program going to pay out? Its easy to figure out when doing the 2010 taxes its all in front of us if we know there is a payment or not. As for me my crops pryor were not stellar anyways so I am not part of the group getting the million dollar payments. Sometimes I wonder of the neighbours as they purchasing all this new machinery.

[Hopperbin]

And I see Parsley stepping into the altimate fighting ring with sunglasses on yelling best day ever. LOL

[farmaholic]

Hopperbin: I think we all have a basic understanding of how the Agristability program works and it's flaws. If you had a bit of a wreck this year and the past margins were decent with not too many wrecks in the past to lower the average margin, it should work. The people I am concerned for are the ones that had wrecks year after year, it makes it pretty hard to collect anything meaningful.

Once again our farm will not be below our average margin, which is fine with me, I would rather generate my income from the market. But I do hope it works for those that did have a wreck. My sympathies and good luck to those who actually need it.

[parsley]

By god I'm watching and here comes Lesnar.
This is a good day. LOL. And I betcha gregpet is
watching too.

[Hopperbin]

As to Freewheats post. I do agree with you, but on how to administer limits? Limits could be set on if a farmer has a net income over a certain amount then the payments could be clawed back. If the total farm net worth has increased to a certain extent could be clawed back. But farmers would purchase new equiptment to counter that with depreciation. A five year average of gross sales could be used as a guideline for a clawback of payment. I am all for a clawback of some sort for the bigger growers. Really it is only fair. Yet oneoff maybe we need some sort of crisis to get everyone to take the subsidy welfare hit. Its not just us farmers.

[farmaholic]

How can they penalize the large farmer, everything is relative. If a ten thousand acre farm doesn't qualify under certain circumstances, but instead it is divided into four smaller farms does that make it fair that the four farms can collectively receive the same as what the larger one would have? I am by no means a large farm either.

[Hopperbin]

Don't have an a opinion on program costs. As long as we are dealing with the gov't we have very high program costs. Perhaps a tax reduction for farmers for a replacement of all or some gov't contributions. Another Tyranisaurus egg crunched but worth stopping to look at.

[farmaholic]

Not to be argumentative but a "tax break" for someone who isn't making alot of taxable income won't be as useful as a simple payment to help make up the shortfall they are experiencing.

[gregpet]

You were right Pars, great fights tonight. Those Diaz brothers
are fun to watch.

[parsley]

Lesnar just announced he's retiring UFC forever
and farmaholic and hopper are scheming how to
get tax dollars to make ends meet. Have you
boys no sense of what's a priority? Pars

[farmaholic]

Pars: my ends always meet!!