Merchant law suit

[gustgd]

Merchant on Gormley this am
http://www.newstalk650.com/ckom-podcasts

[gustgd]

Also in open line 2:08-7:35

This guy for a bit, I was trucking lentils to Regina this am so the background noise was from the hands free.

I misspoke when I said farmers never will own assets of the CWB. That will be the next fight how will CWBII be structured so that farmers who have done business in the past have an incentive to work with them in the future. If it's a co-op I'm likely out, if I'm given shares based on past deliveries maybe I'm in?
We have to make sure the contingency fund dollars don't go to wrap up costs. Those costs have to come from the taxpayer. They are the ones who forced us to belong in the first place.

[Burbert]

Time will tell, what is gonna happen ta
this case, against the Comedian
gobermont. Whinning and snivelling
aboot, what should, er could be the
result doesn't cut it any more. We all
have opinions, good/bad aboot the
wheatie bored. Butt ifn the gobermont
owes me 1$ er 1 penny as a result of the
seizure of assets, I WANT IT BACK, THE
SOONER THE BETTER. Who gives a f@#k
about taxes, we all pay them whether wes
likes to er not. Gimmie, gimmie,
gimmie! Lean mean Comedian grain
marketeers in future will see the inside
of more and more courtrooms whether they
like it er not. After all thats what
the more prisons are being built for,
growers beware..........

[TOM4CWB]

Burbert,

How many canola, pulse, rye, flax... growers have seen the inside of a jail cell for selling to the buyer of their choice?

ZERO.

How many canola, pulse, rye, flax... growers have been charged with illegally exporting non-board grains?

ZERO.

It is truly great to see wheat, barley, and durum join the special club of grains that can be sold to the highest bidder!!!

[wilagro]

And Tom, you forgot to mention the half dozen bidders who will possibly FIX prices at the LOWEST level that they WANT to pay rather than the highest.

[Hopperbin]

Part of the claim includes damages for lost price premiums previously obtained with the selling power of the board's monopoly.


Essentially this is how he tallies up to 15 billion as the CWB's biggest argument in the past was they have no assets. He expects to only have farmers that delivered in 2011 and 2012 to be elligible. Yet the cars were and most assets were aquired many years ago. So there is some big flaws here. The CWB became famous with an unpresidented gov't payment to growers on creating of the monopoly. Looks like it will go out with another one. I should think the CWB should then also be completely dismantled and no more public money into a welfare system that never did no good anyway.

[notaredneck]

Once again Tom...high as a kite!

[Hopperbin]

Will be interesting how Merchant will twist the 62 percent of farmers that voted out the monopoly on malt and export feed barley.

[cottonpicken]

As goofy as it is,and not that i agree,if you look at the
big,big global picture a monster payment is a real
possibility.

Global politics concerning the important natural
resources is a funny thing.

[TOM4CWB]

Wilagro,

"And Tom, you forgot to mention the half dozen bidders who will possibly FIX prices at the LOWEST level that they WANT to pay rather than the highest."

Hmmmmmmmmm..... sounds exactly like what the CWB/Millers did to growers. WHAT I was just showing you... You said it... The lowest level they want to pay... not what buyers were willing to bid up the price to... to get the grain out of our bin doors or into the ground in the spring.

notaredneck... the millers were laughing at me in Winnipeg... in Feb 2008... telling me it was my job to hold their wheat... at no cost... JUST in case they ran short...when they did take our supply... they took our grain at the lower value forcing all the risk on to growers in the 'Designated Area'... at NO cost to themselves.

Sooooo...How much customer loyalty did that buy us? ZERO.

Why would they even care? The CWB had a single buying desk... and held the grain for them no matter what!!!

The millers/bakers paid US northern growers HUGE wheat premiums... and still are paying those premiums today.

HIGH? As a Kite? Who is up flying again today... in never never ... can't be possible... land; notaredneck?

You were probably one of those watching my jaw drop... as the British Miller dumped on me!!!

[stonepicker]

Good answer tom.