Ag Ministers Seal Your Doom

[perfecho]

The FCC, etc., were set up because farmers couldn’t get money in the real world.....their cash flow would not support it.

[Choice2U]

I agree with you but still don't understand how it results in a cheap food policy?

[perfecho]

Virtually a subsidy....if the real markets were allowed; there would be many who could not operate, eventually causing a rise in prices.
One I personally dealt with and the Nexen bid reminded me of it, I am not allowed to sell my land to a developer if it has been designated as good farm land. If we truly had a "market" system, I should be able to sell to the highest bidder, or at least have the same amount of dollars in lieu of, however that is not the case. Farmland is protected, decreasing the value in comparison to development land or rec land. Realistically, if food was that important or valuable, it should command a higher value, and be allowed to compete. That is not the case; we have to protect it.....a policy.
(PS, I am not in favor of not being in control of our natural resources, Nexen just reminded me.)

[perfecho]

Should read...I am in favor of being in control of our own natural resource...

[perfecho]

2U...govs would rather subsidize lending institutions, insurance structures so as to keep food costs down. Can you imagine the outrage if food cost went back to 25% of the income, as it was in the 60's from the current 10%. Countries have had riots when these costs got out of hand. Direct subsidies go against all the free trade deals, so there has to be another way. Good Heavens, the feds lowered interest rates to stimulate the equities a while back…(I am sure with lots of Private lobbying) and look where that got us. I remember it well because I felt sorry for the retirees that had saved their money, put it in banks for safety and gov policy stimulates the equity market…not the market….good f’n grief. There is a group of financial wizards that want/need society to have lots of extra cash, to buy investments, toys, manufactured goods, etc.
One meeting in particular, a rather high ranking fed based in agriculture had referred to the "low food cost policy"...when I questioned him, he somewhat smearked and said...."not officially."

[sumdumguy]

Aida, Cais, AgriStability made a lot of
accountants rich, especially the ones who knew
how to work the program.