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CharlesDarwin@lemmy.world to politics @lemmy.worldEnglish · 3 days ago

Trump considers massive bailout of at least $10 billion for American farmers hurt by his trade war | CNN Business

www.cnn.com

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Trump considers massive bailout of at least $10 billion for American farmers hurt by his trade war | CNN Business

www.cnn.com

CharlesDarwin@lemmy.world to politics @lemmy.worldEnglish · 3 days ago
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American farmers are having a tough year, in no small part because of President Donald Trump’s trade war. Now, the White House is gearing up to extend them a multi-billion-dollar bailout, sources tell CNN.
  • Gammelfisch@lemmy.world
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    3 days ago

    While the MAGAt fucks continue to cry about SOCIALISM.

    • JasonDJ@lemmy.zip
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      3 days ago

      Don’t worry 90% of it will go to Cargill, ADM, Tyson, Smithfield, John Deere, and Bayer/Monsanto.

      All the remaining small farms will fight over the scraps and then get bought out by one of the first four, depending on what they farm…or be entirely under the thumb of the other two.

      • AlecSadler@lemmy.blahaj.zone
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        3 days ago

        That was really the idea all along. Consolidation of wealth and power.

        • JasonDJ@lemmy.zip
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          3 days ago

          I’m guessing most farmers will be allowed to stay in their homes and manage their fields while the big ag companies take all their yield and pay out a meager salary.

          They’ll call it “franchise farming” or something catchy, but it’s really gonna be Indentured Servants 2.0.

          • _core@sh.itjust.works
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            2 days ago

            JD Vance has investments in companies that buy out farms from farmers. He says the farms will continue to be run by experts (ie the farmers he bought the farms from)

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              2 days ago

              AcreTrader is the company

          • BarneyPiccolo@lemmy.today
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            2 days ago

            Corporate Sharecropping

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            2 days ago

            deleted by creator

          • PalmTreeIsBestTree@lemmy.world
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            2 days ago

            deleted by creator

            • veni_vedi_veni@lemmy.world
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              2 days ago

              You know which single individual owns the most farmland in the US? Bill Gates

      • Gammelfisch@lemmy.world
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        2 days ago

        Indeed! +1 They’re circling like vultures while their lobbyists work the politicians.

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