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Politics : American Presidential Politics and foreign affairs

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To: RMF who wrote (484)2/22/2005 1:50:58 AM
From: Peter Dierks  Read Replies (2) of 71588
 
Don't shareholders benefit from Corporations buying up and running farmland efficiently? Don't consumers benefit from free and unfettered markets?

Your post is contradictory. If the farmers' decedents want to sell then the market may be unfettered. If you invent a tax on already taxed capital to fatten the tax coffers which induces inefficiencies into the market that benefits corporations because of involuntary dissolution of otherwise viable farms, then that is not free or unfettered. It is confiscation, which is a socialist policy.

Wan't it the democrats that created most of the programs that helped family farmers. The 20's were probably the worst decade EVER for farmers and that was a republican decade. The 80's, with Reagan's insistence on unleashing Volker to sueeze every drop out of the economy with record interest rates also wasn't a big boon for farmers either, was it?

Volker was Jimmy Carter's Fed Chairman. Volker and Carter got the interest rates up over twenty percent. So yes, Democrats destroyed many farms.

Some farmers support government largess. Most just want to be left alone to compete fairly. Government largess to farmers does what welfare programs always do, it creates inefficiencies in the market and dependent welfare addicts. So if you want to take credit for that, go right ahead.
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