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To: Bearcatbob who wrote (420063)4/5/2011 11:37:58 AM
From: ManyMoose  Read Replies (2) | Respond to of 793955
 
I agree. My point was that Ish was a good investor, and did not make poor decisions as your post suggested, probably as sarcasm.

It probably costs the government more to process his subsidy than it is worth to him. It's the same complaint I have about government programs and all businesses that spend $25 processing the recover $5. And I even do this myself.

I recently got two checks for about $12 as part of a class action suit from a mutual fund that I formerly had an IRA in. The checks were written to The Fund and me, so my bank would not cash them. I still haven't got the money, and the company processing the class action suit says the checks have expired. I won't get it, but it's now a matter of principle with me. I told them I would contact the SEC, and I will do that. On MY schedule.

By the way, I am NOT a rich man.



To: Bearcatbob who wrote (420063)4/5/2011 12:10:33 PM
From: aladin3 Recommendations  Read Replies (3) | Respond to of 793955
 
Guys,

You don't understand farming.

I come from a family of dairy farmers. Milk quota's and land can be worth millions. It's like a NY Taxi medallion - it gets you the right to work, but no one lives like a king.

Case in point - one Uncle took over my Grandfathers farm. Easily done back in the 60's. Now the land and quota are work millions so when my cousin took it over - huge estate issues and a very large loan.

So on paper worth millions, but living on middle class wages.

There are corporate interests using subsidies in a big way, but not family farms.

John