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BLACK FARMERS AREN’T TAKING THE BAIT Rejecting Trump’s bailout as structurally racist. The $12 billion runs through the same USDA systems that systematically locked Black farmers out for decades. Loan denials, delayed paperwork, acreage rules, enrollment hurdles. The discrimination is documented. A bailout depending on those same pipelines isn’t...

133,872 Aufrufe • vor 7 Monaten •via X (Twitter)

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🚨 The TRUTH about farm bailouts is OUT—and it’s worse than you think. 🚨 Over the last 8 years, the U.S. government has sent $130 BILLION in emergency aid to farmers. Sounds good, right? WRONG. The money isn’t going to farmers—it’s going straight to BIG CORPORATIONS. 💸 Here’s how it works: Farmers like Adam and Scott get a "bailout." But that money immediately goes to the corporations they owe for seeds, fertilizer, machinery—anything they need to farm. Meanwhile, the cost of those inputs has TRIPLED since the 90s. 😡 Farmers are paying WAY MORE for the same things. But the prices they get for their crops? Barely enough to cover it. They’re breaking even at best. 💔 But the mega-corporations? They’re raking in huge profits. 💰 Monsanto and Bayer merged in 2015—and no one stopped them. Now, a handful of companies control almost everything—seeds, fertilizer, machinery. Let’s break it down: Farmers might gross $500/acre. But they’re paying $490 for inputs. That’s how these companies inflate prices and squeeze farmers dry. 😤 And when farmers can’t make ends meet? These same corporations go to YOU—the taxpayer—for a bailout. 🤯 Instead of lowering prices, they’re laundering your tax dollars to keep their profits sky-high. 💸 The ag industry is a multi-billion dollar scam. The government is just letting it happen. 😡 Farmers deserve better. It’s time to fight back and take control of our food system. We the People must defend farmers, demand real reform, and break up these monopolies before they destroy the heart of American agriculture. ✊ Farmers need our support. Let's make our voices heard. 📢

Levi Leatherberry

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🇦🇷The Argentina Bailout: Who Really Benefits? The Trump administration just finalized a $20 billion financial rescue for Argentina, but critics suggest it’s really a bailout for Wall Street hedge funds. 📌 How the $20 Billion Works 🔸The package has three components: 1. A $20 billion currency-swap line, letting Argentina trade pesos for dollars to support its collapsing currency. 2. U.S. Treasury purchases of Argentine bonds, both new and existing. 3. An emergency credit line if the peso crisis deepens. Treasury Secretary Scott Bessent insists this isn’t a bailout, but the structure closely mirrors previous rescues like Mexico’s 1994 bailout. 💰The Wall Street Connection: Major U.S. investors — BlackRock, Fidelity, PIMCO, and billionaires Stan Druckenmiller and Robert Citrone, all heavy holders of Argentine debt — stand to gain the most. Citrone, a former Soros colleague of Bessent, reportedly urged intervention as Argentine bonds risked default. The deal now shields those bets with U.S. support. Sen. Elizabeth Warren and seven other Democrats have moved to block the package, warning that it privatizes profits while socializing losses — echoing 2008’s bailout dynamics. They say they are investigating whether hedge funds influenced the Treasury’s decision. 🌾 Domestic Fallout U.S. soybean farmers say the plan rewards Argentina’s export surge while undercutting their prices. Watch Breaking Points (Ryan Grim & Emily Jashinsky) break down how this bailout strengthens Wall Street and crushes U.S. farmers.

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“Today, 63 farmers will go out of business.” “Farmers are going broke.” “At the same time as … families can’t feed their kids.” “Yet across agriculture and food sectors, dominant corporations are posting record profits.” Farm Action’s Joe Maxwell delivered an urgent call to break up corporate monopolies in our food system at a roundtable hosted by Chuck Schumer. The problem is much, much worse than you think. “When I began farming in 1980, the top four beef packers controlled about 36% of the cattle.” “Today, it’s 85% of the fat cattle.” “There were 56 fertilizer companies.” “Today, there’s three dominant ones.” “They use supply chain disruptions to gouge the consumer and take advantage of the farmer.” “And these farmers will be coming here and asking for another bailout from Congress, fourth time in just a little over a year.” “Companies themselves acknowledged at the time and filings with the SEC that a large share of their pricing is not tied to their cost, but how much a farmer gets paid.” “The more bailout money you give the farmers, the more the input companies are gonna charge.” “That’s how monopoly power works.” “We also need to confront the role of commodity checkoff programs.” “These programs were created to support farmers.” “But today, a large share of mandatory farmer funds flows into marketing and policy influencing the Congress.” “They primarily benefit the processors and dominant firms.” “For more than four decades, both parties have actually allowed the sliding towards monopoly control.”

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56,678 Aufrufe • vor 4 Monaten