said by hitman_001:said by pnh102:said by tmc8080:Well, now that they've gouged the hell out of the CORN crops in Rural America.. (under the fallacy that ethanol competes with Oil) they're on to Minnesota wheat, bringing record prices.. so expect to pay more for your daily bread..
Is that before or after our taxes go up to pay for more farm subsidies?
Newsflash for ya. All those "subsidies" given out that we ALL pay for in taxes.. go to feed the millions living in the metro areas. Because trust me.. Joe Farmer is more than capable of feeding himself. Hell, im with ya man! Lets cut out ALL farm subsidy! Then lets see who the first to cry is. I mean it cant be all that bad.. 10 bucks a loaf of bread and 12 bucks for a half gallon of milk vs maybe the 50 bucks extra you spend over the year in "subsidy" prolly dont seem too bad.
Some of you guys just like to support capitalism and free market when it suits your purposes. But if we took those subsidies away and let the free market rule in food? We'd watch all those farmers sit on those crops untill they made a profit on them. They wouldnt be selling for the prices they are now... Your 10 dollar loaf of bread, and 12 dollar half gallon of milk would become a reality. and they can charge what the market will bare right? well im quite sure the market for food could bare alot more than it does.. because people HAVE to eat to survive. You dont wanna get that farmer monopoly thing going, im pretty sure it would lead to alot more unhappiness

Enter subsidy... The govt realizes that starving people who cant scrape up enough "dough" for a loaf of bread and groceries for the week can lead to a pretty nasty civilization. Crime.. murder rates skyrocket as people try to feed themselves in those metro areas.. So, lets give them subsidy, allow them to make some money off the work they do because they WONT DO IT FOR FREE, damn those greedy bastard farmers who want to make a buck for all the work they do!
If this sounds ridiculously excessive.. it was meant to :P because its equally as ridiculous to sit and listen to people complain time and time again about something that was designed for THEM.
After reading this article it really saddens me the amount of hoops anyone would have to jump through to provide a service to people in this country. Its no wonder our nation is so far behind in broadband deployment. It costs more in legal fees and permits than it does to lay the infrastucture itself.
While it's true that subsidies morphed the family farm into a corporate cottage industry.. I seriously doubt that any spike in prices would last a long time particularly in food prices. Supply and demand work themselves out in due fashion precisely because the U.S. is a global unbalanced trade advocate. Unlike the OIL & gas industries, we KNOW that we won't let foreign interests hold food over our heads in the global market so, the same is also true with the domestic markets. Price regulation / subsidy are a double-edged sword for the domestic producer.. Holding out production to gouge consumers won't be tolerated the same way it is in other industries like gasoline refining to use an apt example. Corporate farmers could easily lose their shirts the way the family farms did in the 1980's and those who price gouge won't be as readily able to access subsidies/bailouts for their lack of good will.