What's a farm program got to do with eating. Farmers keep claiming that farming is a business. So there should be no farm programs other than the same tax write offs enjoyed by other businesses. If a farmer fails because those programs get shut off then so be it. Another farmer who is making a profit will pick up the slack.
Frank: Crop insurance is subsidized because insurance companies know that almost every year in one area or another there are going to be massive losses. Eventually every farmer is going to have a loss. That drives up the cost of the insurance to the point hat a lot of farmers wouldn't be able to afford it or it would deprive them of any profit. While I don't like subsidies some private citizens get those subsidies too. Like SNAP (food stamps) and so on or federally subsidized flood insurance.
Gotta remember that the insurance company is gambling that they won't have to pay out much in losses. That helps keep rates in check. When you can expect to pay out to customers 100% over say a 10 year period that just isn't sustainable for an insurance company unless the rates are outrageous.
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Today's Featured Article - My Ford Golden Jubilee - by Troy Estes. This article is about my '53 Ford Jubilee and a story that starts with taking the tractor to my brother's Starter/Alternator Rebuilding shop for a wiring fix. The generator was shot as well as all the wiring. I dropped off the tractor expecting a transformation from a 6 volt to a 12 volt system utilizing the original generator housing, and a total rewiring of the whole tractor. The front end center pin bushing was worn also so I ask that they replace it if they had time. Well, that�s wha
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