Agriculture Secretary Sonny Perdue Outlines Trade Reset and Farm Bridge-Subsidy…

Agriculture Secretary Sonny Perdue appears on Mornings With Maria to discuss the $12 billion bridge-aid for farmers during the ongoing trade negotiations; and concerns over the impact of tariffs.  [Expanded Backstory Here]

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Not surprisingly Secretary Perdue notes the U.S. and Mexico are close to a deal within the agriculture sector. Mexican President-elect Lopez Obrador (AMLO) campaigned heavily on correcting the same BIG-AG multinational trade issues that President Trump is confronting.

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This entry was posted in Big Government, Economy, European Union, Legislation, media bias, President Trump, Trade Deal, Uncategorized, US dept of agriculture, US Treasury, USA. Bookmark the permalink.

101 Responses to Agriculture Secretary Sonny Perdue Outlines Trade Reset and Farm Bridge-Subsidy…

  1. Tim Glave says:

    About farming. How does Senator Jon Tester, a small school music teacher and farmer who in a NY Times article that says he has only made twenty thousand a year for the last decade become worth over 4 million?

    Liked by 22 people

    • Tim Glave says:

      I meant to say 20 thousand per year from his farm.

      Liked by 5 people

      • It’s in the special dirt, called who you know dirt. How dirty do you want to get? Sleeping with the Mistress of the seed banks and growing political shell games, speeds the process along.

        Liked by 7 people

      • booger71 says:

        Hobby farm has the same write-offs as someone who is actually trying to make a living at farming.

        Liked by 5 people

      • Stab, the unstoppable hero says:

        I suppose that it’s pretty obvious to everyone by now that Donald Trump has pretty much exposed the Senate for what it is. They are the group that lets the highest bidder rape our country. Some of them may occasionally consider what MIGHT be best for the American citizen but that is the exception, not the rule. The Trump administration has ripped the curtain aside. Only with THIS President in office will we EVER get a chance to institute TERM LIMITS on traitors who turn their thumbs down on what is best for the country.

        Liked by 9 people

        • jmclever says:

          Only every two years when they are up for election

          Like

        • cozette says:

          Term limits are called elections. If we constantly have new reps then the Congressional bureaucrats and lobbyists have even more sway. Newbies may have passion but they do not have maze briloiance or cunning that comes with time. For instance, I love Senator Grassley. Would you really want him replaced?

          Liked by 1 person

          • Clarissa says:

            Michigan has term limits at the state level, indeed we have for many years now. It didn’t seem to make any difference at all toward positive change, sorry to say. Indeed, lobbyists seem to have even more sway than before – and those lifetime benefits that accrue to an officeholder are now accruing to a much larger pool of ex-legislators. Term limits are oversold and half-baked.

            Liked by 1 person

      • MfM says:

        A lot of ‘money’ can come out of a farm without it being actual cash. Raise some beef, you sell some… but you have a bunch for your family. Same with many things.

        You also can put money into improvements that take years to pay off.

        Like

        • CirclinTheDrain says:

          Yes. Additionally, it could be that the farm, over these many years, has jumped in value, thus the land, not the farm operation, is what is worth $4m. I know around my way in SE PA, if you had 100 acres, you could sell each acre for a minimum $100,000 for development, as there is little open space in my area and it’s very close to Philadelphia and thus a very easy commute to downtown. You do the math.

          Not that he might not be corrupt, but I’ll give him the benefit of the doubt until I hear otherwise.

          Like

    • Cuppa Covfefe says:

      He certainly didn’t make it from teaching music… Studio performer probably could, but not a music ed person…

      Liked by 1 person

    • mikebrezzze says:

      Maybe he’s “farming” uranium and has a contact with crooked ass Hillary

      Liked by 1 person

    • litenmaus says:

      How does Senator Jon Tester….. become worth over 4 million? – Tester whores himself out to the Tom Steyer lobby/power faction.

      Liked by 2 people

    • Jake says:

      Lots of farmers are land rich and cash poor….. Don’t know his situation but that could explain it. Or, he’s insider trading like the rest of them…

      Liked by 2 people

    • Carrie2 says:

      Tim Glave, and Juncker has agreed with Trump’s trading ideas and the EU will now be purchasing gas, etc. from the USA. Who cares about the Flake and associates who are leaving Congress, thank God. Always negative and against our President and claims to be a republican? Hmm? They just don’t get it that Trump is not a politician making himself richer and ignoring us, but a man of the people working for the people and all to MAGA. Most in Congress are power hungry and greedy. Personally I think we need to advise Congress that NO MORE LIFE BENEFITS FROM THIS DAY FORWARD as why should we support them high on the hog for so little work and less representation of us and only 133 days of work?? a year. That is our money and we did not vote nor authorize this “goodie” and so we must get it repealed and removed asap. All they do is spend our taxes wastefully and helped Obama move our national debt up to almost 20 trillion. Enough of this garbage! You either represent us and what we want and DECIDE and not play games such as Ryan, McConnell, Schumer, Pelosi, etc. No more re-election of these robber barons!

      Liked by 1 person

      • Tim Glave says:

        Thank you Carrie2. I agree. I called my nobody ever heard of congressman Rob Wittman’s office in DC today after reading Paul Ryan said that Rs are running on his nobody ever of better way program. I asked his aide if Wittman was supporting our President’s MAGA program or Ryan’s better way program. He literally told me he didn’t know and Wittman would get back to me on that. So I say we start a new thing today. # NO WAY GO AWAY BETTER WAY

        Liked by 1 person

        • Jan says:

          Sen. Corey Gardner’s only claim to fame for Colorado is to act on the benefit of our marijuana industry and meet with Pres. Trump to ask the DOJ/DEA not to enforce the laws against the marijuana industry. Otherwise, his support for the Pres. is practically nil, even though he’s a “Republican”. Of course, Corey supports illegals, no Wall, no borders & doesn’t support getting at the bottom of what our previous President did to this country and the coup against this President. Your typical Senator with DC & California values!!

          Like

    • It was the family farm so he inherited. It’s a wheat farm and he runs a lot of ads showing him in a tractor, you know, just like regular folk. I don’t think he raises cattle unless it’s a small herd for personal use. They probably buy already cut and wrapped from a rancher in the area.

      Like

      • Tim Glave says:

        Looking at pictures of his farm leads me to believe that somebody doesn’t know how to operate farm equipment. Almost every one of his grain tanks were smashed. Helluva farmer. Lol

        Like

    • Bill says:

      Cattle Futures???? (Ala Hillary…)

      Like

    • We All know The Answer To that !!

      Like

    • Jakku says:

      He does make 400k a year for being a Senator. I’m guessing some assets are on credit. His comment btw is very telling. He knows he is going to lose and he is trying to sell off everything.

      Like

  2. TreeClimber says:

    Am I the only one who finds it surreal that currently our best ally (excepting Israel, although who could blame them if they threw us under the bus at this point,) is an avowed raging Communist? Or do I just not know my history well enough?

    Liked by 1 person

    • scott467 says:

      “Am I the only one who finds it surreal that currently our best ally (excepting Israel, although who could blame them if they threw us under the bus at this point,)”

      _______________

      Who are you referring to, Mexico?

      Certainly not our best ally, by any stretch. And the word “ally” is not really adequate anymore, because the PEOPLE of the nations of our usual allies are STILL our allies, but the corrupt GOVERNMENTS of our usual allies are now the enemy of all mankind.

      So it’s complicated, a little.

      UK government? Enemy. Not just the enemy of America, not just the enemy of their OWN people, but they are the enemy of Mankind. This true for all of them, because they are all working together toward the same globalist objective. Australian government? Enemy. Canadian government? Enemy. German government? Enemy. French government? Enemy. New Zealand government? Probably enemy. South Korean government? Probably enemy. They are all Globalist puppets after the Hussein mold.

      Chinese government? ENEMY. Bigly.

      New leader of Italy? Maybe an ally. Japan government? Apparently an ally. Israel government? Who knows, I can’t figure out anymore what Israel is and what it isn’t, or who’s side they’re on, or what they’re doing, or why. We have much in common with Israel, with the PEOPLE of Israel. There is so much disinformation about the government I cannot figure out what’s true or false.

      Russian government? Competitor, potential ally on mutual objectives. I don’t think Putin is part of the anti-human ‘new world order’ Globalist crime syndicate. Putin is a nationalist who supports and defends Russian culture and Christian beliefs against the islamic barbarian hordes, which makes Putin an enemy to all of the Treason-puppets who lead the government of our ‘usual’ allies.

      Eastern European countries like Poland, Hungary, Checkoslovakia, et al? Allies. They are nationalists who recognize the corruption of the governments of ALL Western European criminal oligarchies and the creation and use of the islamic invasion to overthrow their own people.

      The leadership of the nations of Western Europe, and all of those who have encouraged the islamic invasions of their own homelands, should be swinging like Mussolini.

      If there is a higher Treason they could commit against their own people and the nations they lead, what could it possibly be?

      Liked by 3 people

      • cozette says:

        Israel is just as self interested as any other country and has just as big a Swamp as we do. No country is truly our friend although by nature and history Russia and America are like historical siblings with America being the muuuuuch younger and less civilized brother.

        Like

        • ukibob22 says:

          Russia is 40 years older then USA. Tzar Peter renamed Moscovija into Russia and has stolen the Name from Ukraine who is the original “Rus”. Thats why the capital of Rus was Kyiv and the coat of arms of “Rus” was the trident.

          Like

      • TreeClimber says:

        I meant AMLO, specifically.

        Like

      • ukibob22 says:

        Putin is not a nationalist and he does not defend Russian Culture and especially not Christian beliefs – he would easily promote Stalin as a Christian Saint just for pushing his agenda of russian nationalism (that is always expansive and ends in killing non russians).

        Stop watching state owned RT. That’s a propaganda tool do submerge right wingers to pro Putin guys.

        Putin is a KGB operative who worked for the state since 1975. The KGB funded and supported all the left wing policies you are having now in the US and the EU. Anti Patriotism, Feminism, Political Correctness, anti Nuclear Plants, anti Vietnam and so on.

        If he would love his country, he would fight against corproism and corruption. But the opposit is happens. The russian powers killed everybody who was AGAINST corruption. Why are you ignoring this?

        Eastern European countries are facing three Problems:

        1. West european leftism and autoracism
        2. Russian Imperialism that swallowed parts of Georgia and Ukraine – thugs are all over east europe beating and killing anti-russian politicians
        3. naive US people who are unable to imagine that Putin wo magically started to have 200 Billion Dollar in the 90ies and 00er is doing stupid propaganda while doing the opposite.

        Just look the RT (haha…) documentation about Islam in Moscow. They build the biggest Mosque in Europe there. They have a masive growing islamist problem AND the fertility rate of russians is heavily bad.

        Russia is not great. And the “Moscow Orthodox Church” is just a KGB tool. All of the Popes there are rich guys who worked for the millitary back in then 90es running around with Rolex. The Orthodox Church was converted into KGB in 1920 by Lenin.

        Why do you don’t know that? 50% of your problems in US are from this blind spot. “Antifa” is an old Group, we had this group in the 90ies in Germany they where funded from east-germany who was completly under sowjet control.

        Germany is completly dependend on russian gas. Russia tells them what to do. That’s why Merkel opened the border. She obeyed. She is a leftist agent, was never conservative or christian. She learned in East germany in Leipzig her propaganda techniques while Putin was stationed in Dresden some 100 miles away. They knew each other.

        And here is a video series made by a romanian who KNOWS what is happening in Russia and east europe. Because he lives there. And he knows the stupid and booring propaganda from Russia:

        “Russia is not great”


        There was NEVER an anti-sowjetunion campaign in Russia. The people are still in power. There was NEVER a anti-sowjetuion Nurnberg Tribunal in Russia.
        Nobody got money for the horrors they lived through. Millions are still suffering from horrible PTSD beacuse of NKWD/KGB/whoever Terror for about 90 years.

        In German we have a saying: “God, throw brains from the heaven!”

        Like

  3. roger duroid says:

    $12B in a bridge loan, what accounting trick provides that and where does that come from? If we can find $12B without congressional approval, why not $20B for the urgently needed wall for national defense?

    Liked by 8 people

  4. litlbit2 says:

    Game on. USA lost $817,000,000,000. POTUS ask the minorities, Hispanics, the forgotten man in 2015 through 2016. It is not that the Swamp don’t get it, they know it. Hoping if the tell themselves with the propaganda of the corrupt MSM the folks will come around to keeping the status quo.

    “What have you got to lose?” “Ain’t gonna happen anymore”

    My Personal President, the best vote I ever cast verified by the growing Trump Train.

    Thank you Lord.

    Liked by 20 people

  5. prettyplease says:

    Donald J. Trump : The People’s President

    Liked by 13 people

  6. Mncpo(ret) says:

    I have many friends who farm in Minnesota. They totally support this. At present, they are tied to huge Agro companies and have to sell for what Agro prices at. It’s almost like tenant farming. They’re all potato farmers, believe it or not, and the Agros sell to Hardees and McDonalds mostly

    Liked by 17 people

    • Alison says:

      Same in southern Michigan, my birth state. Huge swaths of beautiful hardwood forests have been cleared for corporate farming. Even the iconic farmhouses and barns are disappearing, and conglomerate-type warehouses being built to house the big machinery which goes from corporate field to corporate field.

      It’s the rural version of “pave paradise & put up a parking lot”.

      Liked by 20 people

      • Rhoda R says:

        I believe that huge Big Agra/Corporate Farming is the real target of this new proposal. I’ve also read that the incoming President of Mexico has them in his sights as well. Both Presidents, acting together, can do a lot to take farming away from the globalists and put it back in the hands of farmers. If they succeed in that it is entirely possible that a lot of the illegal border hopping from Mexico will disappear.

        Liked by 2 people

    • Carrie2 says:

      Mncpo(sret) which is another reason that I think we must encourage conglomerates to stop buying up small businesses and if not, then we go and make sure they start relieving and allowing those businesses to be back in business. Think Agro companies, Google, Amazon, etc. Tired of these international companies owning our soil and people!

      Like

  7. prettyplease says:

    Sundance did an excellent precis of the agriculture dilemma. I hope more people read it and pass it on to counteract the blather in the press bashing Trump. Maybe global warming is man-made. If the politicians and endless media would just shut up, I wonder how much hot air and carbon dioxide would diminish on the planet.

    Liked by 10 people

    • Eastender says:

      Thanks for recommending the piece Sundance wrote on this subject.
      As always he nailed it beautifully and explained it in clearly logical terms. A really good read. Thanks again and Thank you Sundance. I am so glad I re grabbed a limb in your treehouse! Without the articles and the related comments, I’d be totally at sea.

      Liked by 2 people

  8. wjb105 says:

    US should protect its farmers according to the demand = supply principle. Just like Canada and the EU. That’s best for the family farm. Excess supply (planned and regulated) can be sold (or dumped) on the world market.

    Liked by 1 person

    • Carrie2 says:

      wjb105, I would also hope Sonny would think about selling us the produce as well at more affordable prices as food is very expensive in many states and disallows even those with a fair income to buy what they would like to buy. I think great too to share with say 2nd Harvest in CA, and others in other states, but don’t forget we other citizens trying to afford good food. Sad when I see long lines waiting for 2nd Harvest food bags because they are older and cannot work to bring in more money, or disabled, etc. Many are embarrassed that they have to get free food.

      Like

  9. Publius2016 says:

    farming is a national security issue like steel…the problem are the RINOs Nevertrumpers and Dems…they are Globalists and want us to sell out independence…remember Whole Foods was a Great Independent outlet but not now: Amazon Washington Post!!!

    Liked by 12 people

  10. Derek says:

    Could it be the new president of mexico may actually be good for Maga and mexico too ?

    Liked by 1 person

  11. Mercenary says:

    The fact that foreign nations are INTENTIONALLY targeting political sectors to hurt Trump makes me furious. I would double the tariffs on that fact alone.

    Liked by 11 people

    • Lindenlee says:

      Yep. For instance, as far as my research took me, Mexico does export some aluminum to us, but almost no steel. So how, exactly, did these tariffs “hurt” them? Especially to target a tariff that would specifically hurt certain areas of ours?

      We have made it clear that te cheating has to stop, that if auto parts are supposed to be made in MX, they should be made there. What is wring with that? The whole purpose of NAFTA was to benefit the economies of MX & CA by increasing manufacturing & trade WITHIN THE REGION.

      So the threat now, seems to be, “Let us continue to cheat you, to our benefit, or we will punish you”. Seems like extortion to me, not trade.

      Liked by 6 people

      • Paco Loco says:

        The whole purpose of NAFTA was to enable the giant US auto makers to move automobile assembly to Mexico where there’s cheap labor and impose no duties on cars imported into the US. Big profits were gained.

        NAFTA destroyed the us auto unions and turned Detroit into a hollowed out shell. Improving Canada and Mexico’s GNP was a benefit gained over the backs of US labor and consumers.

        Liked by 2 people

      • Carrie2 says:

        Lindenlee, having lived in Mexico for years I know how lousy they are mechanically in building and/or repairing anything – which is usually those from America living there legally and doing the good work. The problem is Mexico was using material from China and stating it was all Mexican stuff and work.

        Like

    • Trumpeter says:

      +100

      Liked by 1 person

  12. snarkybeach says:

    I find it hilarious that the MSM is SOOOOO concerned about debt now. when the great Barak O spent money like there’s no tomorrow, they yawned (or called us deplorable racists for questioning the wisdom of a trillion dollar “stimulus” …)

    Liked by 9 people

  13. brenrod says:

    put tariffs on chinese food imports to let americans take over the american market

    Liked by 2 people

  14. USA loves Melania says:

    At about 1:15 in the video there is a whiny little puke complaining about tariffs. The puke is supposedly a farmer but somehow I get the feeling that if I looked at his hands right now they’d look like my girlfriend’s hands after she takes a trip to the nail salon. Not a speck of dirt.

    Liked by 8 people

  15. DeAnna Vaughn says:

    My parents and grandparents have been farmers and ranchers for our entire lives. My hubby runs 100 mama cows. Our family recognizes the concept of “short term pain for long term gain.” Farming/ranching communities are very resilient. We will be fine. Just praying POTUS will make better deals for America’s future smaller farmers/ranchers. One thing that would REALLY help American ranchers at little to no cost to the government is Country Of Origin Labeling (COOL). How can citizens “buy American” meat products in support of us if they don’t know where their food comes from? Sub quality beef from Brazil and Australian are killing the cattle market. We are 2% of the population in the United States and we feed the other 98%. Remember that when you go to the grocery store next time. Without us, America and a significant part of the world would go hungry.

    Liked by 14 people

    • COOL is absolutely necessary, I want to buy American.

      Liked by 9 people

    • Lindenlee says:

      Yes, eliminating the COO labeling was a big scam, no consumers wanted it, but the “donor class” did, so we got it. Bring it back. I want to buy American beef.

      Liked by 3 people

    • I truly expect our VSG and his team have a plan to bring back Country Of Origin Labeling.

      Like

    • svenwg says:

      All US meat should have a purple stamp giving it State of origin and a colour band showing the quality, eg green for very tender, yellow for less tender and red for meat gained from older cattle.

      Like

    • MIKE says:

      Most of the food in my local chain grocery stores is tasteless Chinese crap. Been that way for years. Beef, pork, seafood, etc. Lately these mostly euro-based chain grocers will allow local bi-colored sweetcorn in the early summer for a couple of weeks, and also in the early fall. In between we get tough, starchy yellow “horse” corn, as pops called it. It’s been YEARS since they have carried the very sweet and delectable SLIVERQUEEN whitecorn, once a staple of my summer diet. Nothing like it paired with a bushel of CHESAPEAKE BAY callinectes sapidus, the blue crab. Maryland was once known as “the land of pleasant living”, in part because of the food. All local, all fresh. Not anymore.
      President Trump unequivocally wants the best for all Americans, especially the American farmers.

      Liked by 2 people

      • MIKE says:

        “Silver Queen”. not sliver. I’m sorry.

        Like

      • Lindenlee says:

        When I am at my house in Mexico, everything is farm fresh. My architect has a poultry farm and fresh eggs from chickens, geese, peacocks, and ducks, sells the carcasses for stewing once done, the fruit is all fresh, and veggies, milk tastes like real milk, and berries from the farms at the end of the lake are $1/quart. I can have fresh berries every day. real food.

        Liked by 1 person

        • MIKE says:

          Outstanding, Lindenlee! I yearn for those days. Love duck eggs! I could grow a garden, but I’d have to build a chicken-coop like pen to keep the critters from invading. Deer, fox, coon, and rabbit are teeming because local gov’t can’t manage wildlife, and I can’t discharge. Hell my wife can’t even plant Hostas, deer eat them down to the nubs. Pathetic leftists.

          Liked by 1 person

        • Paco Loco says:

          That’s why Ajijic is over flowing with US expats. A low cost of living and farm fresh food, plus the worlds perfect climate.

          Liked by 1 person

    • Carrie2 says:

      DeAnna Vaughn, thank you and living in the agriculture part of CA, a lot of hard work and long hours to produce what we eat and YES everything should be marked where it comes from and now. Tired of see “Made in China” or Indonesia, or other countries where I fear their lack of doing things ain’t exactly ours.

      Like

    • Truthfilter says:

      Yes yes yes on COOL

      Like

    • old45model says:

      DeAnna, how do you know the ‘sub par’ beef is Brazillian or Australian? Is it branded thus? Which town/district/state is it being retailed in? If you are getting sub par Aussie beef and we are getting sub par Aussie beef here in the local supermarkets, the question then becomes “Who is getting the above par Aussie beef?” I’ve grown and eaten grass fed beef on and off for over 50 years and most of it has been ‘melt in your mouth’ tender.
      Not all Aussie beef is from slab sided high Brahman content animals from drought stricken properties (ranches). There are two major meatworks not far from where I live – yet none of the prime beef processed through those works comes on to the local market – owned by foreign companies.
      Another question: How many of your meatworks are Halal? Have you ever researched this?

      Like

  16. Larry says:

    I’m curious what Canada is going to do.

    This agreement will likely end up a bilateral agreement between Mexico and USA. I’m sure the final draft will be offered to Canada but Quebec will kill any thought of accepting the new arrangement (within a NAFTA renewal context). Ergo, the door has been opened to bilateral agreements in a number of areas.

    NAFTA is dead and Canada killed it.

    I’m curious if Canada has any observers sitting in on this. Clearly they have no negotiators at the table.

    Liked by 4 people

  17. Maria B. brought up every single globalist point of objection and criticism of the President’s plan. Does she do this because she is helping the White House present their case or does she find herself of a more globalist mind set?

    Like

    • thedoc00 says:

      I like Maria B. She is smart and does a great interview but lacks the conviction of a Charles Payne, Stewart Varney, Liz MacDonald , Lou Dobs, or Liz Claman to go 100% “all in” with the President’s economic vision.

      Like

      • Carrie2 says:

        thedoc00, actually she is one of the best and always prepared. She is on OUR side but want’s people to know that by her questions and the answers she gets.

        Like

    • piper567 says:

      think, I actually find her comments helpful.
      sorta flesh out the entire argument, and gives me the needed perspective of “informed” sceptics.

      Liked by 3 people

  18. thedoc00 says:

    As long as this money ($12 B) gets to real live farmers and not the end to end Big AG businesses, I can live with this decision. Farmers and food growing is a vital part of national sovereignty and security.

    Liked by 2 people

  19. blind no longer says:

    This is called Winning Bigly!!!

    Liked by 1 person

  20. $12b is peanuts compared to what we stand to gain. The longer POTUS and Team stand firm, our trade antagonists suffer more.

    Liked by 1 person

  21. DeAnna Vaughn says:

    Oh hell. That $12 billion will likely mostly go to the big boys. They hog up all the government freebies they can get. The rest of us are a bit too proud to accept handouts. Those of us that only farm a couple thousand acres have jobs in town (or alternative incomes) to make ends meet. I must say that crop insurance has been a wonderful blessing to modify the risk of farming. At least you can get back most of your seed and fuel costs if you have a failed crop season. That is a government program I can support.

    Like

  22. Donna in Oregon says:

    Jun 16, 2018 – Beijing imposes 25 per cent tariff on U.S. soybeans,

    Soybean deal done with EU today.

    Exporters lining up supplies to load vessels in October to December, with the next U.S. crop hitting the market around September.

    Onto the MAGA strategy: The Chinese, our dragon friends, so good at math and yet this stuff happens (snicker) with the beloved ‘Silk Road” endeavor racked with debt…

    China exporting debt through ‘Silk Road’ projects, warns IMF chief Lagarde
    https://www.business-standard.com/article/international/china-exporting-debt-through-silk-road-projects-warns-imf-chief-lagarde-118041200532_1.html

    Trade war? Perfect time for a Trade War with China. Huge debt in China and also they have to loan money to all their Silk Road friends.

    China’s debt threat: time to rein in the lending boom
    https://www.ft.com/content/0c7ecae2-8cfb-11e8-bb8f-a6a2f7bca546

    China Disputes Infrastructure Projects Are Swamping Pakistan With Debt
    https://www.wsj.com/articles/china-disputes-infrastructure-projects-are-swamping-pakistan-with-debt-1532445474

    China stimulus signals trade war first, debt worry later
    Pivot toward stabilizing economy raises concerns of future financial risk
    https://asia.nikkei.com/Economy/Trade-tensions/China-stimulus-signals-trade-war-first-debt-worry-later

    Liked by 2 people

    • Carrie2 says:

      Donna, and China needs those soy beans, but just to bring you up to date CA used to grow our garlic, but now it comes from China and packaged here. So, yes, China must wake up and smell the coffee for their country and we for ours. When we moved to our small city, Spring was garlic, Summer was tomatoes, and Fall was the smell of spaghetti and 24 hrs. a day. Made you hungry for sure. Now due to Agro, we get more stuff in bags and can’t be trustworthy as to whether safe to eat or not rather than getting the real thing direct. Farmer’s markets help, but again must be careful if farmers really have raised the items as have seen many items not in season being sold.

      Like

  23. nimrodman says:

    From PresTrump’s tweet at top:
    “China is targeting our farmers, who they know I love & respect, as a way of getting me to continue allowing them to take advantage of the U.S.”

    Wilbur just amplified that on Fox News with Bret Baier

    One remark he made is that China some time ago stocked up on soybeans so that they can exit the market for a while, putting downward pressure on prices to farmers and thereby pressure on PresTrump ahead of the mid-terms.

    Liked by 1 person

  24. Pyrthroes says:

    Eighteen months into his first term, DJT’s Presidential calibre can be compared with 41 previous incumbents (not double-counting Cleveland, while omitting W.H. Harrison, Zachary Taylor, and James Garfield). On a three-point scale, generating every possible combination, we obtain seven (7) similar categories amenable to objective historical context-and-perspective.

    For example, we group Truman (32), Teddy Roosevelt (25), and James Madison (4) as “Exceptional” per common eras of benign development punctuated by national defense contingencies (Cold War and Korea, Philippine Insurrection, War of 1812),similarly dealt with as
    stewards of U.S. interests absent undue bellicosity. In contrast, the triad of Lyndon Johnson (35), Franklin Roosevelt (31), and Woodrow Wilson (27), rated Negative-minus, presided over conflicted eras characterized by societal upheavals traceable to festering crises overseas aggravated by perverse domestic policies inducing coteries of ultra-partisan ideologues to align with militantly seditious radical cabals. As national consensus faltered, restive dissonance ensued.

    Controversial it may be, but on this basis we provisionally rank Trump fourth (4) of forty-one, between Thomas Jefferson (3) and Andrew Jackson (5). For the record, the three who rank dead last are Andrew Johnson (17), W.J. Clinton (41), and Barack Hussein Soetoro (43).

    Liked by 1 person

  25. Rckymtn says:

    Going to be interesting to see what she has to say in the AM regarding the EU news….LOL

    Liked by 1 person

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