American farmers are having a tough year, in no small part because of President Donald Trump’s trade war. Now, the White House is gearing up to extend them a multi-billion-dollar bailout, sources tell CNN.
I’m guessing most farmers will be allowed to stay in their homes and manage their fields while the big ag companies take all their yield and pay out a meager salary.
They’ll call it “franchise farming” or something catchy, but it’s really gonna be Indentured Servants 2.0.
JD Vance has investments in companies that buy out farms from farmers. He says the farms will continue to be run by experts (ie the farmers he bought the farms from)
This is how farming has mostly worked in this country since it was founded. A decent amount of small and even large family farm operations don’t even own the land they farm because of how expensive land is in general. Farmland really started to get expensive 20 years ago and ever since then it’s been hard to purchase land at all for any farm that is bigger than 100 acres. My father was able to still purchase land in the 90s and early 2000s before prices really went bananas, so to grow his operation, he had to lease if he wanted to farm more land.
That was really the idea all along. Consolidation of wealth and power.
I’m guessing most farmers will be allowed to stay in their homes and manage their fields while the big ag companies take all their yield and pay out a meager salary.
They’ll call it “franchise farming” or something catchy, but it’s really gonna be Indentured Servants 2.0.
JD Vance has investments in companies that buy out farms from farmers. He says the farms will continue to be run by experts (ie the farmers he bought the farms from)
AcreTrader is the company
Corporate Sharecropping
This is how farming has mostly worked in this country since it was founded. A decent amount of small and even large family farm operations don’t even own the land they farm because of how expensive land is in general. Farmland really started to get expensive 20 years ago and ever since then it’s been hard to purchase land at all for any farm that is bigger than 100 acres. My father was able to still purchase land in the 90s and early 2000s before prices really went bananas, so to grow his operation, he had to lease if he wanted to farm more land.