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You sure about that?"It is highly suspicious that this announcement came a day after the midterm elections," said Tony Corbo, senior lobbyist at Food and Water Watch, which tracks federal agriculture programs.
I suppose it probably would seem suspicious if it wasn’t announced until the day after the elections. Of course, since it actually was announced two weeks before the election, the timing really isn’t all that suspicious.
https://www.chicagotribune.com/busi...-producer-federal-bailout-20181023-story.html
The genius of the Trump swallowers on full display here. Step right up and marvel!Wait. Did that say $240,000? What is that .. 3 truckloads?
Alert the media! Uh, never mind.
The final details weren’t announced until after the election, but it was announced last month that Smithfield qualified for bailout money, giving Dems plenty of time to make hay out of the issue before the election.You sure about that?
Your article:
A Chinese-owned pork producer is eligible for federal payments under President Donald Trump's $12 billion farm bailout, a program that was established to help U.S. farmers hurt by Trump's trade war with China.
Smithfield Foods, a Virginia-based pork producer acquired in 2013 by a Chinese conglomerate now named WH Group, can apply for federal money under the bailout program created this summer, said Agriculture Department spokesman Carl E. Purvis.
The OP's article:
A Chinese-owned pork producer will sell at least $240,000 worth of ham products to the federal government as part of the Trump administration's farm bailout program, the administration said Wednesday.
U.S. pork producer Smithfield, which is owned by the Chinese conglomerate WH Group, will sell 144,000 pounds of ham products to the federal government under the contract.
One of these things is not like the other. See if you can figure it out. Then start trying to make the case that they really are the same and let's see if we can squeeze half a dozen pages of you being wrong out of it.
LOL...and here we go. You do understand the difference between being eligible for something and actually getting it...right?The final details weren’t announced until after the election, but it was announced last month that Smithfield qualified for bailout money, giving Dems plenty of time to make hay out of the issue before the election.
From the OP’s link:
The Agriculture Department said last month that Smithfield qualified for the bailout money, noting that the agency would be purchasing only goods produced in the United States. Sen. Charles E. Grassley (R-Iowa), a farmer and member of the Senate Agriculture Committee, has expressed alarm that a Chinese-owned firm could benefit from bailout money intended to help American farmers survive a trade war with China.
We even had a thread about it here on HROT (albeit a short one). As you can probably guess, Ciggy started the thread.
https://iowa.forums.rivals.com/thre...s-anti-china-farm-bailout.248021/#post-5815144
The genius of the Trump swallowers on full display here. Step right up and marvel!
Quantitative morality?This is comically absurd Chicken Little behavior. Smithfield produces billions of pounds of pork. That is a spit in the bucket.
His predecessor tried to give the entire country to China. This grumble is a really bad look for you guys.Quantitative morality?
We’re not going anywhere because I’m not going to waste any more of my time educating you on this. We knew last month that Smithfield was going to be getting money from this program. The only thing we didn’t know yet was how much. Dems had plenty of time to make this an election issue.LOL...and here we go. You do understand the difference between being eligible for something and actually getting it...right?
There was a thread around here somewhere when it came out they were eligible
It's not like you to give up so early. You feeling ok? It was announced AFTER the election that this company was getting the money. It was announced BEFORE the election that they were eligible. Those aren't the same no matter how much you wish it were so. You were wrong. Again.We’re not going anywhere because I’m not going to waste any more of my time educating you on this. We knew last month that Smithfield was going to be getting money from this program. The only thing we didn’t know yet was how much. Dems had plenty of time to make this an election issue.
It must have come as quite a shock to you to learn Smithfield is actually going to get the money the government had already announced they were eligible to receive. Who could have predicted such a stunning turn of events?It's not like you to give up so early. You feeling ok? It was announced AFTER the election that this company was getting the money. It was announced BEFORE the election that they were eligible. Those aren't the same no matter how much you wish it were so. You were wrong. Again.
LOL...right on cue. Are you of the mindset that every entity eligible for something actually gets it?It must have come as quite a shock to you to learn Smithfield is actually going to get the money the government had already announced they were eligible to receive. Who could have predicted such a stunning turn of events?
Absolutely every single entity? Of course not.LOL...right on cue. Are you of the mindset that every entity eligible for something actually gets it?
not quite as much as Russia, though....trumpbaggers love bailing out china.
I lost my job because of his tariffs. Soybean tariff made our ag companies cut back on marketing which made the agency I work for cut staff.
Thanks big idiot!
Seriously? This is your latest defense? Hmmmm....let's see...what's the difference between these two deals? F'it...you figure it out.Aaaannnd...crickets.
Apparently the government buying a bunch of surplus ham at $1.67/lb from a Chinese-owned pork producer in Virginia is worse than letting the Chinese buy the whole damn company in the first place.
Well, let’s see.Seriously? This is your latest defense? Hmmmm....let's see...what's the difference between these two deals? F'it...you figure it out.
Yep. Try again.Well, let’s see.
In one deal we’re buying 72 tons of surplus pork at $1.67 per pound for the purpose of reselling it in other markets.
In the other deal we allowed China to purchase control of 25% of our pork industry.
Did I miss anything?
How about you speed things along and just tell me.Yep. Try again.
That wouldn't be helpful. I'm sure that if you muddle through it'll come to you. Keep noodling.How about you speed things along and just tell me.
I’m not wasting any more time on your little game. Either make your point or don’t.That wouldn't be helpful. I'm sure that if you muddle through it'll come to you. Keep noodling.
Just out of curiosity, where do you think the hog farms and processing plants and workers are going to go? China?I’m not wasting any more time on your little game. Either make your point or don’t.
Just out of curiosity, how many of you who are outraged by a Chinese company getting bailout money were equally incensed when the Obama administration allowed the Chinese to buy the company in the first place?
I mean, if you're angry that our government is buying 72 tons of surplus pork from a Chinese-owned company at $1.67 per pound for the purpose of reselling it in other markets then you must have been beside yourself when our government signed off on the 2013 deal in which the Chinese government financed Shuanghui's $4.7 billion takeover of a company that represented 25% of America's pork industry.
Right?
https://www.pbs.org/newshour/show/whos-behind-chinese-takeover-worlds-biggest-pork-producer
Smithfield has hog farms and processing plants and workers in the United States and Mexico and Poland and Romania. The products go all over the world, including China. The profits now go to China, as of about 5 years ago.Just out of curiosity, where do you think the hog farms and processing plants and workers are going to go? China?
My point is that Democrats are furious that the Trump administration, as part of their bailout of pork producers, is buying pork from a Chinese-owned company. But they have absolutely no problem with the fact that Smithfield wouldn’t even be a Chinese-owned company if the Obama administration hadn’t allowed China to buy the company in the first place.These seem like pretty different things to me. The sale of the company seems to be right in the wheelhouse of capitalism and the government staying out of private business matters. The pork buying subsidy program is in the government can use its power to pick winners and losers and interferes with the free market. It seems to me that people who are pleased about one about one probably should be at odds with the other.
I don't happen to think either is really a big deal.
I'm sorry. What else matters? Do they avoid US taxes on those profits?Smithfield has hog farms and processing plants and workers in the United States and Mexico and Poland and Romania. The products go all over the world, including China. The profits now go to China, as of about 5 years ago.
Please tell me you’re going somewhere with this point, aside from declaring you can’t move a hog farm from North Carolina to Sichuan.
So...they should have declared Smithfield as vital to US security interests? How - and on what grounds - would they have prevented the sale? TIAMy point is that Democrats are furious that the Trump administration, as part of their bailout of pork producers, is buying pork from a Chinese-owned company. But they have absolutely no problem with the fact that Smithfield wouldn’t even be a Chinese-owned company if the Obama administration hadn’t allowed China to buy the company in the first place.
You don’t think that autonomy over 25% of our entire pork industry represents a vital security interest? You don’t think the Treasury Department had the authority to prevent the largest purchase of an American company by a Chinese company in the history of the United States?So...they should have declared Smithfield as vital to US security interests? How - and on what grounds - would they have prevented the sale? TIA
Ummm...no? Are the hog farms, processing plants, and workers going somewhere? What - exactly - can the Chinese do?You don’t think that autonomy over 25% of our entire pork industry represents a vital security interest?