Banks are Denying Loans to Many of These Ranchers and Farmers, Meanwhile, money is flowing like wine on Wall Street thanks to the Federal Reserve….
Banks are running out of time to regain public trust,#TheStruggleIsReal is easily found on social media these days. And this perfectly applies to US farmers right now.
By Marc Huso, AG Week. I’m certain no other industry can share in that more than the farmers that continue the 2019 harvest. Last month, I shared about the heavy snow much of our region received. Now we deal with the effects, and all are negative.
Before and after
Prior to the snow, our area of northeast North Dakota was looking at a good edible bean harvest.
Pinto beans were averaging anywhere from 2,000 to 3,000 pounds per acre. After the snow, many yields are 1,000 to 1,800 pounds per acre.
Soybeans were also doing well before the snow with yields above 40 and some even 50 bushels. After the snow, with many beans lodged from the storm, snowbanks built up, and water/ice ponding kept yields around 30 bushels and some below that.
Canola has also seen significant yield hits after the snow with plants laying flat on the ground now increasing harvest loss and greatly slowing down harvest efficiency.
Sunflowers that have had to stay in the field are suffering now from sclerotinia head rot. Yields are 50% of what the potential looked like.
Crops are still in the field
We are soil sampling our unharvested edible beans. Our field roster indicates we have 65 fields that didn’t make it to the processing plant. That makes up close to 50% of the edible bean acres I work with and they are still in the field mostly because they needed to be cut underground with equipment and now with the frozen soil we are unable to do that.
Soybeans are nearing the end. A few farms still must battle the rough conditions. Farmers have had to work with snow, water, and ice through their combines which have caused parts and equipment to freeze up and break.
Repair bills will no question exceed what farmers typically budget for. Many of the soybeans that have come off the fields are not dry and soybean drying costs are another budget item that is exceeding expectations. Sunflowers are also almost complete.
And then there is the corn. Anywhere you drive in the eastern half of North Dakota and I’m assuming most of the Midwest, there are cornfields galore. High in moisture, low in test weight seems to be the pinnacle of the struggle for many farms in this region. Elevators and ethanol plants will struggle to find markets for the quality of corn that is coming in. Farmers will struggle with slow harvest efficiency as they’ve been told to use low heat in the drying system to increase the test weight. Then, the struggle will trickle down from there.
The Midwest is about to be reminded of how real the power and struggle of “trickle-down” economics can be. The farmers and elevators are doing their best to limit the losses and find profit where they can, but the struggle is real.
The economy in our cities and towns will no question feel the struggle our farmers are going through. So those not tied to a farmer as close as some of us, please understand and respect what they are dealing with on a day to day basis.
Farmers not only provide for their families and employees, but they provide almost everything that our small towns and cities have been built on.
The situation is the U.S. is bad. Let see how the U.K. will handle their floods. Soon we will see large ships bringing cereals and corn from China… And we will have to buy it at any price! [AG Week]
Banks are Denying Loans to Many of These Ranchers and Farmers, Meanwhile, money is flowing like wine on Wall Street thanks to the Federal Reserve….
Banks are running out of time to regain public trust
What do you do when you have lost all hope that things will ever turn around? It may still feel like “the economy is booming” for those at the top end of the economic food chain in big coastal cities such as New York and San Francisco, but for millions of hard-working Americans in the middle of the country, talk of a “coming recession” is absolutely ludicrous because it already feels like a severe economic depression is happening right now. In America’s heartland, bankruptcies are surging, debt burdens are becoming overwhelming, and suicide rates are spiking to unprecedented levels. We have not seen economic despair this extreme since the last recession, and I am about to share a story with you that will absolutely break your heart.
At one time, South Dakota farmers Chris and Amber Dykshorn looked toward the future with great optimism. But mounting debts and several years of disastrous weather changed all that, and in June their community was shocked when Chris took his own life…
Amber Dykshorn stood at her kitchen window and watched the storm come in.
It was a very dark Saturday night in the middle of the summer in the middle of a year that is on track to be the wettest in more than a century. The wind blew over the farm, the rain came down and she heard the ominous pings on her roof – pea-sized hail, striking the still-fragile stalks of the only corn her husband, Chris Dykshorn, was able to plant before he took his own life in June.
Chris had lost all hope.
The couple was absolutely drowning in debt, and they desperately needed a good year just to keep the farm going.
But then the rain just kept on coming, and now Amber has to deal with three young kids and $300,000 in farm debt all by herself…
Did their crop insurance cover hail damage? She had no idea. That was something Chris would have taken care of, if he were here. Instead she was alone, with nearly $300,000 in farm debt, three kids ages 5 to 13 and a host of grief-fueled questions. Why hadn’t she been able to save him? What would happen to them now?
Sadly, the Dykshorns are not an isolated case.
All across the Midwest, farms are going under at a staggering rate. According to the vice president of the National Farmers Union, the state of Wisconsin is “losing two farms a day” at this point…
“You look at the weather, you look at the crops you can’t get off the field, you look at the bills you can’t pay,” Patty Edelburg, vice president of the National Farmers Union, told Yahoo Finance. “Bankruptcies are up. Wisconsin is attributed as the No. 1 bankruptcy in the nation right now, when it comes to dairy farmers. That number is up, I think, 24% from last year already. We’re losing two farms a day.”
If you can believe it, the state of Wisconsin “lost almost 1,200 dairy farms” between 2016 and 2018.
Overall, the number of dairy farms in the state has fallen by 49 percent during the last 15 years.
Just think about that.
Half of all the dairy farms in our most important dairy-producing state are completely gone.
And instead of tapering off, this “farm apocalypse” just continues to pick up speed. Sadly, the bankers are contributing to this crisis in a major way by denying loans to many of these troubled farmers…
“Farming is such a stressful occupation by itself,” Edelburg said. “When you start adding financial stress on top of it, it’s just going to add more stress. Farmers can’t pay their bills, they have no extra money, they have people honing down their neck looking to pay bills. They’re going to banks and they can’t get loans. They’re literally being denied loans.”
When you are already drowning in debt and your crops are failing and the banks won’t give you any more money, it can seem like there is no way out.
This is the position that Chris Dykshorn found himself in, and we can get an idea of what his emotional state was like just before he committed suicide from the final texts that he sent to his wife…
“I’m struggling so bad today. I don’t know what to do anymore,” he texted on May 31. “I seriously don’t know how we r gonna make it.”
On June 1: “I just want to sit in the house and cry.”
And then: “What am I supposed to do. I am failing and feel like I’m gonna lose everything I’ve worked for the past how many years.”
As I have stressed over and over, suicide is never the answer. But when someone loses all hope that there will ever be an opportunity to turn things around, it can be very difficult to keep going.
Meanwhile, money is flowing like wine on Wall Street thanks to the Federal Reserve. The unelected Fed has been pumping billions upon billions of dollars into the financial markets, and this has resulted in a higher concentration of wealth among the top one percent than ever before. The following comes from Bloomberg…
The top 1% of American households have enjoyed huge returns in the stock market in the past decade, to the point that they now control more than half of the equity in U.S. public and private companies, according to data from the Federal Reserve. Those fat portfolios have America’s elite gobbling up an ever-bigger piece of the pie.
The very richest had assets of about $35.4 trillion in the second quarter, or just shy of the $36.9 trillion held by the tens of millions of people who make up the 50th percentile to the 90th percentile of Americans — much of the middle and upper-middle classes.
In essence, Wall Street is being showered by “welfare money” from the Federal Reserve, and nobody is holding the Fed accountable.
At the same time, tens of millions of American families are working low paying jobs and are just barely getting by from month to month. The following comes from Zero Hedge…
For instance, a new report sheds light on 53 million Americans, or about 44% of all US workers, aged 18 to 64, are considered low-wage and low-skilled.
Many of these folks are stuck in the gig economy, making approximately $10.22 per hour, and they bring home less than $20,000 per year, according to a Brookings Institution report.
Today, half of all American workers make less than $33,000 a year. As the cost of living continues to rise much faster than wages do, hard-working Americans are increasingly turning to debt in order to make ends meet, and during the next recession, many families will not be able to service those debts.
All over the nation, we are watching a tragedy play out in slow motion.
America’s heartland is being gutted, and the “next recession” hasn’t even officially started yet. But soon enough it will, and the deep depression that we are already witnessing in many parts of the middle of the country will get a lot worse. Source
Corruption Is a State of Decay, Without God There “No Justice”
The Bible has a lot to say on the subject of injustice. We know that God is in favor of justice; we know that He is against injustice, even in the most basic terms. The writer of Proverbs mentions this: “The LORD detests differing weights, / and dishonest scales do not please him” (Proverbs 20:23). Justice is foundational to God’s throne (Psalm 89:14), and God does not approve of partiality, whether we are talking about a weighted scale or an unjust legal system (Leviticus 19:15). There are many other verses, in both Old and New Testaments, that give us an idea of God’s distaste for injustice (2 Chronicles 19:7; Job 6:29; 11:14; Proverbs 16:8; Ezekiel 18:24; Romans 9:14).
Corruption is a state of decay, pollution, or incorrectness. In the Bible, corruption is one of the effects of sin that resulted from the fall of man. In the beginning, God created a perfect paradise, free of sickness, pain, and death. But when Adam and Eve disobeyed God by eating the forbidden fruit, sin entered the world, spoiling its perfection. That sin also brought contamination and decay to Adam and Eve and to the human nature of every person born after that (Romans 5:12). Thus, corruption in the Bible is the state of moral contamination and spiritual decay expressed through disobedience toward God.
The tragic reality of the world’s biggest corrupt legal system -America’s rigged courts, bribed judges, fake and phony trials, and over 2 million prisoners in the USA gulag The reality is that the United States of America, which proclaims itself the “land of freedom”, has the most dishonest, dangerous and crooked legal system of any developed nation. Legal corruption is covering America like a blanket. The corruption of the USA legal system is well-known, but also well-hidden, by the news services of America’s corporate-owned media. The US media companies are afraid both of reprisal and of the social revolution that would come from exposing the truth. Without GOD there is no” justice”
Usury is, by modern definition, the illegal practice of lending money at unreasonably high rates of interest. Usury is usually carried out with the intention of the lender, or usurer, gaining an unfair profit from the loan. A modern slang term for a usurer is a loan shark. Somewhat complicating the matter is the fact that, before the creation of usury laws, usury could refer to interest in general. Now, usury refers to exorbitantly (and illegally) high-interest rates. The King James Version uses the word usury in its now obsolete sense. For example, in Exodus 22:25, the basic rule regarding interest is “If thou lend money to any of my people that is poor by thee, thou shalt not be to him as a usurer, neither shalt thou lay upon him usury” (KJV). However, in the English Standard Version, the same verse reads, “If you lend money to any of my people with you who is poor, you shall not be like a moneylender to him, and you shall not exact interest from him.”
Bankster is a member of the banking industry seen as profiteering or dishonest. ‘nothing ever seems to happen to any of the banksters who caused financial pain to the masses.
An example is the financial giant Goldman Sachs, which owns a bunch of industrial warehouses near Detroit where aluminum ingots are stored. Every day, according to the paper, a fleet of trucks shuffles 1,500-pound bars of the metal among the warehouses, two or three times a day.
“This industrial dance has been choreographed by Goldman to exploit pricing regulations set up by an overseas commodities exchange,” the Times said its investigation found. “The back-and-forth lengthens the storage time. And that adds many millions a year to the coffers of Goldman, which owns the warehouses and charges rent to store the metal.”
It also increases the prices paid by manufacturers and consumers for products that use aluminum — soda and beer, for instance.
Unfortunately, this is just one of many examples. The maneuvering in markets for oil, wheat, cotton, coffee and more has brought billions in profits to investment banks like Goldman, JPMorgan Chase, and Morgan Stanley, the newspaper reported.
Corrupt bank scandals are magnified by each other, loan to own schemes which destroy the small businessman on a regular basis, Goldman Sachs bankers seem to have a corner on the market along with Bank of America just to mention a few bad corrupt banks. They’re part of a pattern, lawlessness, greed, self-centered ambition, one that the American public is hyperaware of. These headlines foment distrust in the fairness of the entire system, Bank is corrupt by design….
Bankers and gangsters are mainstream in today’s financial institutions, these large to midsize banks and there under links- the “bankers” are the corrupt wheeler-dealers, they manipulated markets, sliced and diced mortgages (fraudulent foreclosures) and played loose with other people’s money, they are gangsters.. Their history proves the bad fruit that has harmed the American people….
It’s not exactly news that banks have seen their reputation with the public tumble since the financial crisis, but what gets talked about less frequently is what’s at risk for the industry if it can’t turn public opinion around.
A lack of widespread trust raises questions about banks’ relevance in the digital age and leaves them open to further political attack.
#Fraud #Banks #Money #Corruption
Banks are in essence, full of “hypocrisy” refers to the act of claiming to believe something but acting in a different manner. The word is derived from the Greek term for “actor”—literally, “one who wears a mask”—in other words, someone or institution who pretends to be what they are not.
The Bible calls hypocrisy a sin. There are two forms hypocrisy can take: that of professing belief in something and then acting in a manner contrary to that belief, and that of looking down on others when we ourselves are flawed. SRH
Corrupt bank scandals are magnified by each other, loan to own schemes which destroy the small businessman on a regular basis, Goldman Sachs bankers seem to have a corner on the market along with Bank of America just to mention a few bad corrupt banks. They’re part of a pattern, lawlessness, greed, self-centered ambition, one that the American public is hyper-aware of. These headlines foment distrust in the fairness of the entire system, Bank is corrupt by design….
In essence, “hypocrisy” refers to the act of claiming to believe something but acting in a different manner. The word is derived from the Greek term for “actor”—literally, “one who wears a mask”—in other words, someone who pretends to be what they (Banks) are not.
The Bible calls hypocrisy a sin. There are two forms hypocrisy can take: that of professing belief in something and then acting in a manner contrary to that belief, and that of looking down on others when we ourselves are flawed.
One glorious future day, the curse of corruption and decay will be lifted for all eternity: “For all creation is waiting eagerly for that future day when God will reveal who his children really are. Against its will, all creation was subjected to God’s curse. But with eager hope, the creation looks forward to the day when it will join God’s children in glorious freedom from death and decay” (Romans 8:19–21, NLT; see also Revelation 22:3).
People’s hearts are troubled, their minds are in a state of confusion, the Bible tells us a time of great delusion that will come upon the people, that time has arrived, the politicians must come up with more significant and more believable lies in order to bring on the antichrist, we have entered the doorstep Tribulation.
“Unless God has raised you up for this very thing, you will be worn out by the opposition of man and devils”…
The Birth Pains Are Growing Stronger….
“Man will ultimately be governed by God or by tyrants.”
My name is Steve Meyers and I need to share a vision and warning that the Lord showed me back in April 2007….
Many of you will ask why I waited so long to share the warning. I didn’t. I shared the story with everyone that would listen from pastors to friends to family to colleagues. Immediately following the initial vision, I called a close friend. I told him to sit down that I had something to tell him. I needed it documented as I knew this was supernatural and from God. As I witness events unfolding today, I need to share the vision again.
The risk of loss in trading futures and options on futures can be substantial. The author does not guarantee the accuracy of the above information, although it is believed that the sources are reliable and the information accurate. The author assumes no liability or responsibility for direct or indirect, special, consequential or incidental damages or for any other damages relating or arising out of any action taken as a result of any information or advice contained in this commentary. The author disclaims any express or implied liability or responsibility for any action taken, which is solely at the liability and responsibility of the user. Steve Meyers
The silencing of the American people before 2020?
“The human heart is an idol factory.”
The Un-Godly — Those That Suppress the Truth, the social media giants built multi-billion dollar empires by giving everyone a voice, but now that they have such a dominant position on the Internet they have decided that many prominent conservative voices should be completely silenced.
Our government has been overthrown. As evidenced by Trump’s capitulation on the border, his recent servitude to the GMO industry and his acquiescence to the warmongers, our President has been compromised. Our liberties are being eliminated one by one. Gun confiscation is next. The Constitution is gasping its last breaths. Our borders are destroyed and our culture has been turned upside down by every perversion known to man.
The Left, a broad term for Liberal Socialist Democrats that can only be explained fully by using the Bible explanation of the human race is as follows. A servant of Satan, because you are either saved or lost. This election has brought out the true nature of who you serve. Simply put, it’s Donald Trump, Conservatives, and Christians against the rest of the world. The Left’s Love applies only to those who believe as they do. They Love evil and commit Anarchy against those who love good. They are governed by lies and never tell the truth. On this Friday, Inaugural Day for the swearing-in of Donald Trump as the 45th President of the United States the Left wants to commit widespread Anarchy to shut down the swearing-in ceremony. Their goal of transforming America, which was founded in Judea Christian values into a Pagan Nation is almost complete. Their goal has always been the total removal of God from American society and the downfall of America. Donald Trump says he is a Presbyterian, but he left off the USA, an apostate church.
Everything done in dark will be brought to light, being biblically bankrupt will not exclude the elitist.
Let Me Make This Abundantly Clear. (I Am Apolitical) While I Have a General Distaste for Politicians No Matter the Party They Belong To, I Am Unashamedly Politically a Bible Believing Conservative Christian. I Have a Severe Distrust of Government. I Believe It Is the Most Inefficient and Ineffective Way to Accomplish Most Things. While I Strongly Disagree with Liberals/Progressives and Conservative on Most Political Issues, and While I Believe Liberals/Progressives and Most Politicians Are Terribly Misguided and Naive About What Big Government Will Eventually Result In, I Strive to Not Question Their Motives. at the Same Time, While I Find Myself in Agreement with Conservative Politicians on Some Issues, I Do Not Believe Electing Republicans Is the Answer to Everything. for Me, Very Sadly, the Main Difference Between Republicans and Democrats Is How Quickly They Want to Drive the Car Towards the Cliff. Simply Put, I Do Not Believe the Government Is the Solution for Everything. I Do Not Place Any Faith, Trust, or Hope in Any Politicians to Fix What Is Wrong with the World. “Come Lord Jesus!” (Revelation 22:20) StevieRay Hansen
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Hunted by the Mob, Found by Christ
The gripping memoirs of the founder of HNewsWire. A binge-worthy afternoon read.
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