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Trump’s farmer bailout is now twice as big as the auto bailout as Trump begs rural America not to leave him: report

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When the president’s trade war began to hurt rural America, he used a huge chunk of his budget to issue a $28 billion bailout, which is twice of what the government loaned to the big three automakers. In the case of the automakers, the funds were paid back with interest and they did it earlier than expected. Farmers are not expected to pay back the government.

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Bloomberg reported Monday that farmers caught up in Trump’s trade war have come to rely on the government’s bailouts to keep their farms alive when China isn’t purchasing their crop.

U.S. Secretary of Agriculture Sonny Perdue has been the face of the Trump administration traveling from state to state and apologizing to farmers for the trade war.

“I sometimes see where these horrible dishonest reporters will say that ‘oh jeez, the farmers are upset.’ Well, they can’t be too upset, because I gave them $12 billion and I gave them $16 billion this year,” said Trump, who then added, “I hope you like me even better than you did in ’16,” Trump told a room of farmers over Perdue’s cell phone pressed to a microphone.

In August, Perdue was in Minnesota where he met Brian Thalmann, who serves as the president of the Minnesota Corn Growers Association. He lamented that Trump’s claim that farmers are doing “great,” was a lie.

“We are not starting to do great again,” he said. “We are starting to go down very quickly.”

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Rural communities would typically welcome Trump with cheers and applause, but after dealing with the trade war, support is quieter.

“The aid package that has come in is a relief, and it softens the landing, but it’s not a solution, it’s a Band-Aid,” Bloomberg quoted farmer Stan Born, who attended a Perdue event in Decatur, IL in late August.

When asked if the payments helped him break even, he said, “Of course not.” He’d prefer free trade.

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The agriculture industry has been the collateral damage in a war between Trump and China on manufacturing, technology and intellectual property.

“Efforts to cultivate China’s appetite for American soybeans stretch back almost four decades,” Bloomberg reported. “China’s purchases exceeded $12 billion in 2017, according to U.S. Department of Agriculture statistics. But they’ve pretty much dried up since the end of 2018, when China made goodwill buys as the two countries appeared to be close to a détente.”

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Sept. 1, Trump added additional tariffs on China to the tune of about $110 billion. China clapped back with its own tariffs on American-raised pork, beef, chicken and other goods. While the problems are isolated to mostly soybean farmers, it is spreading to ranchers and livestock farms.

“On Sept. 13, China’s state media reported that the country would exempt some American soybeans, pork, and other agricultural products from more tariffs,” Bloomberg explained.

“Net farm income is projected to be down 29 percent this year from 2013 levels, and debt to total $416 billion,” they calculated.

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Read the full report at Bloomberg.


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These 7 details from the damning Sharpiegate report show it was a dark omen of Trump’s destructive potential

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While it was dismissed by some as an overhyped media obsession, the presidential scandal that has come to be known as "Sharpiegate" was, in fact, an early warning sign of the truly catastrophic potential of Donald Trump.

The story arose out of Hurricane Dorian, which began its deliberate march up toward the East Coast of the United States in late August and early September of 2019. It ravaged the Bahamas, and officials feared the damage it could inflict stateside. But then came a Trump tweet on Sept. 1, and later comments to reporters, in which he warned that Alabama was in the storm's path. He said it was among the states "most likely be hit (much) harder than anticipated."

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Florida governor finally releases the true numbers of people hospitalized with coronavirus

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Florida Gov. Ron DeSantis finally caved in to pressure to release the actual numbers of coronavirus cases in the state's hospitals.

Until Friday, DeSantis had refused to reveal the true numbers, leaving many in the state unaware of just how bad the cases were. According to the Orlando Sentinel, a whopping 7,000 Floridians are in hospitals hoping they survive the virus.

"The data, which for the first time breaks down the number of people in the hospital with coronavirus, was promised by the state two weeks ago," the report explained.

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MSNBC’s Nicolle Wallace asks why Bill Barr is trying to ‘erase Robert Mueller’s investigation’ before November

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MSNBC host Nicolle Wallace returned to television Friday night to address what she called outright corruption in the Trump White House after another example of the president trying to escape the consequences of the law.

Wallace began by calling Attorney General William Barr nothing more than Trump's "bouncer."

"He has been intellectually overestimated from day one. He is not a mastermind of anything," said Wallace. "He is Donald Trump's body man."

She cited "well-sourced spin" coming from the White House Friday evening, because there were people that she said were "enlisted" with trying to talk Trump out of commuting Roger Stone's sentence. She anticipated that Barr and White House Counsel Pat Cipollone may huff and puff about the act, but that they won't quit over it. "And we should remember their names forever. They are all accomplices in the greatest corruption of one of the most sacred powers."

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