EMILY’s List, the corporate feminist PAC, is backing a woman who fought against immigrant woman’s rights to unionize. Emily’s list is another Faux-gressive group
In the runoff election in Texas’s 7th District, Moser will have the support of organized labor, which has come out against opponent Lizzie Pannill Fletcher.
A few farm facts for your Thanksgiving dinner:
• The vast majority of farms are in fact “family farms” meaning they are not owned by corporations, but by households.
• Despite huge productivity gains, the majority of these farms (~70%) net less than $20k per year, requiring off-farm jobs from members of the household.
• The reason for this is the unceasing suppression of prices. The price of corn, milk and all other farm commodities is well below the cost of production, requiring support through the farm bill and putting entire sectors of the economy at risk of extinction.
• Family farms typically work on contracts with “big ag” – companies like Perdue, Smithfield, Monsanto, etc.
• “Big ag” is not agricultural. It is a corporate layer to manage the sourcing, selling, and PRIMARILY the price manipulation and speculation on farm commodities.
• Big ag does not even own much in the way of infrastructure – grain storage, slaughterhouse, meat-packing, shipping, etc. These too are usually smaller privately-held companies working at will or on contract for the large corporations.
• When we talk about “big ag” we’re talking about Wall Street. If you want to understand how this works read “Merchants of Grain” by journalist Dan Morgan, which explains the business model of Cargill, the world’s largest privately-held corporation.
• Here’s the upshot – big ag needs a monopoly not so they can profit on retail sales. The monopoly on contracting and pricing, and precise knowledge of farmer activity gives companies like Cargill a monopoly on INFORMATION, which they leverage into price suppression and success in the commodity futures markets. Why do you think the Chicago Mercantile Exchange turns over $1 quadrillion per year in mostly agricultural futures?
That is big ag’s harvest, and farmers pay dearly for it. Cargill and Butterball can’t afford to let turkey farmers or any other farmers have independence and leverage because it takes away this monopoly.
There are two simple federal laws that will solve this problem, put family farms back on the road to prosperity, and help grow and modernize rural America.
1) A 1% Wall Street Sales Tax. A tax on derivative speculation will hit big ag harder than anyone, and totally change the perverse incentives in agriculture.
2) “Parity”- a guaranteed federal price floor for agricultural commodities. The USDA monitors the production cost of every commodity – factoring in the costs of land, labor, fuel, seed, etc. Farmers must be guaranteed a price for what they produce that reflects those costs plus a livable wage. This requires only a threat from the USDA to purchase these products, and food marketers have no option but to pay the same.
Happy Thanksgiving, and please spare a thought for the hard-working, too often overlooked family farms that put food on your table today!
“Obama, for example, gratuitously appointed General Electric CEO Jeffrey Immelt to the White House Jobs Council—an odd choice, given that Immelt’s company was a notorious pioneer in offshoring American jobs to foreign nations. Immelt subsequently admitted that he was motivated by GE’s bottom line: American wages were too high, he explained, so he intended to lower them. He succeeded.”
A new report offers a bracing autopsy of the 2016 election—and lays out a plan for revitalization.
Looks like we are the majority. ✊️
The poll also finds that Sen. Bernie Sanders maintains his position as the country’s most popular major politician.
The real problem with the Democratic Party – its run by Republicans
From the most basic level (the Democratic Town Committee) all the way to the top (the DNC), the party has been hijacked by the right. People in leadership positions at all levels advocate the same failed policy and push the same bogus talking points as the right wingers – they are one in the same.
The slow lurch to the right began in the 70’s. After the civil rights movement and subsequent civil rights act, the Democratic Party lost their historic support base, the South. No longer able to rely on the South for a guaranteed congressional majority, they resorted to corporate cash. This was the beginning of the end.
Soon the Democrats went full corporate with the inception of the Democratic Leadership Council. The New Democrats were born and began espousing the “Third Way” philosophy of liberal policy towards social issues and conservative stances for economics. The act of “triangulation” was perfected by Bill Clinton, who was able to wreak more damage on the regulatory structure and social safety net than any Republican could ever get away with, under the guise of a social liberal. Obama continued with the neoliberal policies that have all but destroyed the middle class of this county while increasing income inequality, environmental degradation, and winner take all capitalism.
Today we have a generation of “leaders” in the Democratic Party who have been thoroughly indoctrinated with the Third Way kool aid. They push identity politics at all costs and prevent any talk of government action to influence the highly monopolized and exploitive “markets”. Gone are the days of FDR’s progressivism or the Democratic party’s populist roots. Today’s Democrat is to the right of Eisenhower, but since they support marriage equality they are self proclaimed super liberals. These people don’t know what a liberal democrat is.
A conservative economist in Denmark is to the left of the Democratic Party in America. Think about that