... who, gawsh ahmighty, do not want the government meddling in their affairs!!
One such Virginia farmer whom I met had received a government loan at 2% to buy a new combine with a special configuration for his type of peanut farming. In 2003, the subsidy for his peanut farming was abolished, and since the combine was special to his type of farming, the machine could not be sold to the other farmers further south, who farmed the more common type of nut.
The government forgave his loan...
and he still has the equipment, sitting in his yard, rusting...
Ay, yep. Nothing like one's own bootstraps!
Friday, April 22, 2011
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