When will Barry Obama call for windfall taxes on corn and soybean farmers? - crude corn oil
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Increased crop prices above (click on the link) is the Federal Reserve Bank of Chicago, August 2008 Bulletin of agriculture, and oil is the Federal Reserve Bank of St. Louis.
What the farmers a tax on windfall gains in corn and soybeans? Finally, the increased prices for their produce more oil in recent years, 69% and 88% for corn and soybeans to 61% for oil. And more than two years ago, corn (162%) and soybeans (153%) more than twice that of oil (59%), even more reason to introduce a tax on windfall profits to impose Big Big corn and soybeans. And do not forget, wheat, raised its prices by 92% in the last two years, we will impose the tax on windfall profits of big wheat.
As Dean Baker: "The oil companies (MP: Add corn and soybean states, making the farmers here) currently huge profits because oil) (corn and soybean prices have risen and beyond expected to almost everyone. In other words, Exxon -Mobil, Shell, and others (Big Corn and Big Bean) not provided$ 120 per barrel of oil ($ 5.50 and $ 12.50 per bushel.) When they made their investment (purchase of agricultural machinery and agricultural land) 10-20 years. They made a profit, then (corn and soy oil) remained in the range of $ 30 - $ 40 per barrel ($ 2 and $ 5 per bushel.) Specifies that in their investments. The difference between the return they expected and they practice because of unexpected events is what economists refer to as a coincidence.
In other words, an argument for tax windfall profits of oil could also be for each commodity, like corn and soybeans, whose prices are "going far beyond the expected for almost any in the world." The tax windfall Big Corn, Big Bean, and Big Oil.
Tuesday, January 12, 2010
Crude Corn Oil When Will Barry Obama Call For Windfall Taxes On Corn And Soybean Farmers?
3 comments:
American farmers and foreign oil are two different things. Obama says he can not remember anything from farms and good luck. I suspect that, in contrast to fast boats ", which understands what to say, the concept of separate issues. Oil is a unique substance. In these days, not only in the fuel industry and transportation, terrorism, Inc. also provides on Climate Change contributing and sucking large amounts of money from the pockets of workers. Much of this money is now in the hands of criminals in the Middle East, will the money back at one point shortly into the United States in the form of industrial products and the acquisition of real estate. The possession of things is what gives you control and therein lies the danger. ... Obama understands the ditto-heads do not. In fact, what happens to buy already. Not to mention the Chinese, the other reasons, are willing to buy in our country under our feet. These facilities include the purchase of public debt more .... they need to have the United States. The main reason why the U.S. spends billions of dollars borrowed two wars in the east it is for oil. Oil companies are trying to make money in this oil well that the measures on the economic disaster that awaits the final number of American ground staff to contribute. The problem with this argument is that it is complex and "conservatives" just do not want to deal with this complexity. For the answer refers to the right question. Good question ..... How long can we allow the oil mafia, which has defined U.S. policy that enriches economic power of our enemies, but ultimately to the impoverishment of American workers. Any clues?
Agribusiness corporations and the extraordinary result "farmers" are two completely different things.
In fact, most farmers have put the family into bankruptcy, so that they can use their land.
O Google, its net profit margin was 25% against cough (almost 3-fold higher than the oil companies) is:
http://money.cnn.com/2008/04/29/markets/ ...
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