Farmers Rips Trump Trade: We Lost Everything Since He Took Over | The Beat With Ari Melber | MSNBC


BLAME, SO IS THE FEDERAL RESERVE, YOU NAME IT. RESERVE, YOU NAME IT. HE GOES AFTER ANYBODY HE CAN, HE GOES AFTER ANYBODY HE CAN, AND HE SEEMS TO BE DOING MORE OF AND HE SEEMS TO BE DOING MORE OF THAT, LATELY. THAT, LATELY.>>WE ALSO MENTIONED>>WE ALSO MENTIONED FRUSTRATIONS AMONG FARMERS WITH FRUSTRATIONS AMONG FARMERS WITH THE PRESIDENT’S TRAIT EES’S TRAD THE PRESIDENT’S TRAIT EES’S TRAD TODAY “THE NEW YORK TIMES”’S” TODAY “THE NEW YORK TIMES”’S” PAUL KRUGMAN WROTE IT, THE PAUL KRUGMAN WROTE IT, THE FRAUDING OF AMERICA’S FARMERS, FRAUDING OF AMERICA’S FARMERS, SAYING FARMERS’ SUPPORT OF TRUMP SAYING FARMERS’ SUPPORT OF TRUMP SHOULD BE SEEN AS A FORM OF SHOULD BE SEEN AS A FORM OF AFFINITY FRAUD, IN WHICH THEY AFFINITY FRAUD, IN WHICH THEY FALL FOR A CON MAN WHO THEY FALL FOR A CON MAN WHO THEY IMAGE TO BE SOMEONE LIKE THEM. IMAGE TO BE SOMEONE LIKE THEM. AND AS IS OFTEN THE CASE IN SUCH AND AS IS OFTEN THE CASE IN SUCH FRAUDS, THE CON MAN AND HIS FRAUDS, THE CON MAN AND HIS ASSOCIATES ACTUALLY HAVE ASSOCIATES ACTUALLY HAVE CONTEMPT FOR THEIR MARKS. CONTEMPT FOR THEIR MARKS. JOINING US BY SKYPE FROM HIS JOINING US BY SKYPE FROM HIS NORTH DAKOTA FARM IS BOB CHIKYLE NORTH DAKOTA FARM IS BOB CHIKYLE A WHEAT FARMER WHO SAYS HE’S A WHEAT FARMER WHO SAYS HE’S LOST $400,000 SINCE TRUMP TOOK LOST $400,000 SINCE TRUMP TOOK OFFICE. OFFICE. BEAUTIFUL PIECE OF PROPERTY YOU BEAUTIFUL PIECE OF PROPERTY YOU HAVE THERE, BOB. HAVE THERE, BOB. WHAT’S BEEN HAPPENING WITH YOUR WHAT’S BEEN HAPPENING WITH YOUR BUSINESS? BUSINESS?>>WELL, WE LOST PRETTY MUCH ALL>>WELL, WE LOST PRETTY MUCH ALL OF OUR MARKETS SINCE TRUMP TOOK OF OUR MARKETS SINCE TRUMP TOOK OVER. OVER. HE’S DROPPED OUT OF THE TPP, HE HE’S DROPPED OUT OF THE TPP, HE GOT RID OF NAFTA. GOT RID OF NAFTA. I RAISE A LOT OF WHEAT ON MY I RAISE A LOT OF WHEAT ON MY FARM AND THE PACIFIC RIM FARM AND THE PACIFIC RIM COUNTRIES, THEY LIKE COUNTRIES, THEY LIKE HIGH-PROTEIN WHEAT, AND THAT’S HIGH-PROTEIN WHEAT, AND THAT’S WHAT WE RAISE HERE. WHAT WE RAISE HERE. SO BEING THE MARKET IS LOW, EVER SO BEING THE MARKET IS LOW, EVER SINCE LAST YEAR AT HARVEST THIS SINCE LAST YEAR AT HARVEST THIS TIME, I SOLD WHEAT FOR $5.70. TIME, I SOLD WHEAT FOR $5.70. THE MARKET TODAY IS $5.82. THE MARKET TODAY IS $5.82. THERE USED TO BE UP TO $1 BONUS THERE USED TO BE UP TO $1 BONUS ON PROTEIN FROM 12 PROTEIN TO ON PROTEIN FROM 12 PROTEIN TO 17, THERE WOULD BE A $1 SPREAD. 17, THERE WOULD BE A $1 SPREAD. RIGHT NOW THERE’S 5 CENTS. RIGHT NOW THERE’S 5 CENTS. SO WE RAISE A LOT OF SO WE RAISE A LOT OF HIGH-PROTEIN WEET,HEAT, SO WE’RE HIGH-PROTEIN WEET,HEAT, SO WE’RE TAKING ABOUT A $2 HIT FROM LAST TAKING ABOUT A $2 HIT FROM LAST YEAR, $2 TO $3 HIT. YEAR, $2 TO $3 HIT. AND WE’RE ABOUT $70 TO $75 AN AND WE’RE ABOUT $70 TO $75 AN ACRE WE’RE LOSING BY HARVESTING ACRE WE’RE LOSING BY HARVESTING A LITTLE BIT ABOVE AVERAGE CROP A LITTLE BIT ABOVE AVERAGE CROP RIGHT NOW. RIGHT NOW.>>SO HOW DO YOU KEEP GOING?>>SO HOW DO YOU KEEP GOING?>>WELL, OLDER GUYS LIKE US,>>WELL, OLDER GUYS LIKE US, WE’VE BUILT UP EQUITY ALL OUR WE’VE BUILT UP EQUITY ALL OUR LIVES. LIVES. MOST FARMERS ARE LAND RICH AND MOST FARMERS ARE LAND RICH AND CASH POOR, SO WE’LL TAKE OUT CASH POOR, SO WE’LL TAKE OUT LOSS LOANS AND STUFF AGAINST OUR LOSS LOANS AND STUFF AGAINST OUR LAND AND GO BACKWARDS ON THE LAND AND GO BACKWARDS ON THE LAND THAT WE PAID FOR. LAND THAT WE PAID FOR. BUT THERE’S A LOT OF YOUNG BUT THERE’S A LOT OF YOUNG FARMERS OUT THERE THAT DON’T FARMERS OUT THERE THAT DON’T HAVE EQUITY. HAVE EQUITY. AND I WORRY ABOUT THEM, BECAUSE AND I WORRY ABOUT THEM, BECAUSE THEY’RE GOING TO — THEY’RE NOT THEY’RE GOING TO — THEY’RE NOT GOING TO BE ABLE TO WITHSTAND GOING TO BE ABLE TO WITHSTAND THIS. THIS. ONE OF MY NEIGHBORS, YOUNG ONE OF MY NEIGHBORS, YOUNG NEIGHBORS TOLD ME THE OTHER DAY, NEIGHBORS TOLD ME THE OTHER DAY, HE SAID, IF HIS BANKER SAYS IF HE SAID, IF HIS BANKER SAYS IF WHEAT ISN’T $4.50, THERE’S GOING WHEAT ISN’T $4.50, THERE’S GOING TO BE A BLOODBATH THIS FALL. TO BE A BLOODBATH THIS FALL. SO IT’S NOT LOOKING GOOD FOR SO IT’S NOT LOOKING GOOD FOR FARMERS AT ALL. FARMERS AT ALL. I KNOW WE’RE GETTING SOME I KNOW WE’RE GETTING SOME PAYMENTS COMING IN HERE. PAYMENTS COMING IN HERE. WHERE I’M AT, WE’RE GOING TO GET WHERE I’M AT, WE’RE GOING TO GET LIKE $15 AN ACRE, SO THAT’S LIKE $15 AN ACRE, SO THAT’S STILL GOING TO PUT ME AT A $60 STILL GOING TO PUT ME AT A $60 AN ACRE LOSS. AN ACRE LOSS.>>WOW.>>WOW. YOU DID NOT VOTE FOR PRESIDENT YOU DID NOT VOTE FOR PRESIDENT TRUMP, YOU TOLD US, BUT POLLS TRUMP, YOU TOLD US, BUT POLLS SHOW HE DOES STILL HAVE SOME SHOW HE DOES STILL HAVE SOME SUPPORT FROM THE FARMING SUPPORT FROM THE FARMING COMMUNITY. COMMUNITY. BUT ARE YOU SENSING IN THE BUT ARE YOU SENSING IN THE PEOPLE AROUND WHERE YOU LIVE A PEOPLE AROUND WHERE YOU LIVE A CHANGE, A SHIFT? CHANGE, A SHIFT?>>I THINK THERE WAS A LOT OF>>I THINK THERE WAS A LOT OF PEOPLE WHO VOTED FOR HIM THAT PEOPLE WHO VOTED FOR HIM THAT WANT TO STAY LOYAL TO HIM, BUT WANT TO STAY LOYAL TO HIM, BUT IT’S GOING TO GET TO THE POINT IT’S GOING TO GET TO THE POINT WHERE FINANCIALLY, IF IT’S WHERE FINANCIALLY, IF IT’S BETWEEN SUPPORTING THE PRESIDENT BETWEEN SUPPORTING THE PRESIDENT OR LOSING YOUR FAMILY FARM, THIS OR LOSING YOUR FAMILY FARM, THIS IS SOMETHING WE’VE HAD IN OUR IS SOMETHING WE’VE HAD IN OUR FAMILY FOR FOUR GENERATIONS AND FAMILY FOR FOUR GENERATIONS AND I KNOW THERE’S FAMILIES WITH I KNOW THERE’S FAMILIES WITH FIVE OR SIX GENERATIONS ON THE FIVE OR SIX GENERATIONS ON THE SAME FARM, IF THEY’RE GOING TO SAME FARM, IF THEY’RE GOING TO LOSE THAT, I THINK THEY’RE GOING LOSE THAT, I THINK THEY’RE GOING TO LOSE THEIR LOYALTY REALLY TO LOSE THEIR LOYALTY REALLY FAST. FAST.>>WELL, BOB KYLEN, WE WISH YOU>>WELL, BOB KYLEN, WE WISH YOU WELL. WELL. IT’S ONE OF THE GREAT AMERICAN IT’S ONE OF THE GREAT AMERICAN RESOURCES, IS THE FAMILY FARM. RESOURCES, IS THE FAMILY FARM. AND THANK YOU SO MUCH FOR TAKING AND THANK YOU SO MUCH FOR TAKING THE TIME TO TALK TO US TODAY. THE TIME TO TALK TO US TODAY.>>THANK YOU.>>THANK YOU.>>CLARENCE PAGE, WHAT DO YOU>>CLARENCE PAGE, WHAT DO YOU SAY TO THAT? SAY TO THAT? HE’S SAYING THERE COULD BE A HE’S SAYING THERE COULD BE A BLOODBATH? BLOODBATH?>>INDEED.>>INDEED. BECAUSE OF THIS CURRENT CRISIS BECAUSE OF THIS CURRENT CRISIS WIN, WIN, I LEARNED THAT ILLINOIS LEADS I LEARNED THAT ILLINOIS LEADS THE COUNTRY ON SOY PRODUCTION. THE COUNTRY ON SOY PRODUCTION. I DIDN’T REALIZE THAT, BUT I DIDN’T REALIZE THAT, BUT ILLINOIS IS A MANUFACTURING ILLINOIS IS A MANUFACTURING STATE AND AN AGRICULTURAL STATE. STATE AND AN AGRICULTURAL STATE. AND WE’RE SEEING THE SAME KIND AND WE’RE SEEING THE SAME KIND OF REACTION IN ILLINOIS AS A OF REACTION IN ILLINOIS AS A RESULT OF THIS CURRENT CRISIS. RESULT OF THIS CURRENT CRISIS. NOBODY REALLY KNOWS WHERE THIS NOBODY REALLY KNOWS WHERE THIS CURRENT TRADE WAR IS GOING TO CURRENT TRADE WAR IS GOING TO GO. GO. TRADE WARS ARE A DANGEROUS TRADE WARS ARE A DANGEROUS MATTER TO GET INTO. MATTER TO GET INTO. AND PRESIDENT TRUMP IS DOING ALL AND PRESIDENT TRUMP IS DOING ALL HE CAN TO MAKE IT LOOK GOOD, BUT HE CAN TO MAKE IT LOOK GOOD, BUT PEOPLE ARE FEELING THE PAIN OUT

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