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Lawyer for 240,000 Farmers

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Manage episode 380630125 series 3454322
Contenu fourni par Michael Olson. Tout le contenu du podcast, y compris les épisodes, les graphiques et les descriptions de podcast, est téléchargé et fourni directement par Michael Olson ou son partenaire de plateforme de podcast. Si vous pensez que quelqu'un utilise votre œuvre protégée sans votre autorisation, vous pouvez suivre le processus décrit ici https://fr.player.fm/legal.

Attorney Sarah Vogel, Author, The Farmers Lawyer

BOOM! It was 1914 and the world was at war. Europe was being torn to shreds by trench warfare, and wherever the trenches went, the land was certain to be in fallow.

It was hungry times for America’s friends and foes alike. What America had at that time that the nations of Europe did not have was farmland and farmers. American farmers were given the opportunity to grow food, and so they borrowed money, plowed up the ground, grew food for the world, and made money.

BUST! When World War I ended in 1918, America’s European friends and foes alike turned their swords back into plowshares and returned to the business of feeding themselves. This left American farmers with a lot of crops to sell, but without enough buyers willing to buy those crops.

And so, while America’s city-dwellers enjoyed the exuberance of the Roaring Twenties with its soaring stock market, American farmers struggled with their collapsed markets and bank loans. Then came the dry winds of drought, and many of America’s farmers withered up drifted away.

This boom and bust farming cycle has throughout history. Take the first decade of the second millennium, for another example. During the early years of the decade, times were good and farmers borrowed big. But the tide had turned by 2005, and by 2008 farms were being foreclosed, farmers were leaving the land, and farmland was being consolidated into ever fewer hands.

Then Attorney Sarah Vogel went back home to North Dakota, hung her shingle, and sued the federal government on behalf of 240,000 farmers. She won, and many of the farmers were able to keep their farm. But attorney Vogel’s big win did not stop the cycle of boom and bust farming. And so we ask:

Can the booms and busts of farming be eliminated?

  continue reading

47 episodes

Artwork
iconPartager
 
Manage episode 380630125 series 3454322
Contenu fourni par Michael Olson. Tout le contenu du podcast, y compris les épisodes, les graphiques et les descriptions de podcast, est téléchargé et fourni directement par Michael Olson ou son partenaire de plateforme de podcast. Si vous pensez que quelqu'un utilise votre œuvre protégée sans votre autorisation, vous pouvez suivre le processus décrit ici https://fr.player.fm/legal.

Attorney Sarah Vogel, Author, The Farmers Lawyer

BOOM! It was 1914 and the world was at war. Europe was being torn to shreds by trench warfare, and wherever the trenches went, the land was certain to be in fallow.

It was hungry times for America’s friends and foes alike. What America had at that time that the nations of Europe did not have was farmland and farmers. American farmers were given the opportunity to grow food, and so they borrowed money, plowed up the ground, grew food for the world, and made money.

BUST! When World War I ended in 1918, America’s European friends and foes alike turned their swords back into plowshares and returned to the business of feeding themselves. This left American farmers with a lot of crops to sell, but without enough buyers willing to buy those crops.

And so, while America’s city-dwellers enjoyed the exuberance of the Roaring Twenties with its soaring stock market, American farmers struggled with their collapsed markets and bank loans. Then came the dry winds of drought, and many of America’s farmers withered up drifted away.

This boom and bust farming cycle has throughout history. Take the first decade of the second millennium, for another example. During the early years of the decade, times were good and farmers borrowed big. But the tide had turned by 2005, and by 2008 farms were being foreclosed, farmers were leaving the land, and farmland was being consolidated into ever fewer hands.

Then Attorney Sarah Vogel went back home to North Dakota, hung her shingle, and sued the federal government on behalf of 240,000 farmers. She won, and many of the farmers were able to keep their farm. But attorney Vogel’s big win did not stop the cycle of boom and bust farming. And so we ask:

Can the booms and busts of farming be eliminated?

  continue reading

47 episodes

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