- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Penny auctions during the great depression to save farms
Posted on 7/27/22 at 9:24 am to stout
Posted on 7/27/22 at 9:24 am to stout
quote:
Fascinating how people banded together vs how society is now.
How many of you have been kicked when you are down? When the tables are eventually turned and you are in a better position....are you going to rush to take care of strangers?
Some of you will and I applaud that. But you are spot on that society today seems to be more of a dog eat dog world. Eat or be eaten. Grow or die. Invest or rot away. As a libertarian I'm okay with that on principle, even though I have moral objections to how some people take advantage of it (not just around farms).
Penny auctions are cool to read about, but I'm conflicted about them. Nooses and "soft threats" against legitimate bidders (some of which are also trying to buy affordable equipment and save their own farms) have got to be on questionable legal ground.
On the other hand, there are some corporate pricks that were there to accelerate the agricultural consolidation trend. And they didn't really stop it. My grandparents grew up on some of those smaller farms that were eventually sold to larger corporate operations. When those larger operations eventually fold and start selling off - I'll probably be there to pick the bones if I'm still alive to do it.
Posted on 7/27/22 at 11:39 am to dewster
quote:
Penny auctions are cool to read about, but I'm conflicted about them. Nooses and "soft threats" against legitimate bidders (some of which are also trying to buy affordable equipment and save their own farms) have got to be on questionable legal ground.
Very fascinating. It certainly evokes a natural sense of wanting to see the little guy and communities succeed.
On the other hand, when the creditor is a local bank and gets stiffed by its debtors it: (1) stops providing credit to said community, starving the community’s long term economic prospects, and (2) even worse goes under and takes everyone’s uninsured deposits with them. Much of this happened before FDIC insurance was put into place.
The Great Depression is just such a fascinating period of history where right and wrong got thrown into the blender. Thanks for sharing.
Popular
Back to top
Follow TigerDroppings for LSU Football News