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California farmers to destroy 420k peach trees following Del Monte bankruptcy

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Re: California farmers to destroy 420k peach trees following Del Monte bankruptcy

#471

Earlier quoted context omitted.

It seems like all you're doing is agreeing that there is no plausible non-corrupt reason to do that.

The problem is not that the government is helping the problem is that private capital is getting the benefits instead of all the citizens. I think Americans have after decades of propaganda are stuck with government bad narrative as both parties are captured by capitalist that won't allow the their bought politicians to do anything for citizens. Mamdani in NY will be an interesting case study in the future.

> The problem is not that the government is helping the problem is that private capital is getting the benefits instead of all the citizens.

The government is giving them money -- to do something stupid. There is no apparent non-corrupt reason to do that. It wouldn't be better if the government was also offering ordinary people cash money to destroy productive fruit trees.

Whereas if the government was to help "all of the citizens" then they would all be getting the money and not have to do something stupid in order to get it. But the thing that looks like is either just lowering their taxes to begin with, or doing a UBI if the point of it is redistribution. In neither case is paying anyone to do economically inefficient nonsense a good policy.

Re: California farmers to destroy 420k peach trees following Del Monte bankruptcy

#472

Earlier quoted context omitted.

Yes, it is the same way you buy a home mortgage or get an auto loan. You find a bank that thinks there it can make money from interest payments or collecting the asset. it really is that simple. If self driving trucks were a good bet, banks would be happy to loan entrepreneurs money to buy them.

It’s entirely different. When I buy a car, as I’ve done a few times now, that debt is mine. I’m responsible for it. When I bought my corvette, despite the fact that I can’t drive it about four months out of every year, I’m still responsible for those payments. And if those payments were to stop: - the asset would be repossessed - the bank would wreck my credit And most importantly IMO, to really spotlight it: I am pa…

That's crazy talk. The car should take on the debt, and if it can't pay it then it should declare bankruptcy and leave you unscathed.

Re: California farmers to destroy 420k peach trees following Del Monte bankruptcy

#473
post #188

Earlier quoted context omitted.

Placing it at the root of the trees makes a ton of sense as it increases yields and lowers need for inputs. Also helps with the compaction from all the mechanization in the orchards. Selling it as fuel is maybe some added revenue in the short term but really just doesn't make sense. Now if you were getting a premium (lumber, specialty hardwood, etc), then processing and selling could make sense

The parent suggested it would be discarded; chipping it for mulch to be used on site isn't really discarding and I agree it's most likely better than selling it.

They just leave it in place mostly. Sometimes in big mounds that become berms over a few years. Discarding wood chips is actually very expensive.
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