Joseph Ring retweeted
Cattle and land are too cheap.
I hate to admit I’m out of touch but I haven’t bought a new tractor since 2012. When I saw this one with 1400 hours for $170,000, I thought they were asking way too much. Then I priced new ones. A new tractor like this is just shy of $400,000. I couldn’t believe it. I paid $174,000 for a new ivt 8225R in 2012. The bigger row crop tractors are now closer to $600k!
My back has gotten tired of running a 4850 for baling and I sure would like to upgrade because we’ve grown the Colorado operation to over 1500 acres of mostly irrigated land and it’s requiring a lot of time in the seat, but things just don’t add up, even with $400/ton hay and $3.50 feeders, and I really don’t expect either to stay this high for much longer.
I keep hearing that cattle and land are too high, but when you look at costs in agricultural inputs, they certainly are not.
If you’re in the camp that land and cattle prices are crazy, welcome to the club of being 15 years out of touch with reality.
Listening to @ChrisWillx "fractional reserve banking is why we don't know who modern medal of honor recipients are."
Sorry is this the @VanceCrowe podcast?
Joseph Ring retweeted
The boomer solution: freeze property tax for people over 65 so all future inflation will be double paid by the “young”
“I’m old. I’ve paid my home off,” said Ray Warner, a 72-year-old Akron resident. “Why would I pay property tax?”
Across the country, homeowners are asking the same question and revolting against property taxes at a scale not seen in a half century.
politico.com/news/magazine/2…
Joseph Ring retweeted
Replying to @gwiesefarms
All the older successful farmers at the coffee shop who say “it was tough but buying that farm was the best thing I ever did” remind me of this diagram.
You only hear from the ones who made it. You don’t hear from the one who committed suicide in the barn after he couldn’t make a payment. Or the one who added so much stress to his life his marriage crumbled. Or the one who not only lost the newly purchased farm, but also dad’s original quarter.
Planning on future inflation, and more “good times ahead” is nothing but pure speculation.
Farmland prices have nothing to do with the lands actual production value. It’s all propped up by crop insurance, speculation, ethanolc etc. I think at some point this bubble pops. The board needs a reset
Do clapped out 90s payloaders count as things that go up in value?
Joseph Ring retweeted
Replying to @agave_redux
They really are trying to run plays for a game that no longer exists.
Joseph Ring retweeted
Okay. I’ll take the bait.
I went to work for Peter in 2013 with opposite politics.
He sat me down right at the beginning.
PETER: “I don’t want the (Thiel) Foundation to do good that the market can do. That is the job of the market. Likewise, I don’t want to do the good work that is seen as good. That work can be done by people richer, weaker and more needy of approval than we are. I want us to do only the work that is *deeply* good but somehow confused for being evil, because that is the work of the courageous and the strong. We strive to be both and that is where a small foundation can make the greatest positive difference. Go look for such good and let’s do that. But remember. Good has TWO different antonyms. What is “bad work”? It could be seen as shoddy work. Or it could be seen as evil work. And we can’t do shoddy work. Why? Because evil that isn’t competent never gets to be evil. It’s just pathetic. So we have to be exceptionally competent at the good work which we do to make sure it is always confused for evil.”
I thought it totally logical. So that’s the argument. And that’s classic Peter.
This is an old idea of his. And now you know.
Joseph Ring retweeted
There are only five levels of income:
Level 1 - you work
Level 2 - your team works
Level 3 - your systems work
Level 4 - your product works
Level 5 - your money works
Joseph Ring retweeted
Replying to @UziCryptoo
Minimum wage in 1963 in the US was $1.25
That was 5 silver quarters.
Today the melt value of those 5 silver quarters is $57.90.
Instead, US Federal minimum wage is $7.25
That's the whole ruse...that's the whole game.
@wbmosler
Joseph Ring retweeted
This is how Christianity failed.
Believers see Christianity as revealed truth, but whether you believe or not, religion serves an earthly purpose, and that purpose is to hold civilization and the family together.
Understand this — we can argue all day about whether a creator god exists. You think yes, I think no, we debate.
But that debate is inconsequential. It's just the high-IQ equivalent of a pick-up game of basketball. Because it's not important what you believe... it's important what your beliefs make you do.
For over a thousand years, Christianity held the family together by tying sex to family responsibility, through marriage.
And for over a thousand years, Christianity held civilization together by tying marriage to male productivity and prosocial behavior.
These two links forged a chain that ran directly from "building civilization" to "getting laid".
Men who helped civilization along got laid. Men who didn't, didn't. This supported civilization in two ways. First, in the individual lives of men, it was motivational. Men worked hard and did useful things because that was how you got a pretty wife who was nice to you. Second, across generations, it was eugenic. Anti-civilizational men didn't get to have as many children.
That's how Christianity helped build civilization in the West.
Now, any religion could have done this, so long as it had certain traits. And in other places and times, other religions did do this. But in the West, it was Christianity in particular that did this job.
So why is the non-believer praising Christianity? Because I'm a non-believer, not an angry reddit church-hater. I'm interested in what's actually going on. If Christianity does a good thing, I'm going to say so.
Unfortunately, the praise stops here, because the reverse is also true. We have to fearlessly look at where Christianity failed, and why it no longer serves the civilization and family preserving functions that it once did.
Having created these two causal links:
"If you get married, you can have all the sex you want."
and
"If you work hard and do the right thing, you can marry a desirable woman."
... Christianity's responsibility was to preserve them.
The driving force behind civilization wasn't religious zeal. It was always the male libido.
(And yes, later, also love for your children. But that's a different topic for another day.)
So long as these two things remained true, the powerful engine of male libido would continue to pull the train of civilization.
The responsibility of Christianity, as an earthly institution, was to make sure these two things remained true forever, regardless of what changes technology wrought.
It failed.
Christianity failed to preserve the second link in its chain. Here's how and why.
In any agrarian society, from the neolithic era to early America, a teenage boy is functionally a man. He can do farm labor, he can fight wars, he can serve an apprenticeship and become a craftsman.
So if he wants sex, and what teenager doesn't, he can get married. Because he is a productive, respected member of the community, and all the women are socialized to want exactly that.
This is no longer true.
Christianity failed to defend marriage, because it thought "defending marriage" meant lecturing young people about getting married, instead of making sure they could.
Christianity sat by while women entered the workforce and earned as much as men. It sat by while women amassed more political power, social status, and respect than men.
When this happens, men can't marry, because women are genetically programmed to marry up.
Not down.
Not across.
Up.
If the average woman regards the average man as her equal, weddings are going to become increasingly rare. And the average Western woman does not regard the average man as her equal. She regards him as her inferior. She is egged on in this by every Hollywood movie, every show on television, every book in the bookstore, every story in the newspaper, every speech by every politician, on both sides of the aisle.
Christianity failed to stop this.
Worse yet, Christianity allowed the age where a man could even afford to marry to increase from 15 to 20 to 25 to 30.
With enough lectures and social pressure, you can stop teenagers from having sex until they are 15. In strict religious communities full of zeal, you might even hold some of them back until 18 or 20.
But if dudes can't afford a home or a wife until 30 or 35, what the hell do you expect them to do? Of course they're going to fornicate.
But Christianity did nothing about this either, because that would have meant taking on people with serious economic and institutional power, the scribes and Pharisees of our day.
It was much easier to lecture young people, because young people don't have any power.
So the Christians fought a culture war with the left, a war of condom-based sex education versus abstinence-only sex education, over who was better at preventing "teen pregnancy".
And no one stood up and shouted the obvious truth, like this:
"Teenage girls are supposed to get pregnant, you fucking noodle! What the hell do you think they get horny for?"
Nature, or god if you like, programmed teenagers to be horny so that you can have more humans. The command is right there in the bible "Be fruitful and multiply."
But somehow Christianity, the earthly institution, twisted this into "keep it in your pants".
No religion can fight human genetic programming and win.
It's not supposed to. It's supposed to work with that programming, not fight it. It's supposed to channel those instincts into healthy ways of life, not suppress them.
But lectures were easier.
Christianity forgot that traffic laws are not a highway. You cannot drive on a lecture about traffic safety and get to where you are going. You have to actually maintain a fucking road.
The path forward for young men's sexual urges no longer runs through work, marriage, and children. It runs though pickup artistry and looksmaxxing and hookup culture.
Christianity is perfectly willing to take on all of these things, but it is unwilling to pick a fight with the real political, economic, and institutional powers that gave rise to them.
This is why young people abandoned the church in droves, generations ago. Churches simply no longer had answers to the problems that they really had, and the needs they really felt.
Now they're all on reddit making edgy posts about how god is a monster, but that's only what they think they mean.
What they actually mean is that the church failed them.
Joseph Ring retweeted
Just a reminder. If DT stays out of beef biz. Today Cattle are likely 250+,boxes 400 and retails are right where they are now. Consumer would have adjusted and all things would feel normal.
Joseph Ring retweeted
Replying to @KINGS1973
Once not long ago, in Donny’s first rodeo, I sold $0.83 home raised fats, boxes $400+. Packer adjusted quite well to $1k hd. Consumer adj to price gouging and nothing felt normal.
Should he have imported 300k ‘lean-beef trimmers’ then??
Market signaled this day would come.
Joseph Ring retweeted
Replying to @JimSmith87
Confidence is the limiting factor.
At these record prices the Fed has tried to meddle in the market every 6 months with some tactic.
Land is at a record prices, and the current land holdera seem pretty content to sit or sell at non Ag values.
Interest is mighty high, and we have that darn old war driving up the barrels of black stuff.
(I have expanded the whole time)
Y Combinator x US Army.
What a time to be alive.
youtube.com/shorts/iOeW40N-1…
You can just do things.
Went to the snow bid meeting for the 2nd largest UPS air hub in the country. Met the management team and reps from the big 4 snow contractors in the US.
Coolest airport tour a guy could ask for.
Joseph Ring retweeted
Will farms like this be allowed to vouch for their illegal employees?
Gee, I wonder why they can't find Americans to do the work of milking cows????
@SecRollins
Donald Trump tells farmers they can vouch for immigrants youtu.be/V83OYHfX9hI?is=S_gU… via @YouTube
If your mad at the Supreme Court for yesterday’s decision but not mad @realDonaldTrump @SecRollins for the same defacto policy your involved in personality politics not citizenship.
Joseph Ring retweeted
I bring home a trapped coyote and let it loose in the kitchen.
Hackles up. Teeth bared. Pissing on the floor.
My wife says, "Get it out."
I tell her that is a very unwelcoming and unchristian way to speak about a future house pet.
The children back into the hallway.
I tell them it's a rescue.
I tell them fences are fear.
I tell them cages are barbaric.
I tell them the old rules were cruel.
I tell them it will domesticate in time.
Then I grab my lunchbox and leave them to live with my principles.
When I get home, there is blood on the floor, and the experts who sold me on compassion are already explaining why nobody could have seen this coming.
Anyway, that's Western migration policy.
Joseph Ring retweeted
Remember that time @josephring4 and @Crockett4848 told me I could build my own badass solar charger....
Me wife: WTF is all this stuff?
Me: My Twitter friends made me do it....
























