I was resting at home when Marshbaum
called to ask if I wanted to go with him to look at the lettuce.
“The supermarket’s got lettuce for less
than two bucks a head,” he said enthusiastically.
“What’s so unusual about that?”
“Because it’s going to be extinct in a few
weeks.”
“You’re buying up lettuce and selling it
on eBay as antiques?” I sarcastically asked.
“Don’t be ridiculous! I’m buying the best
heads, storing them, and selling them for four
bucks in a couple of months.”
“What makes you think anyone would pay
four bucks a head when they can get them now for less than two bucks?”
“Weren’t you listening, Ink Breath? I
said, I’ll be selling them in two months. I’m buying futures. You know, like
pork belly futures.”
“Your future looks like Chapter 11,” I
said.
“California and the Southwest are in the worst
drought in decades. Wiped out much of the agricultural land. Drought’s almost
as good as winning the PowerBall. Prices have to rise.”
“But California and the Southwest got
heavy doses of rain a couple of weeks ago,” I replied.
“I’m being patient with you since you are
a city boy,” said Marshbaum, “Drought left the land barren. Rain wasn’t enough
to solve the problem, and what there was of the rain destroyed what was left. Picking
season is almost here, and there’s not a lot to pick.”
“Even if farmers have to raise their
prices to four bucks a head to survive, they should be able to break even.”
“You think farmers get even a third of
that? Wholesalers mark it up, then distributors, and then the supermarkets.”
“I hope the farmers survive,” I said.
“With
the drought and heavy rains, the farmers are having trouble making their
mortgages, and are selling what’s left of their crops at a loss.” Marshbaum
thought a moment, and then brightly said, “They can always get food stamps.”
“Congress sliced and diced the food stamp
program,” I reminded Marshbaum.
“There’s always welfare.”
“Governors have been cutting that to show
they care about expenses—and because they don’t think people on welfare vote.”
“At least the farmers will make some money
after the banks and corporations buy them out at a fair market value.”
“Banks? Corporations? Fair market? You
must have been smoking some of that lettuce. Besides, what’s a bank going to do
with a farm?”
“Turn it into a shopping mall. Better yet,
they sell it to the some fancy-suited gold-chained MBA dudes who sneak in, undercut
the family farmers, and in a year or so, they’re growing 15,000 acres of
lettuce in Oklahoma.”
“Suits
with business degrees aren’t going to pick lettuce. They have the farm workers
to exploit,” I said. “If the banks and corporations take over, the bosses will sit
back, order high quantities of everything from seed to tractors at bargain
basement discounts, buy mountains of cheap pesticide to dump on the land, hire
out a few dozen 18-wheelers to deliver the crop, and get an overpriced ad
agency to promote new-and-improved lettuce.”
“You finally have it right,” said
Marshbaum. Lettuce goes up. My profits increase. Corporate America will rule.”
“They’ll be ruling from a skyscraper in
New York,” I said. “There will be board meetings, corporate expense accounts, bottom
lines, cash-flow, liquidity, and stock options, with MBAs and lawyers worried
more about puts and calls than fertilizer and seed. They’ll plan annual conferences
on Bermuda beaches, eat salads with spiny lobster, and write off everything as business
expenses. When they have taken over all the family farms, they’ll raise prices
when there isn’t any drought or flood. They’ll charge whatever they want,
whenever they want. Just like the oil companies.”
“And what’s so wrong with that?” asked
Marshbaum. “God bless the U-S-of-A!”
“When do you think all this will happen?”
I asked.
“It already has.”
Sadly, I asked Marshbaum if we could
immediately go to the supermarket. “I think I’d just like to stand there and
look at our future.”
[Dr.
Brasch’s current book, Fracking Pennsylvania,
includes an in-depth discussion of the effects of fracking upon the nation’s
food supply.]
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