AN ARKANSAS FARMER’S VIEWPOINT RE TARIFF WARS

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I consider the Chart Room the crossroads of the world.

Last night met an Arkansas farmer and his wife at the Chart Room. Spence and Jenni. Jenni and I had met at the Chart Room two years ago. She had a copy of Irma and Me with her which I was pleased to sign. Jenni is a librarian.

More importantly, a loyal blog fan.

First time I met Spence. A third generation farmer. The farm lies in the Arkansas delta. He farms rice and soybeans. The operation significant. His cash flow $3 million a year.

He was happy to talk with me.

The tariff wars have been in effect in one place or another for two months. Spence’s cash flow is down 50 percent for those 2 months. A big hit! Anticipated it will get worse.

Spence knows his business. He is active in farm organizations. President of the Farm Bureau.

He is confused. The tariff wars should not be happening. The simple solution is to lift the new tariffs and get back to normal. Subsidies then not required.

An informative time with Spence. Educational for me.

Trump met with a representative of the European Union yesterday in the White House. Two hours. Tariffs the issue. Rose garden press conference afterwards. Kumbaya time. Everyone happy.

Trump announced victory. Reminded me of Kim and Trump’s press conference in Singapore. Kim and Trump happy. Denuclearization agreed to, etc. No details mapped out, however. Nothing has happened re North Korea since. Kim apparently fooled the President.

The EU and the U.S. have agreed to negotiate. Nothing more. As with North Korea, no details. Both indicated the goal was no tariffs.

Lets see what happens. No tariffs is pie in the sky.

Buried in the news last week was the meeting the European Union had with China. European Union representatives went to China. Not a 2 hour conference. A 2 day one.

Trump said soybeans and natural gas were high on the agenda. Europe would be buying more U.S. natural gas. Soybeans a given.

The natural gas thing a joke. It would take several years to materialize. Natural gas is a gas. There is no pipeline under the Atlantic to ship it overseas. The natural gas would have to be liquified. Need additional factories built to do it. Then transported on tankers yet to be built. Several years involved in getting everything accomplished and ready to deliver.

My first stop yesterday was actually in the morning. A doctor visit. The thing senior citizens frequently do.

My blood work, etc. all good. Within the numbers. Scares me. I am in the best shape in 40 years. Recently lost 40 plus pounds. No longer get winded.

The Rum Bar first last night. Lauri’s first time on the job. Wanted to show my support.

Got there at 6. No Lauri. Discovered she works 9 pm-4 am.

She is going to make a big dollar. I have not been in the Rum Bar in 10 years. Small inside. Small porch outside. The place was packed. At least 15 people. I have been told it is a popular late hour place for locals.

Then I hit the Chart Room where I was fortunate to meet Jenni and Spence. Kevin and Holly there, also. Chatted with them a while.

John bartending. The best in town.

My next stop was the Blue McCaw for something to eat. Wings. Great!

As I was finishing, Donna and Terri walked in. I remained a while and chatted with them.

My today begins at noon. Haircut time. Lunch afterwards at Sandy’s Cafe.

A lot of lying going on. Involving Trump one way or another.

Trump told us at one point the ladies accusing him of sex involvement were lying. All of them. We now learn that some have been paid. Perhaps all.

A great gig for women. If we are to believe Trump, lie and get paid for it.

Trump lies a lot. Does he get paid for it?

Enjoy your day!

 

 

 

 

IRMA EVACUEE REUNION

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First stop last night was Tammy. My manicurist.

The woman a charm. A mere 34 years old. Born Vietnam. In the U.S. 14 years. Already a proud U.S. citizen. She and husband Rick owners of a thriving nail business.

Always enjoy my half hour with her. We talk of many things.

Then to the main event. Irma evacuee reunion. Those of us who fled the hurricane and ended up spending 12 days as the “guests” of Jean and Joe Thornton at their Birmingham, Alabama home.

Five of us and three dogs.

We bonded.

Only one failed to make the reunion. Dan. Ann, Haywood, Joanne and her friend Tim, me, and the Thorntons at Alonzo’s.

We drank, ate and overall had a good time. Just as it was in Birmingham those 12 days when we were hiding from Irma.

I wrote Irma and Me based on the evacuee situation. Publisher still has not got it out. Thought it would be available for sale three weeks ago. Still waiting.

Most of us ended up at the Chart Room following Alonzo’s. Packed. Streets empty. The Chart Room overflowing. Tourists. I suspect our group were the only locals.

A stimulating evening for me.

Met Jenni and Spence from West Memphis, Arkansas. A great couple!

Jenni a former history teacher. I liked her right away. Now, a high school librarian. Charming and beautiful. Husband Spence a farmer. Soybeans and rice. The farm 5,500 acres. A corporation. Employs 10.

No strangers to Key West. Visit frequently.

Celebrating Spence’s 38th birthday.

I spent most of the evening talking with Spence. An education! Spence is knee deep in the farm situation, Monsanto, pending tax litigation. All tied together. He and an uncle own the farm. They work hard to keep it in their hands and not have to sell to another entity.

A constant battle. Though not hurting financially, the battle one for survival.

Spence opened my eyes to many things.

An interesting announcement in this morning’s Key West Citizen. KWAHS and the Tennessee Williams Key West Exhibit are merging. The Williams portion will continue operation at 513 Truman Ave.

Tennessee Williams lived 40 plus years of his life on Duncan Street. He authored The Rose Tattoo. During this week in 1954, Hollywood began filming The Rose Tattoo two doors up from Tennessee Williams’ home. Bert Lancaster and Anna Mangani starred. Mangani received the Oscar for Best Actress for her performance.

My daughter Lisa and family live one block in the other direction on Duncan from the Williams home.

I continue to live and learn. A commandant of the U.S. Marines was born in Key West. General Leonard F. Chapman, Jr. Born November 3, 1913. Served as the 24th Commandant of the Marines, 1968-1972.

Ran into Bill from Boston again a couple of nights ago. Would like to run into him again. An interesting person.

We talked college football the first night. I a Syracuse grad. He, Boston college.

The other night he mentioned as we passed a Boston College glory year. Not sure whether 1920 or 1922. Both glory years for Boston!

In 1920, Boston college beat Holy Cross in the season’s final game. Boston went 8-0 that year.

Nineteen twenty two another big Boston College year. Beat Holy Cross 17-13 before a crowd of 54,000. A record for attendance at the time.

Syracuse/Florida State today. Florida State a 6 point favorite. Syracuse could win.

I continue to believe the economic recovery is built on sand. The high market numbers artificially inflated by global central banks. The rich getting richer. the poor, poorer.

A recent study indicated 78 percent of Americans live pay check to pay check. Also, 71 percent are in debt.

Trump left for Asia yesterday. An 11 day trip. He will visit 5 countries.

One is China. Trump is out of his class when it comes to China’s President Xi Jinping.

Trade will be a big issue. China in a much better position than the U.S. as regards trade. If Trump achieves anything, it will be minimal.

An under current in the discussions will be oil and the petrodollar. Way back when, an agreement was entered into where most of the oil trading countries would sell oil using American dollars. A boon for the U.S. Helps keep the value of the American dollar high.

A month ago, Trump thought he was screwing Venezuela’s President Maduro. He sanctioned the hell out of Venezuela. Basically forcing American banks and business persons to stop doing business with Venezuela.

Unfortunately, Trump cannot see beyond his nose. Venezuela has the world’s largest oil reserves. Maduro announced that henceforth Venezuela would not sell its oil based on the American petrodollar. It would sell based on the Chinese petro-yuan.

The first major oil producer to break the age long pact that the American dollar was to be used. China happy. Russia, also. Other countries may follow. The result will be the devaluation of the American dollar.

Such will take place over a number of years.

Good job, Mr. President! As you claim, you are one smart man!

Enjoy your day!