Last week, while everyone was enraptured by the trio of Obama
administration scandals, Congress was hard at work fleecing American
taxpayers.
This time, they’re doing it with a multi-billion dollar bill to subsidize farmers. The bill is a maze of agribusiness subsidies, welfare payments and “green” crony capitalism spending. Programs in the farm bill include: income support for farmers, price controls on select crops, government guaranteed loans and special subsidized crop insurance for farmers.
The problem is not agriculture per se. It’s that once the money flows, it becomes impossible to turn off the gushing payment spigot to demanding recipients.
http://www.capitolhilldaily.com/2013/05/farm-bill-starves-taxpayers/
This time, they’re doing it with a multi-billion dollar bill to subsidize farmers. The bill is a maze of agribusiness subsidies, welfare payments and “green” crony capitalism spending. Programs in the farm bill include: income support for farmers, price controls on select crops, government guaranteed loans and special subsidized crop insurance for farmers.
The problem is not agriculture per se. It’s that once the money flows, it becomes impossible to turn off the gushing payment spigot to demanding recipients.
http://www.capitolhilldaily.com/2013/05/farm-bill-starves-taxpayers/
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