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Big Agriculture: The Queen of Corporate Welfare

PhillupSpace2 Wrote: Jun 11, 2012 3:02 AM

Associate Justice Stevens asked the Solicitor General if you could create something in order to regulate it. So while we are out here in the ether can we also ask if the Government created the megabanks et.al., so they would be "too big to fail?" (Wasn't every Merger and Acquisition which made them larger, approved by the Government?) So now there is one more Third Rail, the Farm Bill too dangerous to touch since it commands Campaign money from just about everybody? Even before the crop is planted Government loans and Crop insurance are in play. Then, from the time the crop leaves the farm it is providing jobs for Government Union Personnel and BUYING VOTES from those who receive the food?

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Big Agriculture: The Queen of Corporate Welfare

Tea Party-minded Congressmen and ideological leftists tend to agree that corporate welfare is bad. Hence, conservatives and liberals recently teamed up to oppose adding $40 billion in loan authority to that bastion of crony capitalism, the Export-Import Bank. Unfortunately, the establishment types in both parties combined to push the extra spoils for Ex-Im through to passage.

Now an even bigger corporate welfare bill – the Farm Bill—is moving through Congress, and it’s garnering even broader support.

Every five years, the House and Senate take up a farm bill. The House is still working up details on its version....

Related Tags: Welfare Farming and Agriculture Agriculture Corporate Welfare