This is a backdoor way to get congress to quit spending pork on local farmers. Where's the downside?
Subsidies DO NOT support small farmers; susidies are to the conglomerates like ADM (Arthur-Daniel-Midlands) and Con-Agra Foods, etc. These are the corporate support donators that keep politicians in office, not the little guys. They've got sweetheart deals up the wazzoo, and for those of us old enough to remember some of the shenanigans that go on in these pork deals, remember Billy Sol Estes and his cotton subsidies?
This "one world order" crap is no more than world-wide socialism. We now do it via "foreign aid", to buy off dictators and subsidize competitors and moving our production off-shore to avoid the cost of labor and services in the USA. There's no end to it. None of the Third World could compete with U.S. technology, so the trend now is to sell the technology, and exploit the Third World Labor. You (the U.S. citizen) cannot compete with them now due to the tax load you carry. If you were taxed at less than (all hidden and overt taxes) the current 50%+ you are currently paying, you could live on a lower wage, too.
I'm almost ready to adopt a tag-line I saw on FR a while back...."Live free or move"