“Three-quarters of the payments under the 2002 farm bill have gone to the richest 10 percent of farmers.
— More than half of the $1.9 billion sugar program lines the pockets of the wealthiest 1 percent of plantation owners.
— In 2003 the biggest single recipient of farm aid was Riceland Foods in Arkansas, which bagged $69 million.
— Other “farmers” collecting payments include ExxonMobil, Chevron, International Paper and Caterpillar.”
Thank you so very much for this post.
I doubt most Americans are aware of this hornswoggle!!
B T T T
Cut the aid to large Agribusiness and small farms can get (gov insured?) basic crop insurance.
June 20, 2007
How Farm Subsidies Harm Taxpayers, Consumers, and Farmers, Too
http://www.heritage.org/Research/Agriculture/bg2043.cfm
“I doubt most Americans are aware of this hornswoggle!!”
Judging from the comments on various and sundry “ag” articles, even most of the posters here are unable to distinguish between “farming” and “agribusiness”. :(