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To: Brujo

Well actually there has always been the idea there
was a subsidy,because there was what was called a
price support program where if the tobacco didn`t
bring the support price it went into the gov warehouse
where it would later sell.

It`s my understanding it didn`t cost the taxpayer as
it was eventually sold at the price the gov paid.


67 posted on 07/23/2007 3:18:48 PM PDT by 31M20RedDevil (Fred Thompson for President)
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To: 31M20RedDevil
Hmm, maybe that's what I was thinking of. To an outsider such as myself, subsidy and price support programs look fairly similar.

I see what you're saying about cost, though. Assuming it gets sold at the supported price, the cost structure is certainly different than it would have been in a pure subsidy program.

75 posted on 07/23/2007 3:29:20 PM PDT by Brujo (Quod volunt, credunt.)
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