Posted on 05/08/2002 7:56:22 AM PDT by joefergeson
Edited on 04/23/2004 12:04:26 AM PDT by Jim Robinson. [history]
How to say it: Your columnist is a hopeless idealist? A naive optimist? Perhaps both, for I wrote a piece in this space last September praising the Bush administration for its effort to return U.S. agricultural policy to, in the president's words, a "market-driven approach." Agriculture Secretary Ann Veneman had issued an excellent report that questioned the fundamental concept of farm subsidies. It examined the impact of subsidies and concluded that "government intervention distorts markets and resource allocation, produces unintended consequences, and spreads benefits unevenly. We cannot afford to keep relearning the lessons of the past."
(Excerpt) Read more at opinionjournal.com ...
Is it possible FR is starting to get a clue about this guy?
The liberal guest on the show was Senator Blanche Lincoln, a democrat from Arkansas. Conservative voice Novak pointed out that from 1996-2000, Ms. Lincoln received $351,085 in farm subsidies.
Crossfire went on to list several major beneficieries of 2001 farm subsidies:
John Hancock Life Insurance - $134,318
Chevron - $80,637
Archer Daniels Midland - $9,728
Scottie Pippen - $26,315
Ted Turner - $12,925
Ken Lay - $6,019
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