Republicans, full of hypocrisy, claim to balance the budget by cutting food stamps for the poor but increasing Welfare for the Rich in the form of taxpayer funded crop insurance for BIG FARMERS. Imagine buying a Ferrari, having the US taxpayer subsidize your insurance premium, and getting to drive recklessly because you will get a new car anyway. This sweet deal for BIG FARM stinks to high heaven! "Fincher (R-Tennessee) is not alone in disgrace, even among his Congressional colleagues, but he makes a lovely poster boy for a policy that steals taxpayer money from the poor and so-called middle class to pay the rich, while propping up a form of agriculture that’s unsustainable and poisonous. Knowing that direct subsidy payments are under the gun, our clever and cynical representatives are offering a bait-and-switch policy that will make things worse, and largely replace subsidy payments with an enhanced form of crop insurance — paid for by us, of course — which will further reduce risks for commodity farmers. As Craig Cox explained, “The proposed crop insurance would allow — no, encourage — big farmers to plant corn on hillsides, in flood-threatened areas, even in drought-stricken areas, with subsidized premiums and deductibles, and see a big payout if” — should we say “when”? — “the crop fails or is damaged.” You should get such a deal on insurance: the premiums and deductibles are subsidized and there’s no limit to what can be paid, so bigger farms and bigger risks reap bigger rewards in the event of failure, even if that was a failure of judgment."
Posted on: Wed, 05 Jun 2013 13:30:41 +0000
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