the humble libertarian

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Tuesday, May 1, 2012

The 2012 Farm Bill: A Happy Marriage between Democratic Socialism and Corporate Capitalism

The pending Farm Bill is a half a trillion dollar special interest horror that's full of subsidies, corporate welfare and anti-competition measures.
Complaints are rampant about the draft 2012 Federal Farm Bill. Farm subsidy recipients are enraged about proposed cuts, even as the same benefits would flow to them through direct payments and insurance offsets. Sustainable small farm and local food efforts complain that they are getting short shrift, and corporate agriculture is busily lobbying for its favorite programs. The 46 million Americans currently enrolled in the Electronic Benefit Transfer (EBT) Program may see reductions and restrictions, and we hear that starvation looms large. Everybody wants a piece of the federal agricultural pie. But no one seems to be questioning why this monster half a trillion dollar piece of taxpayer and debt-funded socialized program is in any way good for this country. King Corn is eyeing the possible loss of the Renewable Fuels Standard (ethanol) subsidy and seeking to gain compensatory supports for corn.
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The Virginia Conservative 

Judy Morris,
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