Biggest ripoff legislation in history is getting bigger
Check out the other major sellout by Nancy Pelosi. Remeber the $200 billion dollar Agribusiness handout legislation I raged about before? Nancy & Co. have larded on another $100 billion in pork to the tune of $300 billion!!
The bill would spend about $5 billion a year on automatic payments, mostly to farmers of five crops – corn, wheat, cotton, rice and soybeans – giving two-thirds of the money to the top 10 percent of growers. Embarrassed by the spectacle, some farm-state lawmakers pushed for payment limits, fearing a loss of public support for farm aid.
Pelosi touted a ban on payments to farm couples earning more than $2 million, 10 times higher than Bush’s $200,000 income limit.
At the same time, she backed a 50 percent increase in the actual amount of money each farmer could get. The Senate added a new $3.8 billion “permanent disaster” program to bail out farmers of drought-prone land, intensifying the push to plow fragile prairie.
“This is not even the illusion of reform,” said Rep. Ron Kind, a Wisconsin Democrat who intends to fight a $1.7 billion cut in money added by the House for conservation. “Not when you dole out $50 billion in direct payments over 10 years that bear no relation to market prices or production. … The president is right.”
I really hate it when I’m forced to agree with the worst president in U.S. History. Screw Pelosi, I’ve voting for the other chick in the next election.
Stumble it!
