Why You're Paying More to Eat: USDA Farm Subsidies have stolen TRILLIONS from US Taxpayers since 1930s - IOWA alone over $1.2TRILLION!
Thursday, April 17, 2014 18:50
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What ‘they’ can’t get from us on direct taxes ‘they’ do it by crook, and cranking out subsidies to their comrades and the connected.
This corporatist corruption is their passport to generational comfort at our and our children’s’ serfdom. If your idea of a struggling farmer is still on a Kellogg’s cereal box, it’s time to reload and drink less milk!
First they grab the farmers’ land by pulling them into urban factory jobs. Then they take those jobs away by sending them overseas. Poof! The same tactic will be used on Communist China. Pete and Repete.
Get a grip on this and you can begin to figure out why local ordnances prohibiting residential farming are becoming all the regulatory rage to stifle competition while letting the GMOs motor on.
First they grab the farmers’ land by pulling them into urban factory jobs. Then they take those jobs away by sending them overseas. Poof! The same tactic will be used on Communist China. Pete and Repete.
Get a grip on this and you can begin to figure out why local ordnances prohibiting residential farming are becoming all the regulatory rage to stifle competition while letting the GMOs motor on.
From Wikipedia, the free encyclopedia
An agricultural subsidy is a governmental subsidy paid to farmers and agribusinesses to supplement their income, manage the supply of agricultural commodities, and influence the cost and supply of such commodities.
Examples of such commodities include wheat, feed grains (grain used as fodder, such as maize or corn, sorghum, barley, and oats), cotton, milk, rice, peanuts, sugar, tobacco, and oilseeds such as soybeans.
United States
From a Congressional Budget Office report
The United States currently pays around $20 billion per year to farmers in direct subsidies as “farm income stabilization”[9][10][11] via U.S. farm bills. These bills pre-date the economic turmoil of the Great Depression with the 1922 Grain Futures Act, the 1929 Agricultural Marketing Act and the 1933 Agricultural Adjustment Act creating a tradition of government support.
The beneficiaries of the subsidies have changed as agriculture in the United States has changed. In the 1930s, about 25% of the country’s population resided on the nation’s 6,000,000 small farms. By 1997, 157,000 large farms accounted for 72% of farm sales, with only 2% of the U.S. population residing on farms. In 2006, the top 3 states receiving subsidies were Texas (10.4%), Iowa (9.0%), and Illinois (7.6%). The Total USDA Subsidies from farms in Iowa totaled $1,212,000,000 in 2006.[12] From 2003 to 2005 the top 1% of beneficiaries received 17% of subsidy payments.[12] In Texas, 72% of farms do not receive government subsidies. Of the close to $1.4 Billion in subsidy payments to farms in Texas, roughly 18% of the farms receive a portion of the payments.[13]
“Direct payment subsidies are provided without regard to the economic need of the recipients or the financial condition of the farm economy. Established in 1996, direct payments were originally meant to wean farmers off traditional subsidies that are triggered during periods of low prices for corn, wheat, soybeans, cotton, rice, and other crops.”[14]
Top states for direct payments were Iowa ($501 million), Illinois ($454 million), and Texas ($397 million). Direct payments of subsidies are limited to $40,000 per person or $80,000 per couple.[14]
The subsidy programs give farmers extra money for their crops and guarantee a price floor. For instance in the 2002 Farm Bill, for every bushel of wheat sold, farmers were paid an extra 52 cents and guaranteed a price of 3.86 from 2002–03 and 3.92 from 2004–2007.[15] That is, if the price of wheat in 2002 was 3.80 farmers would get an extra 58 cents per bushel (52 cents plus the $0.06 price difference).
Corn is the top crop for subsidy payments. The Energy Policy Act of 2005 mandates that billions of gallons of ethanol be blended into vehicle fuel each year, guaranteeing demand, but US corn ethanol subsidies are between $5.5 billion and $7.3 billion per year. Producers also benefitted from a federal subsidy of 51 cents per gallon, additional state subsidies, and federal crop subsidies that can bring the total to 85 cents per gallon or more. However, the federal ethanol subsidy expired December 31, 2011.[16] (US corn-ethanol producers were shielded from competition from cheaper Brazilian sugarcane-ethanol by a 54-cent-per-gallon tariff, however that tariff also expired December 31, 2011.[17][18])
Excerpted from Wikipedia
Excerpted from Wikipedia
AND YOU THINK THIS IS THE TOTAL OF THE GREAT FLEECE – CLICK ON THIS IMAGE TO SEND YOU INTO A HISSY FIT ~
Enter a zip code and find out WHO gets the plunder
Source: http://chasvoice.blogspot.com/2013/09/subsidies-to-agribusiness-may-be.html
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