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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsGroup of big farms gets bulk of Trump bailout funds
A tenth of US farm operators have received more than half the money from a federal bailout designed to offset the costs of the Trump administrations trade battles, data show.
Some use legal loopholes to collect multiples of a $125,000 cap on payments.
The government had doled out $8.5bn ahead of last Fridays application deadline for farmers, the US department of agriculture said. The White Houselaunched the Market Facilitation Program in September after China, Mexico and other countries fought back against US tariffs by raising duties on American farm goods, depressing their price.
https://dnyuz.com/2019/05/19/group-of-big-farms-gets-bulk-of-trump-bailout-funds/
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Somehow, I don't think it was the small family farms that used the legal loopholes to skirt the intent of the program.
Iliyah
(25,111 posts)And the small farms are left out. Greedy big farms get the money. American consumers get screwed.
WhiteTara
(29,699 posts)Wounded Bear
(58,629 posts)bribes so that "farmers" will continue to vote for the guy whose torching their farms so that BigAg can buy them out at pennies on the dollar.
NewJeffCT
(56,828 posts)2naSalit
(86,509 posts)Botany
(70,483 posts)Fuck 'em. The information was all out there that Trump was a mobbed up
grifting con man who didn't pay his bills, laundered money, and was bat shit
crazy too but still they voted for him because Hillary was a dyke b***h w/a
liberal agenda that has to be stopped.
safeinOhio
(32,658 posts)Cadillacs to get aid. Welfare Queens.
mopinko
(70,071 posts)when the hell was this money appropriated by congress. maybe i was napping.
Caliman73
(11,728 posts)Unfortunately it has been this way for as long as we have been a country. It is wrong and needs to be stopped, but I am not surprised in the least, especially with this administration which probably made it easy for them to do this.
Achilleaze
(15,543 posts)republicans are pissing on real farmers to enrich their AgCorp Cronies.
Sick.