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OnlinePoker

(5,719 posts)
Wed May 22, 2019, 09:38 AM May 2019

Group 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 administration’s 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 Friday’s 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.

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Iliyah

(25,111 posts)
1. taxpayers' money, socialism.
Wed May 22, 2019, 09:51 AM
May 2019

And the small farms are left out. Greedy big farms get the money. American consumers get screwed.

Wounded Bear

(58,629 posts)
2. MFP...Mother fucking payola...
Wed May 22, 2019, 09:53 AM
May 2019

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.

Botany

(70,483 posts)
5. I hope all those Trump voting farmers are happy now.
Wed May 22, 2019, 10:02 AM
May 2019

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.

mopinko

(70,071 posts)
7. i'm still figuring out how "the white house" is even doing this.
Wed May 22, 2019, 10:43 AM
May 2019

when the hell was this money appropriated by congress. maybe i was napping.

Caliman73

(11,728 posts)
8. The richest have the resources to exploit laws and programs to further enrich themselves.
Wed May 22, 2019, 10:47 AM
May 2019

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)
10. republican welfare for the Agri-Chemical-GMO Borg, Inc.
Wed May 22, 2019, 11:06 AM
May 2019

republicans are pissing on real farmers to enrich their AgCorp Cronies.

Sick.

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