Catfish oversight, weather radios and a Christmas tree tax: Meet the pork-filled $956 BILLION Farm B

The massive five-years agriculture spending plan, signed Friday by President Obama, includes a $3 million plan for Christmas tree taxes

Most of the bill covers food stamps, with the number of benefit recipients doubling since Obama took offic

$1 million will buy weather radios for rural Americans, despite plunging hundreds of weather apps for smartphones and plunging access rates

www.dailymail.co.uk...

It's $956 billion of spending overall in a ten-year period, sketched out in legislation 959 pages long – nearly $1 billion per page.

That doesn't make that stupidity any better.

But most of that money goes to food-stamp and nutrition programs, which are administered by the U.S. Department of Agriculture.

The 10-year spending total for those entitlements will hit $756 billion under the new law.

So?

That comes out to 80+ billion dollars a year spread out of a decade, and 'percentage' of that goes straight to JP Morgan.

This week’s credit check: A record 43.6 million Americans are using food stamps. JPMorgan’s segment that makes food stamp debit cards made $5.47 billion in net revenue in 2010

www.rooseveltinstitute.org...

Every time an American signs up for food stamps in one of 23 states, JPMorgan Chase & Co. (NYSE: JPM) adds to its revenue stream.

moneymorning.com...

Basically here Obama handed JP Morgan one big azz payday.

But hey them people 'need to be fed', just pay no mind to the GMO part, and them big evil bankers making bucket loads of cash.

Almost a trillion dollar farm bill!

Oh and since that total is spread out of a decade so is the INTEREST payments on it which means it is significantly more.

Had there was no idea there was so much love for corporate fascism in this country, especially from the people who claim to abhor it.

Clear as hell as to why this country has massive debt, But hey the 'deficit' is shrinking!

reply to post by neo96


I'm in favor of CATFISH OVERSIGHT . Weather , and Christmas trees...WTH ? Get with the program . CRYPTO HE HE >

They got the cayote by the leg , now . Any ideas ?

reply to post by neo96


That's why (some) people keep saying Jamie Dimon is a financial genius, he can make billions out of poverty (and other less legal things.) Personally I believe JPM should be shut down and those at the top of it sent to prison. They could take a few of the pandering congressmen with them.

They should just call this farm bill an even trillion and that's another trillion we don't have.

"Think of the kids"... when they someday get the final bill.

reply to post by Bassago


I think the US government should be shutdown instead, and they be sent to prison.

For the wilful,wanting fleecing of us.

They are the ones who do that.

But But But !!!

Declaring "We want our money back," President Barack Obama wants to slap a tax on banks to recoup the money that the American public spent on bailing out large financial institutions on the brink of collapse.

Obama to Banks: `We Want Our Money Back'

reply to post by neo96


So, another way to destroy the spirit of Christmas?
'Way to go Obama. One of these days you will start a firestorm that can't be stopped.
Is that really a tax that the average democrat would want pinned to the party?
I look for a howl from all sides to strip that particular tax from existence.

Don't forget the "hemp clause"

www.washingtonpost.com...

This is twisted.

A group of lobbyists pressured Congress on the U.S. Farm Bill -- asking them to kick American companies and farmers out of the international distribution loop, instead replacing U.S. products/services with cash vouchers.

Must be nice, now with a cash voucher in hand subsidized by American taxpayers, these strangers are at liberty to purchase product from Timbuktu or trade their vouchers up on the black market.



"That’s a Wrap: What We Won in the Farm Bill"
source: blogs.ajws.org...

By law, 75 percent of our country’s food donations must be transported by American companies—a misguided practice that can actually hurt the people we are trying to help. A bag of dried peas marked “US AID from the American People” took more than six months to reach a grandfather in Ethiopia. His grandchildren starved to death before the shipment of food arrived.

Had our government not sent the peas on a 12,000-mile journey by rail, ship and truck but, instead, donated money to purchase food directly from Ethiopian farmers or provided cash vouchers for the grandfather himself to buy food that is often available, but out of financial reach during times of crisis, these children might still be alive.
source: blogs.ajws.org...