Bizarro wuz here

Posted: May 23, 2008 in Politics

David Brooks writes-

“If you look around America today, you see the Olson logic playing out. Interest groups turn every judicial fight into an ideological war. They lobby for more spending on the elderly, even though the country is trillions of dollars short of being able to live up to its promises. They’ve turned environmental concern into subsidies for corn growers and energy concerns into subsidies for oil companies.

The $307 billion farm bill that rolled through Congress is a perfect example of the pattern. Farm net income is up 56 percent over the past two years, yet the farm bill plows subsidies into agribusinesses, thoroughbred breeders and the rest.

The growers of nearly every crop will get more money. Farmers in the top 1 percent of earners qualify for federal payments. Under the legislation, the government will buy sugar for roughly twice the world price and then resell it at an 80 percent loss. Parts of the bill that would have protected wetlands and wildlife habitat were deleted or shrunk.”

[…]

“Barack Obama talks about taking on the special interests. This farm bill would have been a perfect opportunity to do so. But Obama supported the bill, just as he supported the 2005 energy bill that was a Christmas tree for the oil and gas industries.” (more…)

For the overly sensitive out there, NO I am not calling Obama “Bizarro”.

The ‘bizarre-ness” that I am referring to is the paying twice for sugar only to sell it at an 80% loss. Also, like the banking industry, many of these farmers who are also very wealthy have their hands out for welfare from the government–and will ultimately get it.

All this while politicians rake oil company execs over the coals for aledgedly screwing American citizens.

Yes, that is bizarre.

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