freerider15
NAXJA Forum User
- Location
- FoCo, Crawlorado
You beat me to it... the idiot feds (USDA) are now buying 400,000 TONS of sugar so as to create some capital for sugar producers to pay back subsidized federal loans -- you're reading it right, WE the taxpayer are buying their product so as to provide the sugar industry with sufficient cash to pay the loans WE the taxpayer made to them. They are going to pay the interest on federal loans with federal funds for sugar the feds won't use. AND, those subsidies wouldn't be "necessary" if the federal government didn't drive down the price of high fructose corn syrup so that sugar can't compete in the market place by subsidizing the corn industry. You simply can't make this shite up.:doh:
:doh: x2, that's exactly the crap I was referring to.
I remember having to read that article through twice, then make sure something like The Onion didn't make it since I couldn't believe what I was reading...after having read a few moments prior about Bloomberg's drink ban as well as all the hubub about obesity, healthcare, etc.
Where's my bailout? Seems like they're just giving them out left and right!