What a turn-a-round for Obama. Back in May he missed the roll call on the vote in the Senate where Bush proposed to put a cap on farmers subsidies if they earned over $200k in income. In fact, Obama attacked Bush when questioned why he had missed the senate vote saying how the needs of the American farmer were overlooked. So I suppose as Obama proceeds to get his education upon ascending the Presidency, he realizes that about 3,000 farmers earning incomes over 2.5 mil are receiving these subsidies.
I know it is too much for a citizen to ask that the American taxpayer come first. This simply shows the issues with our two-party system when most congressmen and senators can not vote with our interests at heart, but vote along party lines as instructed. It also leaves our representatives ignorant on the issues that affect our everyday lives.
Incidentally,Kent Conrad, who led the fight against the bill passage, was instrumental in getting Obama's new budget director, Orzog, the job.
Final word on purpose of farm subsidies: “Farm subsidies are intended to raise farmer incomes by remedying low crop prices. Instead, they promote overproduction and therefore lower prices further. Expensive programs to restrict plantings are then implemented to raise prices back up.”...TRedwine