Another feather in the Kenyan's cap!!!
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Another feather in the Kenyan's cap!!!

  1. #1
    Red Blooded American The Doctor's Avatar
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    Default Another feather in the Kenyan's cap!!!

    His record-breaking performance as president seems to have no end. The US just topped the $1 Trillion dollar mark in annual welfare spending for the first time in our nation's history. As Rod would say "Thanks Barrack."

    Total Welfare Spending Now at $1 Trillion - By NRO Staff - The Corner - National Review Online
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  3. #2
    Floatin dirty Lavey29's Avatar
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    All part of his socialist agenda. Another 4 years will kill OUR Country IMO.

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    Senior Member Ms Understood's Avatar
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    Let's thank him for helping the poor people out with all that government spending that results in inflation and a rise in commodities.




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    Senior Member Jake's Avatar
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    Quote Originally Posted by Ms Understood View Post
    Let's thank him for helping the poor people out with all that government spending that results in inflation and a rise in commodities.


    Now that these prices have reached this level, do you think that they will ever come down? Doubtfull?

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    Senior Member Ms Understood's Avatar
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    Quote Originally Posted by Jake View Post
    Now that these prices have reached this level, do you think that they will ever come down? Doubtfull?
    Definitely not if they apply keynes theory to turn the economy around. Just keep throwing more money and see if it sticks while we borrow and devalue the dollar mentality and rack up a ton of debt and looming inflation for our kids. Crazy that people believe that stuff.



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    Senior Member wolfie's Avatar
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    Yeah, but it's still Bush's fault!!!

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    Senior Member Franger's Avatar
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    The only positive thing to come from all the attention to obama's record is that now, Jimmy Carter has legitimately lost his #1 ranking as the worst president the United States has ever had .....

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    Quote Originally Posted by Ms Understood View Post
    Let's thank him for helping the poor people out with all that government spending that results in inflation and a rise in commodities.
    Interesting how many of these items are on some form of price support...


  10. #9
    Senior Member Ms Understood's Avatar
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    Quote Originally Posted by shueman View Post
    Interesting how many of these items are on some form of price support...

    I'm missing your point.



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    Living in a cage of fear thatguy's Avatar
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    Quote Originally Posted by Ms Understood View Post
    I'm missing your point.
    He's blaming the farmers for taking subsidies.

    Figures. I'm sure the cost of transportation, with diesel at or near $5.00 a gallon has nothing to do with it.....
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    Quote Originally Posted by Ms Understood View Post
    I'm missing your point.
    He didn't have one, was throwing out a diversion.

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    Dogma's a bitch. 1stepcloser's Avatar
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    The complete article...

    Though I dont get the point either. Unless, as thatguy pointed out, he is trying to point out that Farmers account for a portion of the "support" and government spending that Ms. U. posted about.

    United States
    From a Congressional Budget Office report


    See also: Agricultural policy of the United States and Food, Conservation, and Energy Act of 2008
    The United States currently pays around $20 billion per year to farmers in direct subsidies as "farm income stabilization"[9][10][11] via U.S. farm bills. These bills pre-date the economic turmoil of the Great Depression with the 1922 Grain Futures Act, the 1929 Agricultural Marketing Act and the 1933 Agricultural Adjustment Act creating a tradition of government support.
    The beneficiaries of the subsidies have changed as agriculture in the United States has changed. In the 1930s, about 25% of the country's population resided on the nation's 6,000,000 small farms. By 1997, 157,000 large farms accounted for 72% of farm sales, with only 2% of the U.S. population residing on farms. In 2006, the top 3 states receiving subsidies were Texas (10.4%), Iowa (9.0%), and Illinois (7.6%). The Total USDA Subsidies from farms in Iowa totaled $1,212,000,000 in 2006.[12] From 2003 to 2005 the top 1% of beneficiaries received 17% of subsidy payments.[12] In Texas, 72% of farms do not receive government subsidies. Of the close to $1.4 Billion in subsidy payments to farms in Texas, roughly 18% of the farms receive a portion of the payments.[13]
    "Direct payment subsidies are provided without regard to the economic need of the recipients or the financial condition of the farm economy. Established in 1996, direct payments were originally meant to wean farmers off traditional subsidies that are triggered during periods of low prices for corn, wheat, soybeans, cotton, rice, and other crops."[14]
    Top states for direct payments were Iowa ($501 million), Illinois ($454 million), and Texas ($397 million). Direct payments of subsidies are limited to $40,000 per person or $80,000 per couple.[14]
    The subsidy programs give farmers extra money for their crops and guarantee a price floor. For instance in the 2002 Farm Bill, for every bushel of wheat sold, farmers were paid an extra 52 cents and guaranteed a price of 3.86 from 2002–03 and 3.92 from 2004–2007.[15] That is, if the price of wheat in 2002 was 3.80 farmers would get an extra 58 cents per bushel (52 cents plus the $0.06 price difference).
    Corn is the top crop for subsidy payments. The Energy Policy Act of 2005 mandates that billions of gallons of ethanol be blended into vehicle fuel each year, guaranteeing demand, but US corn ethanol subsidies are between $5.5 billion and $7.3 billion per year. Producers also benefitted from a federal subsidy of 51 cents per gallon, additional state subsidies, and federal crop subsidies that can bring the total to 85 cents per gallon or more. However, the federal ethanol subsidy expired December 31, 2011.[16] (US corn-ethanol producers were shielded from competition from cheaper Brazilian sugarcane-ethanol by a 54-cent-per-gallon tariff, however that tariff also expired December 31, 2011.[17][18])
    para informacion en espanol, regresar a mexico.
    Concern for the poor is not socialism.




  14. #13
    Senior Member Ms Understood's Avatar
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    Should I post up the CBO report with all the sudsidies over the last 4 years that went to green energy in addition to having nothing to show for it?

    I can purchase the commodities that are referenced in my picture today in any grocery store, they just cost more.

    I went with yes as the answer



    I stand corrected, the graph only goes to 2010. We can go up to 2012 on all the unavailable and unusable commodites that came out of all that spending. WASTED BILLIONS

    Link to the whole report CBO | Federal Financial Support for the Development and Production of Fuels and Energy Technologies



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    Last edited by Ms Understood; 10-18-2012 at 01:13 PM.


  15. #14
    Dogma's a bitch. 1stepcloser's Avatar
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    Quote Originally Posted by Ms Understood View Post
    Should I post up the CBO report with all the sudsidies over the last 4 years that went to green energy in addition to having nothing to show for it?

    I went with yes as the answer
    What they have to show for it is a pattern of taking tax dollars, creating a "corporation" not making anything, then not selling anything, then filing for bankruptcy.
    The whole program stinks of grifting and the whole of us are the marks.

    I have real trouble in accepting that Solyndra, A123 and so many others had or have any intention of producing anything other than a payroll with our money.

    The same bullshit has and is happening in California.

    It's a real shame, but no one seems to mind.
    para informacion en espanol, regresar a mexico.
    Concern for the poor is not socialism.




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