Bachmann has said:
-- that Obama is a socialist
-- that Pelosi or Obama backed legislation is the "crown jewel of socialism"
Turns out, her family owns a farm. Her personal stake has grown from $2,000 to $50,000, according to her disclosures.
The problem is that between 1995 and 2006 the farm got $250,000 in federal subsidies!
So, which is it. Is Bachmann an incredible hypocrite, whining about socialism on the one hand, whilst accepting federal government subsidies on the other?
Or, does she just not understand that a family farm taking a quarter mill from the feds over the course of a decade is pretty much the definition of socialism?
You decide. My money is on moron.
So over an 11 year period the farm got $250K in subsidies, correct? Just under $23K per year.
What kind of subsidies were they? How large was the farm? Do you know or are you just willing to accept anything you think makes a conservative look bad?
I disagree with subsidies generally however food is a strategic commodity. While market forces are still needed to punish the inefficient... you can't have so many farmers go out of business in one cycle that you cannot recover.
IF she owns part of an average sized farm... say 4000 tillable acres.... then the gross income for the farm would be something around $3 million per year for the period you mentioned. Are you really trying to claim that this is a collective farm because .7% of its income came from subsidies?
Once again you have embarrassed yourself by talking about something that you know virtually nothing about.