Dec. 24th, 2009

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That's right. It appears it's only the "little people" who should have to endure the hardships the  free market system Bachmann so vociferously advocates must inevitably cause to some. Major players, like Bachmann herself, are allowed to take advantage of both capitalist and "socialized" measures . . . and that's not just the free, first-rate healthcare she gets through the generosity of we taxpayers.

Yasha Levine at TruthDig has the full sleazy story. Here's a taste:

[. . .] data compiled from federal records by Environmental Working Group, a nonprofit watchdog that tracks the recipients of agricultural subsidies in the United States, shows that Bachmann has an inner Marxist that is perfectly at ease with profiting from taxpayer largesse. According to the organization’s records, Bachmann’s family farm received $251,973 in federal subsidies between 1995 and 2006. The farm had been managed by Bachmann’s recently deceased father-in-law and took in roughly $20,000 in 2006 and $28,000 in 2005, with the bulk of the subsidies going to dairy and corn. Both dairy and corn are heavily subsidized—or “socialized”—businesses in America (in 2005 alone, Washington spent $4.8 billion propping up corn prices) and are subject to strict government price controls. These subsidies are at the heart of America’s bizarre planned agricultural economy and as far away from Michele Bachmann’s free-market dream world as Cuba’s free medical system. If American farms such as hers were forced to compete in the global free market, they would collapse.

However, Bachmann doesn’t think other Americans should benefit from such protection and assistance. She voted against every foreclosure relief bill aimed at helping average homeowners (despite the fact that her district had the highest foreclosure rate in Minnesota), saying that bailing out homeowners would be “rewarding the irresponsible while punishing those who have been playing by the rules.” That’s right, the subsidy queen wants the rest of us to be responsible.

Bachmann’s financial disclosure forms indicate that her personal stake in the family farm is worth up to $250,000. They also show that she has been earning income from the farm business, and that the income grew in just a few years from $2,000 to as much as $50,000 for 2008. This has provided her with a second government-subsidized income to go with her job as a government-paid congresswoman who makes $174,000 per year (in addition to having top-notch government medical benefits).
[. . .]

But, hey, it's the Season of Good Will, so let's go point the finger at ACORN instead!

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