Sunday, July 22, 2007

Pelosi Helps Wealthy Farmers

The San Francisco Chronicle reports:
House Speaker Nancy Pelosi signed off Friday on a five-year farm bill that would keep multibillion-dollar subsidies flowing to cotton, corn and a handful of other crops, deeply disappointing Bay Area food and environmental activists who had hoped that Congress might shift federal farm policy this year to combat obesity, air and water pollution and industrial farming.

Pelosi, a San Francisco Democrat, hailed as reform a bill that would grant subsidies to farmers earning up to $1 million -- five times more than the cap sought by the Bush administration -- while increasing actual payments to farmers. The bill comes during the most prosperous era American agriculture has seen in decades as crop prices and farm income approach or set record highs.

"Bush seems to be taking a harder stance on millionaires than the Democratic Party, which is surprising," said Kari Hamerschlag, policy director for the California Coalition for Food and Farming, a Watsonville group urging lawmakers to move money from crop subsidies to environmental and nutrition programs.
Nancy Pelosi understands the plight of political connected millionaires.