Tuesday, April 29, 2008

PRES. FREDO BECOMES A "CLASS WARRIOR"

Considering that the tax cuts he proposed help the top 1% more than any other group, the irony here is delicious.

Bush says farm bill would not help with rising food prices
By MARY CLARE JALONICK – 6 hours ago

WASHINGTON (AP) — House and Senate negotiators late Tuesday scrambled to meet President Bush's demands on a multibillion-dollar farm bill, considering cutting subsidies for wealthy farmers.

"The bill Congress is now considering would fail to eliminate subsidy payments to multimillionaire farmers," Bush said. "America's farm economy is thriving. The value of farmland is skyrocketing. And this is the right time to reform our nation's farm policies by reducing unnecessary subsidies."

The Bush administration has sought limits that would apply to anyone who earned more than an average of $200,000 a year.

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