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ARTICLE: "A harvest of disgrace: Congress at its worst," The Economist, 24 May 2008, p. 46.
McCain gets the kudos and Obama the jeers for this one: 20 percent of the recipients (virtually all big ag firms, by anyone's calculations) get 80 percent of the feed—a whopping $307 billion during a global food crisis.
"Shockingly," as the
Economist puts it, some of the payments were tied to today's high prices.
For shame.