Sunday, October 15, 2006

Eat this taxpayers!

The Washington Post has an excellent article on how we taxpayers are once again getting screwed. This time it concerns excess payments to farmers at taxpayer expense.
Here are some of the "money quotes:

"The result is that farmers often get paid twice by the government for the same disaster, once in subsidized insurance and then again in disaster assistance, a legal but controversial form of double-dipping, a Washington Post investigation found. Together, the programs have cost taxpayers nearly $24 billion since 2000."

"The government pays billions to help farmers buy cheap federal insurance, billions more to private insurance companies to help run the program and billions more to cover the riskiest claims. And on top of all that, it spends billions on disaster payments."

This kind of rip off should be enough to make any U.S. taxpayer sick and not because they've eaten spinach recently!

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