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How Agribusiness steals billions from taxpayers


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2013 Sep 9, 11:06am   282 views  0 comments

by tovarichpeter   ➕follow (6)   💰tip   ignore  

http://www.bloomberg.com/news/2013-09-09/farmers-boost-revenue-sowing-subsidies-for-crop-insurance.html

The arrangement is a good deal for everyone but taxpayers. The government pays 18 approved insurance companies to run the program, pays farmers to buy coverage and pays the bills if losses exceed predetermined limits.

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