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riversedge

(70,214 posts)

6. Trump administration showers Brazilian crooks with $62M bailout money meant for struggling U.S. far

Reply to Miigwech (Original post)

Thu May 16, 2019, 08:30 PM

May 2019

Trump administration showers Brazilian crooks with $62M bailout money meant for struggling U.S. farmers
By Chris Sommerfeldt
| New York Daily News |
May 16, 2019 | 4:20 AM

https://www.nydailynews.com/news/politics/ny-trump-defends-bailout-brazilian-bacon-grocery-batista-hogs-20190516-hj2gpi5h4jejve63cqac5atcn4-story.html

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The sheer size of the payouts stoked outrage from industry watchdogs, who question how subsidizing a deep-pocketed, Brazilian-owned company would help farmers in the American heartland.

“Why is the USDA bailing out plants operated by JBS, the largest meatpacker in the world, with a program designed to help domestic companies and producers under economic duress?” said Tony Corbo, a lobbyist at Food & Water Watch, noting that the meat giant reported a net income of $273 million for the first quarter of 2019.

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Trump administration defends $62M bailout to crooked Brazilian meatpacker [View all] Miigwech May 2019 OP

LOL. Now we have the "trickle down" graft and corruption theory! PSPS May 2019 #1

Any chance it'll wind up in the pocket of pres. Jair Bolsonaro? mpcamb May 2019 #12

Internationale Socialism Marcuse May 2019 #2

Yeah, I always thought they were about something else LiberalLovinLug May 2019 #11

I suppose this could make some logical sense as long as their pork is US Sourced ... mr_lebowski May 2019 #3

Message auto-removed Name removed May 2019 #4

To say nothing of a $56 BILLION bailout of Argentina. sandensea May 2019 #5

Trump administration showers Brazilian crooks with $62M bailout money meant for struggling U.S. far riversedge May 2019 #6

How many children school meals would that pay for? . . . nt Bernardo de La Paz May 2019 #7

Just so those who do not know what JBS USA is, Wellstone ruled May 2019 #8

How much bribe money did Jared pocket for this? McCamy Taylor May 2019 #9

Where's the beef? (for those who remember that ad) Bayard May 2019 #10