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PamelaDrew's avatar

Priceless to see ADM object based on employment figures when its profits could have made all the workers millionaires with the subsidies ADM shareholders have pocketed over decades.

Archer Daniels Midland: A Case Study in Corporate Welfare

September 26, 1995 • Policy Analysis No. 241 By James Bovard

The Archer Daniels Midland Corporation (ADM) has been the most prominent recipient of corporate welfare in recent U.S. history. ADM and its chairman Dwayne Andreas have lavishly fertilized both political parties with millions of dollars in handouts and in return have reaped billion‐​dollar windfalls from taxpayers and consumers.

Thanks to federal protection of the domestic sugar industry, ethanol subsidies, subsidized grain exports, and various other programs, ADM has cost the American economy billions of dollars since 1980 and has indirectly cost Americans tens of billions of dollars in higher prices and higher taxes over that same period.

At least 43 percent of ADM’s annual profits are from products heavily subsidized or protected by the American government. Moreover, every $1 of profits earned by ADM’s corn sweetener operation costs consumers $10, and every $1 of profits earned by its ethanol operation costs taxpayers $30.

https://web.archive.org/web/20210506232642/https://www.cato.org/policy-analysis/archer-daniels-midland-case-study-corporate-welfare

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GeoffPainPhD's avatar

German experts developed PCR technique capable of detecting Australian approved GMO Maize (Corn) DNA coding production of Lethal Endotoxin to act as built-in Insecticide

https://geoffpain.substack.com/p/robert-koch-institute-pcr-primers

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