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Join Date: Mar 2000
Location: Lacey, WA. USA
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Here are some others:

"In 1991 and 1992 Sunkist Growers, Inc. received $17.8 million to promote citrus products, according to Agriculture Department figures. The Department gave the American Soybean Association $10.4 million in 1992 to promote soybeans. In 1991, Gallo Wines received $5.1 million to promote wine, M&M/Mars received $1.1 million to promote candy bars, the Campbell's Soup Co. received $450,000 to promote V-8 Juice and McDonald's took $465,000 to promote Chicken McNuggets. "

"Another form of corporate welfare is the government's failure to charge reasonable fees or sales prices for mining minerals on publicly-owned land. Perhaps the biggest beneficiary is the American Barrick Resources Corp., based in Toronto. Since 1987 the company has extracted $8.75 billion (yes, billion) worth of gold from a site in northern Nevada that is the property of the American people. According to the Natural Resources Committee, the federal government is now preparing to sell the land to American Barrick for all of $15,000. By the way, the company's founder paid himself $32 million in 1992. "

"U.S. taxpayers had spent $32 million over 15 years to develop Taxol, an anti-cancer drug. Bristol-Myers Squibb was provided extensive government data and exclusive commercial rights to Taxol in 1991 at which time it began charging patients $986 for a three-week's supply. "

"This year (1994), taxpayers will spend $51 billion in direct subsidies to corporations and lose another $53.3 billion in tax breaks for corporations, according to the Office of Management and Budget and Congress's Joint Committee on Taxation. This $104.3 billion give-away to businesses contrasts with the $75.1 billion total cost of all federal welfare programs for individuals, including help for the blind and deaf, drug and alcohol treatment, assistance to the handicapped and elderly, care for the mentally retarded, children's vaccination and immunization programs, food stamps (50% of which go to children), and so on."
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Old 03-10-2005, 02:29 PM
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