Think the Ethanol Scam Is Bad? Read On!

Yes, the ethanol mandate is crony capitalism.  But that's not the end of the bidding war for farmers' re-election contributions.

...Ironically, in the same deal where both parties plan to raise taxes on those who pay the most taxes, they want to renew and augment farm subsidies to rich farmers.  Democrats in the Senate are pushing for a new shallow loss program, which extends the coverage of crop insurance from catastrophic benefits to a guarantee of 90% of the farmer’s annual revenue.  The idea that the government could guarantee members of a specific profession 90% of their income, especially when food prices are so high...

Large farms --corporate farming-- are squeezing out the '40 acres and a cow' gang by a variety of taxpayer-funded programs.  Crop insurance is only one of the fraud-laden schemes by which you support these guys.