Rev. Louis Farrakhan Charity Collected $300,000+ in U.S. Farm Subsidies
Between 2008 and 2011, 930 entities in Chicago collected $6.1 million in farm subsidies.
But like other major American urban areas including Washington, D.C. and New York City, Chicago does not have farms. Yet, wealthy residents were still eligible for federal farm subsidies.
In 2014, our auditors at OpenTheBooks.com found that the Three Year Economic Savings Program, Inc., a charity-arm of The Nation of Islam in Chicago, collected $300,000+ in farm subsidies over a 17-year period at the home address of Minister Louis Farrakhan. A follow up from Fox News revealed even more issues with the entities.
New York-based National Audubon Society received $960,000, including a New York-based tobacco subsidy.
Lobbyists in Washington, D.C. and executives at the U.S. Department of Agriculture, the very people who created and manage the spending, collected subsidy funds.
In our nation’s capital alone, more than $18.5 million in farm subsidies went to 2,801 entities between 2008 and 2011.
The Windy City received the seventh most farm subsidies of all Illinois towns.
In the Big Apple, almost $2 million in farm subsidies went to 247 entities, including Wall Street financiers, Rockefellers, wealthy heirs and Upper East Siders.
In total, 419 entities across the country received at least $1 million each in farm subsidies, totaling $725.2 million.
That largesse was partly due to the USDA’a broad definition of “farmer,” which is “any place that produced and sold — or normally would have produced and sold — at least $1,000 of agricultural products during a given year.”
Only in America do farm subsidies flow into areas that have no farms!
The #WasteOfTheDay is presented by the forensic auditors at OpenTheBooks.com.