The Shock Doctrine

Disaster Capitalism in Action: agribusiness

Defense Industry, Agribusiness Lobbyists Boost Efforts to Defeat Obama's Agenda

Brody Mullins and Scott Kilman, Wall Street Journal, February 26, 2009

"Industries from health care to agribusiness to mining that stand to lose under President Barack Obama's policy agenda are ramping up lobbying campaigns to derail or modify his plans....

"The agriculture lobby quickly recoiled Wednesday against President Obama's vow to 'end direct payments to large agribusinesses that don't need them,' though industry leaders and farm-state legislators weren't sure which government payments they'll have to defend....

"Even before Mr. Obama's speech, the defense industry had stepped up its advertising and lobbying efforts this week in response to the president's vow to crack down on defense-project cost overruns, and to separate proposals in Congress to cut off certain expensive weapons programs. Mr. Obama's criticism, industry officials fear, is a foreshadowing of deep cuts to come. The Aerospace Industries Association of America has spent $2 million so far on an ad campaign urging that defense spending shouldn't be slashed to offset shortfalls in other areas."

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