“The United States government is the world’s largest food donor but its aid consistently wreaks havoc abroad. The Obama administration is pushing reforms that could slightly reduce the number of Third World farmers bushwhacked by American food dumped into their marketplaces. But there is scant enthusiasm in Washington for any fix of a program that is beloved by many special interests. The U.S. launched the Food for Peace program in 1954 during the Eisenhower administration, largely to dispose of embarrassing crop surpluses that had been encouraged by federal farm programs. The annual cost to taxpayers? Last year, it was roughly $1.5 billion.”
http://online.wsj.com/article/SB10001424127887324482504578452751341751038.html
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