UnThreaded | Threaded | Whole Thread (15) | Ignore Thread Prev | Next
Author: sano Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1966774  
Subject: Re: Welfare Ranching Date: 3/4/2013 10:22 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 9
Here's a classic... a construction and paving contractor scored a short lease on an oyster farm. His plan was to fight the closure he agreed to when he assumed the lease..... it makes a nice seaside addition to the federal cattle lease his family enjoys in the same vicinity....and the tea party is backing him.


snip....."records obtained under the Freedom of Information Act show that the federal government has extended generous subsidies to the Lunny family for decades. The extended family has leased more than 1,100 acres, where it raises cattle within the park. The grazing rate Lunny and other ranchers pay is about one-third the amount ranchers are charged on adjacent private land.

The Lunnys' lease includes a three-bedroom house, a second residence and a bunkhouse, all owned by the federal government but leased by the family. Lunny pays $2,200 a month for the 1,100 acres and the buildings — about what renters nearby pay to lease a single-family house on a small plot of private land.

The Park Service, under political pressure to help Lunny, recently spent $50,000 to replace the roofs on two of the family's leased buildings. Other federal seashore tenants are required to pay for their own home maintenance.
"
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (15) | Ignore Thread Prev | Next

Announcements

Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Post of the Day:
Value Hounds

Netflix Riles Investors
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement