Comments by "Da O" (@dao8805) on "2025 Could Be The Biggest Wealth Transfer In US History" video.
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????? How about doing a story about how food shelves and food banks really work?
A lot of people, even food shelf workers, mistakenly believe that large corporations kindly donate their products to food shelves (via the big regional food banks like Second Harvest for redistribution to local food shelves) out of the goodness of their hearts. In reality, what happens is that the Farm Bill provides for an "enhanced" fed tax credit equal to cost + 50% of retail value for items "donated" to food banks. This form of tax credit means the corporate food suppliers actually are getting paid (just like the former child tax credits issued checks) amounts that are probably pretty close to what they would get by selling their products to retailers. The bonus for these corporations is that this is a profitable way to unload products that do not sell and that are close to the sell-by date or even significantly beyond the sell-by date.
Some corporations even package products specifically to go to food banks which are heavily processed and filled with cheap unhealthy ingredients no one would choose from a grocery store shelf.
Because corporations in this country have a mandate to increase shareholder wealth above all else, unless these companies are actually making a profit from "donating" products, they could actually be sued by their own shareholders. That is why they make sure that every "donation" benefits their bottom line and that is why food shelves are full of unhealthy, heavily processed products with inferior ingredients that contribute to chronic health problems like diabetes, obesity and heart disease, and many are also past their sell-by dates.
Let's stop pretending these corporate food giants are being nice to the food insecure and expose that they are making money off of the most vulnerable members of our population. As an example take a look at the fabulous new Second Harvest food bank building in Mpls that has Cargill logos all over it. The fact that they control these food banks is obvious and they are controlling them because it is profitable for them.
We need accountability from the Farm Bill. Make it work for people and small farms, not food conglomerates and factory farm corporations. Stop the siphoning of tax dollars into unhealthy foods with high profit margins that translate into cheap, unhealthy ingredients that add to the chronic disease epidemic. If the enhanced tax credits are going to continue, at least limit them to products that meet minimum nutrition and safety guidelines.
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