Obama Touts Rural Plans in Iowa

Recs

0

Powerful interests in Washington have swayed a new farm bill toward big business, Democrat Barack Obama said Monday, campaigning in the most rural region of this crucial early voting state and promising to do better as president.

"Once again the lobbyists stepped in to make sure that big agribusinesses got the multimillion-dollar giveaways that they've come to count on," said Obama.

The issue is crucial in rural sections of the country because the new farm bill will set food and farm policy for the next five years, including subsidy levels farmers will receive. There's a home-state tie as well because Iowa Sen. Tom Harkin heads the Senate Agriculture Committee which crafted a farm bill.

"Tom Harkin fought hard to pass a farm bill that stressed support for conservation and support for specialty growers," Obama said, contending the effort was deflected by the power of the agribusiness lobby.

Last summer, Obama held more than 30 hearings around the state getting grass-roots input before issuing a package of farm and rural development policies last fall. He was touting that package of proposals as he swept through northwest Iowa.

From tougher regulation of animal feeding operations to a shift in attention to family farms, Obama said he would change the focus away from big businesses and their interests.

"We need to set priorities that reflect our values," said Obama. "Well it's time to stand up to these lobbyists and tell them we're putting family farms first, we're putting conservation of our land and water first, we're putting tough choices for CAFOs first and if there's going to be a hog lot in your community then the community gets a say about where it goes."

Obama said his plans were designed "to make sure the child in Spencer can dream as big as the child in Des Moines or the child in Chicago."

Heading into the final days of the campaign for Iowa's Jan. 3 leadoff precinct caucuses, Obama is in a tight race with rivals John Edwards and Hillary Rodham Clinton. On Monday, he was focusing on his rural development package.

"I will recruit new teachers and make new investments in rural schools, we'll connect all of America to 21st century technology and telecommunications," said Obama. "We'll support small businesses in our small towns, increase grants for our community colleges and make new investments in renewable energy."

While rural sections of the state are traditionally Republican, smaller farmers are increasingly under economic pressure and open to an argument from Democrats. That's where Obama was aiming his pitch.

Like his rivals, Obama is making a special focus on the relatively large number of voters yet to make up their minds or who are willing to switch at the last minute. He asks who's undecided in his audiences, and in Spencer that was about a third of the 300 or so who showed up on a chilly morning.

"Those are the folks we're going after," said Obama, giving his backers directions. "We're going after them. Take their picture."

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

TD AMERITRADE
more info
ShareBuilder
more info
Power E*Trade

more info
Scottrade
more info
Fool Disclosure

DocumentId: 554982, ~/Articles/ArticleHandler.aspx, 11/22/2009 6:05:38 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

The Must-Read Story on Fool.com
An Open Letter to the Federal Reserve

Community: Investing Wiki

Term Of The Hour

Bond rating agency: A bond rating agency is a firm that specializes in rating debt instruments. The usual firms include Standard and Poor's, Moody's, and Fitch.

Want to learn more or edit this definition?
Click here to read more!