Tag Archives: Bailouts
Bailouts
The Alaska Congressional delegation is singing praises for a new $100 million bailout of the state’s floundering commercial salmon processing business. In a joint statement from the office of Sen. Lisa Murkowski, the trio applauded the U.S. Department of Agriculture (USDA) move with the state’s senior Republican lawmaker tried to spin it as a new poverty program to provide “almost $100 million of Alaskan seafood for people experiencing food insecurity. “This purchase won’t just bolster Alaska’s seafood industry and support our coastal communities,” Murkowski was quoted as saying, “but will help bring the highest-quality and healthiest seafood products in the world to families in need. I am grateful for the USDA’s investment in our fishermen and the health of Americans.” There has been no actual “investment in our fishermen,” presuming she is talking about Alaska fishermen. But they may benefit from a deal that helps processors clean out some of their inventory before the upcoming fishing season. More, >>click to read<< 13:06
