Monday, June 27, 2011
Michele Bachmann claims 'never a penny' in farm profits but federal disclosure forms say she's lying
The Bachmann Farm Family Partnership comprises 951 acres with at least one home on 38 parcels in Independence, WI, with a total assessed value of $664,950. Michele and Marcus Bachmann are partners in the farm partnership, which was established April 12, 2001, with an ownership share valued at between $100,001 and $250,000. Its corporate records on file with the Wisconsin Department of Financial Institutions still list Paul Bachmann of Independence, WI, as the partnership’s general partner and registered agent, even though Paul Bachmann (Marcus Bachmann's father) has been dead since May 2009.
The Bachmann Family farm has collected a total of $154,755 in federal farm subsidies since the partnership was formed in 2001, most of it in corn and dairy subsidies. Paul Bachmann collected a total of $259,332 in federal farm subsidies from 1995-2009. However, it’s not known whether Michele and Marcus were involved in the farm prior to the establishment of the family partnership in 2001.
I broke the Bachmann farm subsidies story in 2007 here, and it's been re-reported by numerous news organizations over the years, including the Los Angeles Times last week. But it hasn't been until recently that Bachmann has outright lied about having profited from the very farm subsidies she rails against.
Will the media let Bachmann get away with lying about profiting from farm subsidies? Or will they stay focused on Chris Wallace asking Bachmann if she's a "flake?" I'll give you one guess.
Illustration by Ken Avidor.