North Carolina's highest court will take up how many current and former tobacco growers in the Southeast have a stake in the $340 million reserve held by a nonprofit cooperative established during an era of taxpayer subsidies killed a decade ago.
The state Supreme Court on Monday takes up a money fight already 10 years old and likely to take years more before it's settled. At stake is money built up over decades by the Flue-Cured Tobacco Cooperative Stabilization Corp.
The Raleigh-based nonprofit was created in the 1940s to buy, process and warehouse the flue-cured variety of tobacco from growers when cigarette-makers wouldn't pay the government-backed minimum price. The cooperative has said the millions it's holding is a reasonable cushion, though it's lost 99 percent of its membership in the decade since U.S. taxpayers quit underwriting crop prices.
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The gov giveth and gov taketh away but it's not for health reasons. If it was really
ReplyDeleteabout health there would be no gmo's, vaccines, fluoride, millions of drugs would
be banned, chemicals in foods would be banned, and so on. Tobacco was not
a threat in itself; it was the radioactive fertilizer, high-phosphate fertilizer. And
that fluoride your consuming, brushing your teeth with, drinking - contains radiation
which comes from phosphate fertilizers.
Thanks.
Delete