Monday, July 20, 2009

Clougherty Packing llc

Clougherty Packing llc has been noted as having provided the government with two pounds of sliced ham in return for $1,191, 200. That's a fairly impressive price to be getting for a couple of pounds of pig and there is indeed something wrong with the numbers there. As Hot Air notes, it's more likely to be a typo and as Red State corrects itself, it's actually for 800,000 lbs of ham packed into 2 lb packages.
Well, no, there's something a little more interesting that can be said as well. Clougherty produce the Farmer John brand: they are also owned by Hormel. Who is it that owns Hormel? That's a slightly more complex question, as it's a series of family trusts that own a near majority of the company. Exactly and precisely how the income from that stake is split amongst the various trusts is more than we're going to find out in just one afternoon.
However, one of the near certain beneficiaries of at least one of these trusts is James Hormel, the ex-Ambassador to Luxembourg under Bill Clinton. That is the same James Hormel that donated an awful lot of money to various Democratic campaign groups in the run up to the last election. Pelosi for Congress, Sestak for Congress and a number of others.

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