What a joke farm subsidies have become check out this announcement from Facebook about buying the domain name fb.com from Farm Bureau for a cool $8.5M.
Today Reuters is reporting that the Fb.com domain acquisition, which moved the 6 Million member Farm Bureau over to Fb.org, cost Facebook $8.5 million.Yeah - we've become even more of a national joke as farm income increases on farms receiving unneeded payments. I pretty sure tweeting about it won't stop the snickering, either.
“At their annual meeting in Atlanta, Farm Bureau officials on Tuesday said the organization earned $8.5 million by selling a couple of domain names but is barred from identifying the buyer.”We of course are still chuckling over how Zuckerberg announced the sale “The farm bureau has agreed to give us FB.com and we in return have agreed to not sell Farm subsidies.”
Hmm … Not even virtual ones? [More]