Unlike some, I know when I'm beaten. The 2008 Farm Bill passed the House with a veto-proof majority. While I am disappointed, I respect the will of the majority.
The more interesting factor in the long run may be the traditional way it passed - by ignoring any fiscal restraint whatsoever. This could be a fairly typical pattern for what will pass for bipartisanship in the future: hand out money to everybody until you have votes.
Could this disregard for deficits lead to inflation to devalue the debt incurred? Or to taxes, especially on the wealthy? Both I feel to be likely, and I will make my plans accordingly.