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To: gubamyster

What’s the negative on the ethanol? Why are people so against it?


488 posted on 10/09/2018 2:53:02 PM PDT by JudyinCanada
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To: JudyinCanada

Subject:**In-town pool report #15*

Another POTUS quote from the South Lawn in response to the Federal Reserve raising interest rates:

The Fed is doing what they think is necessary, but I dont like whattheyre doing because we have inflation really [checked?] and we have a lot of good things happening so I will say this were normalizing money, and thats good, but I think we dont have to go as fast. I want to be able to pay off debt. Also, and very importantly, I think that the numbers that were producing are record-setting. I dont want to slow it down even a little bit, especially when you dont have the problem of inflation, and you dont see that inflation coming back. Now, at some point you will, and you go up. I just dont think its necessary to go as fast.____

On Chairman Powell: I have not spoken to him about it. I like to stay uninvolved.

This exchange was inaudible to pooler because of the noise from the engine of Marine One. Thanks to Politico’s Victoria Guida for this transcription.


489 posted on 10/09/2018 2:55:45 PM PDT by jennychase
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To: JudyinCanada

It really gums up car engines, my hubby used to work on them.

He was an auto machinist.


490 posted on 10/09/2018 2:59:21 PM PDT by Lakeside Granny (Trumps Golden Rule: "They hit me, I hit back 10x harder!")
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To: JudyinCanada
What’s the negative on the ethanol? Why are people so against it?

It's bad for your vehicle's engine. Also, by the gov't mandating it be in fuel, it artificially manipulates the market & increases the price of corn.

491 posted on 10/09/2018 3:04:21 PM PDT by gubamyster
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