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To: usalady
Ethanol made from corn and the need of farmers to feed their livestock is also putting pressure on the market.

Ethanol has to be one of the best examples of governmental stupidity and corruption that created supply distortions and gave rise to an economic disaster. Too bad none of our schools will ever use this as a case study.

5 posted on 05/29/2011 7:51:27 AM PDT by Starboard
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To: Starboard

Ethanol made from corn and the need of farmers to feed their livestock is also putting pressure on the market.

Ethanol has to be one of the best examples of governmental stupidity and corruption that created supply distortions and gave rise to an economic disaster. Too bad none of our schools will ever use this as a case study.


Ever heard of a DDG? Probably not. If you did you would realize that the ethanol idea isn’t as bad as it is portrayed. Also, Mr. Bernanke has 10 times the responsibility for rising food prices than does the ethanol industry.


26 posted on 05/29/2011 9:47:55 AM PDT by cornfedcowboy (Trust in God, but empty the clip.)
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