The economy will only go into the toilet because the Rats think that they are smarter than "the invisible hand."
Unfortunately, the Republicans may be too dumbfounded to point out the screw-ups on the part of the Rats, including the ethanol mandates and the continued resistance to tapping our own domestic energy sources and building new refineries, power plants, etc.
Can you guess who said this?
We've got to be aggressive about finding alternative sources of fuel. And one such source is ethanol. Ethanol comes from corn -- and we're pretty good about growing corn here in America, we've got a lot of good corn growers. Therefore, it makes sense to promote ethanol as an alternative to foreign sources of oil. Ethanol can be mixed with gasoline to produce a clean, efficient fuel. In low concentrations, ethanol can be used in any vehicle. And with minor modifications, vehicles can run on a fuel blend that includes about 85 percent ethanol and 15 percent gasoline. Ethanol helps our farmers find a new markets and helps us replace foreign crude oil. I mean, I like the idea of spending money on research to make ethanol more feasible, so that some day an American President says, show me the crop report. (Laughter.) As opposed to, how many barrels of crude oil are we importing?
Oh, I don’t doubt the stupidity of the current crop of RINOs we have in Congress in the least.
And I’ll even tell ya this: My own FIL, who is Salt of the Earth sees this ethanol “scam” for the “scam” that it is. He planted ALL corn this year instead of planting any soybean at all.
He’s a smart man and he knows what side of the bread is buttered. I totally trust his instincts in that this ethanol craze will be short-lived (3-5 years in his opinion) and that he’ll just cash in now and laugh all the way to the bank.
And trust me...every other Farmer in The Heartland is doing the exact same thing.
Things will even out again. They always do. ‘Make Hay While The Sun Shines’ and all that. :)