Posted on 12/22/2009 5:52:31 PM PST by sickoflibs
If you realize both parties in Washington think our money is theirs and you trust them to do the wrong thing, this list is for you.
If you think there is a Santa Claus who is going to get elected in Washington and cut a few taxes and spend a few trillion and jump start the economy, and get our lost money back, this list is not for you.
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Remember, these are the guys (in Washington, DC) who we expect to flawlessly manage U.S. industrial policy.
Also, they believe that they can practice medicine.
Bill O' Reilly lost me years ago when he ranted about how the Federal government should have replaced oil with ethanol in prior years, claiming we could be like Brazil. I thought, "Many people are going to believe this."
I was right. Then Bush passed the : Energy Policy Act of 2005
Increases the amount of biofuel (usually ethanol) that must be mixed with gasoline sold in the United States to 4 billion gallons by 2006, 6.1 billion gallons by 2009 and 7.5 billion gallons by 2012;
Corn is the most abundant grain crop in the U.S. and there is generaly a carryover or surplus every year. The petroleum lobby spreads most of this misinformation about ethanol.
To imply that using corn to produce ethanol drives up food prices is the same as implying that humans cause global warming.
This article is hogwash.
This article just sent me to the kitchen for a thimble of bourbon.
Really, how many corn cobs does it take to fill up an SUV with ethanol? 1000? 5000?
Oil is NOT loaded with water like ethanol is. Guess what, water is NOT a fuel. Ethanol must be trucked, guess what that requires.... energy.
Snip: Many politicians benefit from promoting and subsidizing such programs because they can get gifts from the manufacturers they subsidize, as well as campaign contributions. Cal Dooley, president of the Grocery Manufacturers Association says that Many policy makers were seduced by ethanol, and it appears that many others still are (Etter A8). Whether or not the program works or is cost effective does not matter to them, as long as they get re-elected, and can line their pockets with taxpayer money at the same time. Those few politicians and figures that oppose such programs are usually scoffed away, as the pro-subsidy politicians continue banter and propaganda to promote their latest scheme.
The unraveling of the ethanol scam
Also in May, Mark W. Rosegrant of the International Food Policy Research Institute, testified before the U.S. Senate on biofuels and grain prices. Rosegrant said that the ethanol scam has caused the price of corn to increase by 29 percent, rice to increase by 21 percent and wheat by 22 percent. Rosegrant estimated that if the global biofuels mandates were eliminated altogether, corn prices would drop by 20 percent, while sugar and wheat prices would drop by 11 percent and 8 percent, respectively, by 2010.
So you support pissing the tax payers money away???
Ethanol is a waste of energy to produce. If its so excessive, why has the price tripled over the last decade? Get rid of it and drill oil.
Mary Christmas
bkmark
There is no shortage of grain in this country in most years. On the other hand, there is not that much land in this country suitable to grow the sugar that is being held up so gloriously in this article. Brazil is particularly suited to that crop and much of Brazil's soybean crops have been negatively affected by rust.
Like you, I find the article to be less than honest.
...I love cornbread and wheatbread, toasted in the morning, smeared with butter, eggs and swine. My gas guzzling truck needs a petroleum change and a fill up tomorrow, so I can go to work. I’ma going to the fillin’ station, 5AM and gittin my oil products, I hope it warms up, cause it’s fookin cold here in Kain-tuc.(-;)...
Naysayers must have short memories.
In the months right after president Bush signed the Energy Policy Act of 2005 food prices skyrocketed.
Milk jumped a doller or more a gallon.
Margerine doubled in price.
Butter almost doubled in price.
Cereals, eggs, meat, vegetable oils and almost every other food product jumped in price and they have never returned to previous levels.
The media was full of stories of beef producers and egg producers drastically cutting the numbers of livestock and chickens due to the high cost of feed.
ANOTHER SUBSIDY FOR NEBRASKA
Thank you, I remember how painful it was too and Republicans got all the blame for the prices. Bush bought nothing good with giving in on ethanol.
Remember the rice shortage panic in 2006??? (In reality we dont have price controls so we never had true shortages just higher prices.)
We already have WAY too much food, and WAY too much corn.
Come to think of it, we have always have WAY too much of what farmers produce.
See my tagline.
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