Recipients of Corn Subsidies from farms in United States totaled $51,261,000,000 in from 1995-2005.
All that's said about ethanol is right. But if it helps put Hugo out of business, I am in favor of it. Every last bit helps.
And currently there is like a $.54 tarrif on imported ethanol that precluded us from buying the cheaper brazilian ethanol.
Theres a lot of shennanigans going on, but as fouled up as it is I believe Nicholas Burns is going after Chavez's golden egg here. Burns also just completed a Nuke power plant deal eith India that will cut of a major market to Iran