No, the rich farmers need to stop raping the American tax payer, just so Ethanol won't die a slow death in the energy market if it had to compete on it's own.
“”stop raping the American tax payer””
The oil companies have been raping the taxpayers for the past 50 years. What do you call the billions of dollars we spend protecting oil company production facilities in foreign lands? What is $120.00 a barrell oil?
As far as subsidys, I suspect you will find numerous businesses and industries like airlines, railroads, busses, highway construction and many others that get some kind of subsidy or tax break. What is bailing out the banks who made bad mortgages and loans? Looks like a Wall Street Subsidy to me. The bonuses some of the Wall Streeters made last year was more than many of us make in 5 years. Do they look like they need a subsidy?
What little money farmers might be getting in subsidies is like comparing a penny to a hundred dollar bill we hand Saudi Jihadi every time we fill our gas tank. At least American farmers keep their money right at home, paying school taxes and shopping at the local hardware store. When did big oil ever spend anything in your town??
And I don’t think you see any farmers who are in the Fortune 500 or 1000 so I have no idea where you think farmers are rich or close to being considered rich.
If they want to make their corn into ethanol, it is their decision. If energy pays farmers better than feeding the world with bumper crops, who cares about some hungry barbarians as long as we can commute to work 100 miles a day.
Ain’t any rich farmers out there. But there are sure a lot of rich oil barons and stock holders in big oil companies laughing all the way to the bank.