Posted on 01/30/2011 8:56:09 PM PST by pissant
The Wall Street Journal has a humdinger of an editorial catching Newt Gingrich touting ethanol. His spokesman is also quoted denouncing, "rampant speculation in the commodities markets." The subheadline at WSJ.com describes Mr. Gingrich as an "Ethanol lobbyist." Mr. Gingrich is not registered with the Senate as a lobbyist for any ethanol interest, so it's not a great headline — a lobbyist doesn't mean the same thing, exactly, as a proponent.
The editorial does say that Mr. Gingrich gave a keynote speech to the Renewable Fuels Association, though it does not say whether Mr. Gingrich was paid for the speech or, if he was, how much.
In any event my guess is that Mr. Gingrich's ethanol advocacy has less to do with any speaking fee he received from the Renewable Fuels Association and more to do with his hopes of wooing caucus participants in Iowa as part of the 2012 Republican presidential nomination process. Another Republican GOP contender, Mitch Daniels of Indiana, is also an ethanol proponent, and I've heard him, like Mr. Gingrich, dismiss the argument that ethanol makes food more expensive and causes famines.
(Excerpt) Read more at futureofcapitalism.com ...
Boy it’s gonna’ be one heck of an interesting election season that’s for sure.
I know lots of people who love ethanol — in beverages
Newt could have really been something.
Newt needs to plant a garden and pay $10. per pound for table corn.
Gingrich is either a little late or he knows that the ethanol crowd is going the food route to recoup their investments and make a lot of money.
Scratch him from any list of potential candidates.
Have him write and promote his books. Have him push his policy ideas. Have him start his American Solutions organizations. All good.
But never, ever allow Newt anywhere near the levers of power. He's worthless, actually less than worthless.
I remember when he was Speaker and told us that the Federal Budget wouldn't go down for 50 years. Thanks for reducing the size and scope of government, Newt. Then we have Newt's complete lack of strategic vision and tactical leadership. I remember the government shutdown. Complete Newt FAIL.
1. He allowed Clinton to place the blame on him. 2. He marched his troops up the him to get a budget, then marched them down again. 3. This he did 2 more times, each time he had fewer soldiers. 4. Finally, Newt was beaten and caved.
And I'll never forget that as Speaker, Newt single-handedly inserted an ethanol subsidy of $500 million to be paid by us, the people. All for the purpose of his quixotic, no chance Presidential campaign to buy a few thousand caucus votes in Iowa. Imagine this. Put a $500 million dollar cost on consumers to buy a few votes in Iowa.
Why isn't this corruption?
No Newts!!! No Mitts!!! No RINOs!!!
Around here their are 2 stations that sell non-ethanol gas but they wont let you fill your car only motorcycles and outboard engines or 5 gallon gas cans allowed.
I use Sta-Bil in the fuel for all my small motors. Really helps with preventing water from the ethanol evaporation doing nasty things. Also, if you have an engine that is not running right due to the ethanol issues, add some Marvel Mystery Oil to the fuel. Maybe a half cup to a gallon. MMO is mostly a solvent and will really clean the fuel system.
Ethanol stinks and consumes petro-inputs. Total idiocy. Far better to drill here and drill now and dig up more coal to make more electricity for some usage of private electric cars for short city hops
We also have abundant natural gas to move some fleets and trucks over to CNG. Compressed natural gas. Forklifts use CNG. It can be used in many places
Solar and wind turbines. Make them here with mild subsidies and incentives but not the foolish giveaways we have seen
LOL.
I think he finally figured that out, thus the pure unadulterated silence when he realized his hero said something that insipidly dumb.........and, of course, pissy suggested it might be Sarah Palin's quote.
If it wasn't for Iowa's first in the nation caucuses Ethanol would never have become the curse it is.
Two idiots IMHO.
The best thing that can happen to this nation's energy supply is for the government to get out of the way and let the market work. We'd have plenty of real gasoline if it weren't for the enormous restrictions that our friends in Washington and various state capitals have been doing to block exploration and drilling. All for what - a false crisis called "global warming".
“Whatever it takes to stop the dependency on fossil fuel and the money flow to oil producing states.”
The people of Texas, Oklahoma, and Louisiana rebuke you!!!
Isn’t everyone just sick of these miscreants yet?
All of them just suck and they continue to try to screw us every single day...
The farm lobby is pretty powerful in its own right.
Renewable fuels? I prefer renewable politicians.
I use Sta-Bil now and had them add a fuel shutoff. Will try the Marvel Mystery Oil. Used to use that when I was a teen in my car.
The thing that aggravated me the most was I run the gas out at the end of the season and empty the tank, but the repair guy said it got me during the long down times between uses during the winter. Here in Central NY it's snow for a week and dry cold for two. That's why I had the shutoff added.
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