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To: The Great RJ; Buckeye McFrog
Part of the problem is that 40% of the US corn crop is being turned into ethanol

Can either of you two agricultural economics geniuses explain how corn, which was over $8 a bushel last year, and now is at about $3.75, less than half of a year ago, is part of the problem?

Oh, and while you're at it, do you have any genius level ideas what we are going to do with the mountains of surplus corn we are going to harvest in about 10 weeks?

Plow it under? Burn it to heat our homes and fuel our cars?

Another idea? Beuller?

37 posted on 08/19/2014 5:29:55 PM PDT by Balding_Eagle (If America falls, darkness will cover the earth for a thousand years.)
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To: Balding_Eagle

Ship it to the starving people around the world, and the Bible says ‘give and it shall be given unto you...pressed down and running over’. That has been how America became so prosperous, through hard work, freedom, God, and sharing with others.

People are not buying the gas with more than 10% ethanol in it (made from corn), because it hurts some car engines, and you do not get the gas mileage as with other gasolines.

Supply and Demand...hence hamburger/ground meat go up in crisis due to demand for cheaper meats. Simple economics, and the bad economy due to the IDIOT in the WH not doing his job. Which is creating jobs and fixing the economy!


38 posted on 08/19/2014 5:37:55 PM PDT by Kackikat
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