Heaven forbid that we should have less Gov intervention and let anything resembling a free market with intelligent Government oversight prevail.
What about the factories making shoe buttoners for high button shoes. Now that the fickle public have stopped wearing high button shoes the Government should step in and subsidize them to make high button shoe buttoners so the poor idiots incapable of doing anything else don't all starve along side their pitiful hollow eyed children.
I'm sure this nation and our way of life would be endangered if the Gov left the price and distribution of corn to the producers and consumers. Similarly, we don't want to endanger the oil companies by developing real instead of pretended ecoconscious alternative fuels.
I wonder why the oil companies are so INTO ethanol. Could it be because it mostly is blended with their product, its production is petro-chemical intensive, and it does NOT reduce their sales. They make $ coming and going on alcohol blended fuel.
The farmers and investors involved with corn for motor fuel are not one trick ponies unable to feed themselves if their corn was sold in a free market instead of in an artificial market. Most investors are just looking for a good ROI and if it is our tax money to their bank account then fine by them, otherwise they'd invest in Chinese cell phone networks or amalgamated Zyzyx Ltd. Corn to motor fuel isn't religion it is just politics and noit good long term economics.
Yes, some grain byproducts make good cattle feeds. Corn gluten, a byproduct of corn refining for corn sweetener, is one of them. I feed it and have watched the price spiral up as corn for motor fuel demands grow ahead of corn supply. Increased corn costs also impact folks heating with corn stoves, chicken and egg operators, hog farms, and feed lots to name a few off the top of my head.
Since it is apparent that neither of us is convinced by the other's comments, let's just agree to disagree and go on being good long distance friends who just happen to have a topic on which topic on which we are not in full agreement.
I give you the opportunity for the last word on the subject between us.
Pat