Big Corn takes hit

Posted on June 24, 2011 | Comments Off on Big Corn takes hit

Via a Democrat, no less. Worried about the 2012 elections, no doubt.

“The 73-27 vote on an amendment sponsored by California Democrat Dianne Feinstein—33 Republicans, 38 Democrats and both independents in favor—was the kind of supermajority that usually waves through new subsidies for the fuel made from blending corn and tax dollars.”

Well, if this is enacted, the corn tortilla consumers of Mexico will be happy.

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0 responses to “Big Corn takes hit”

  1. David All's avatar David All | June 25, 2011 at 2:08 pm |

    Well, bi-partisanship is not dead, after all. Rather surprising this happening a little more than 6 months before Iowa Presidential cacauses. Iowa is the heart of the Cornbelt; being against ethanol there is like being against oil in Texas.

  2. SnoopyTheGoon's avatar SnoopyTheGoon | June 27, 2011 at 10:04 am |

    Yeah… this corn into ethanol drive will only increase the inflation due to rising food prices. But you can’t tell a lot to PC California tree huggers.

  3. Dick Stanley's avatar Dick Stanley | June 27, 2011 at 3:07 pm |

    Or the East Coast subsidies (think government-supported Amtrak commuter trains) version, either.