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.
Comments Off on Big Corn takes hit
Posted in Scribbles, South of the Border
Tagged Big Corn, corn tortillas, ethanol
Nevermind Big Oil. Nobody benefits from government corruption like Big Ag.
“At the stroke of midnight on December 31 of this year, the 45¢ per gallon Volumetric Ethanol Excise Tax Credit (VEETC), commonly known as the blender’s credit, and the 54¢ per gallon tariff on imported ethanol, will expire.”
The price of gas would drop. And millions of Mexican peasants, for one, suffering from price hikes on their staple corn tortillas, would benefit. Unless Big Corn’s political toadies-on-the-take fight off a challenge and save their tax subsidies.
Comments Off on Big Corn to take hit. Maybe.
Posted in Obamalot, Scribbles, South of the Border
Tagged Big Corn, ethanol subsidies, VEETC
"…there’s no telling how many motorists across the nation have had to pay for fuel pumps, or fuel systems, that ethanol damaged. Most were probably unaware of the real culprit behind the breakdown, because virtually no repair shop tests the level of ethanol in the gasoline when these fuel system problems occur."
Not even Lexus drivers are immune. Big Corn’s also worse than Big Oil when it comes to pumping carbon dioxide into the atmosphere–and guess who’s known that all along? Why Big Agriculture and Big Government, of course.
Via Slashdot.
Comments Off on Fuel pump repairs? Blame ethanol.
Posted in Scribbles
Tagged Big Agriculture, Big Corn, Big Government, SlashDot, The Great Ethanol Scam
The usual liberal congresspeople are always whining about Big Oil. One dingbat even suggested nationalizing the oil industry if they didn’t bring their gas prices down immediately. Funny how few complain about Big Corn. Nowadays you can’t buy gas without their additive, even if it cuts into your mpg.
Tired of illegal immigration from Mexico? Then you might start lobbying your Congressrat to do away with the ethanol scam. It’s enriching Iowa farmers (especially agribusiness), sure, but it’s adding to the impoverishment of the Mexican poor. When they’ve had enough, guess where they’ll set out for? Instead, we could push our pols to do something sensible for a change, like lifting the restrictions on drilling for more oil, instead of protecting a bunch of Alaskan caribou–and keeping the ag lobby happy.
MORE: But sugarcane and cellulosic biofuels–especially cellulosic–make sense, to me.
Comments Off on Big Corn’s big mistake
Posted in South of the Border
Tagged ANWR, Big Corn, caribou, ethanol, illegal immigration, Mexico poor, tortilla prices
Methanol, as currently produced and sold, is a losing proposition, most energy analysts will tell you, requiring huge government subsidies: Big Corn replaces Big Oil. That wouldn’t be the case if all we could get was methanol, as this analysis contends. Of course, that could only come about by government mandate and the Bush administration–indeed, most Republicans, except Nixon and his price controls of yore–don’t like issuing mandates. Besides, the terror bankers, meaning "our friends" the Saudis, have their hands in too many high political pockets for anyone to seriously commit to such a course. So get used to the war on terror, folks. Its explosives’ and weapons’ purveyors get a fresh boost everytime we buy gas.
Comments Off on The terror bankers
Posted in Scribbles
Tagged Big Corn, Big Oil, Saudi Arabia, war on terror
THE TEXAS SCRIBBLER 