Everybody's been talking about how Al Gore admits he supported ethanol subsidies and protective tariffs in order to gain an advantage during the Iowa caucuses in 2000 rather than actually believing they were a good idea.
Stop the presses! You mean to say an opportunistic politician lied about something he didn't really believe in? Who ever heard of that before? The media really needs to Take Care Of THIS!
The Des Moines Register's Phillip Brasher took care of it by devoting a measly three paragraphs to the matter. I bet it pained the editors at the DMR to even mention it. You'd think this would be bigger news since the DMR reported a couple years ago that the ethanol industry was the cause of 15% of Iowa's contribution to the hoax called global warming.
Jonathan Adler at The Volokh Conspiracy suggests that perhaps this is the end of ethanol subsidies and protective tariffs. You've got to be kidding me! After the EPA recently decided to double down on 15% ethanol for cars 2007 or newer, you're not going to see anything stop unless the EPA is de-funded, gutted, and beheaded.
One problem is you have a whore like former Congressman Jim Nussle (R) becoming a lobbyist for the ethanol industry. He's such a disgrace. A complete sellout to the fiscal conservative cause.
Thanks for re-electing industry tool Bill Northey as the Secretary of Welfare, I mean Agriculture, in Iowa. Northey can't wait to waste more of your tax money installing E15 pumps at gas stations around Iowa.
Do you think Chuck "Fauxscal Conservative" Grassley is going to stop this madness? No way. A few years ago Grassley was complaining that "big oil" was the reason why there weren't more E85 pumps in Iowa, a fuel that has been a dismal failure.
How about Tom Harkin? Nope, to Harkin ethanol is the other white meat. We'll have to see what he says about it. Harkin, whose wife is a ConocoPhillips executive, has always been in favor of ending the tariffs that provide protection to the shaky Iowa ethanol industry, but only as a way to import cheap Brazilian ethanol.
If ethanol subsidies do get yanked, and protective tariffs removed, Iowa will have to swallow a bitter pill. Look how the bio-diesel industry failed in a big way in a short time.
Worst case scenario, the laws concerning Everclear will be eased. Get drunk to save jobs!
Tuesday, November 23, 2010
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