Showing posts with label The New Dark ages Part 1. Show all posts
Showing posts with label The New Dark ages Part 1. Show all posts

Tuesday, May 06, 2008

The foolishness of corn for fuel


WE are in "The new Dark Ages" Part I






This article, "Food fuel No Laughing matter" shows the effect that conversion of food into fuel is causing world wide. The old saw about the press and their emphasis on class warfare- "World to end, minorities and poor to suffer most" or a similar quote is used here to demonstrate that the sudden price increase in grains, basic ingredients due to conversion to Biofuel is real and hitting the poor first and hardest.



Even the Republicans in the SENATE have asked that the tax subsidized ethanol conversion be slowed to ease price pressure on Corn- which shot up to $6 a bushel in April of 08.



Personal take: this tax boondoggle subsidy of 51 cents a gallon for Ethanol will go down in history as one of the dumbest "the sky is falling" programs ever legislated by the Democrats- with many weak-kneed Republicans falling in line.



It will be eclipsed only by the panic stricken Church of Global Warming cult believers and their turning free economies into Soviet style 5 year plans shown to be so successful in starving millions in the old USSR and China- or any Socialist country for that matter. N. Korea, Cuba etc.