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May 09, 2008
A Bad Case of Corn
...smut.
...What everyone is trying to avoid admitting is that the one enduring objective of ethanol supports--a purpose known to every politician who voted for them--was precisely to jack up the price of corn. And everyone knew the calculation behind that goal: the purpose of ethanol supports was to buy votes in Iowa by boosting the profits of farmers at the expense of everyone else.
Posted by tree hugging sister at May 9, 2008 11:21 AM
Comments
Let's hear it for earmarks!
Not.
Posted by: The_Real_JeffS at May 9, 2008 03:14 PM
You said it, kernal!
Posted by: tree hugging sister at May 9, 2008 03:19 PM
Cutting the husk a little close aren't we?
Posted by: Ebola at May 9, 2008 06:09 PM
Or maybe it's the seeds of dissent?
Posted by: Ebola at May 9, 2008 06:09 PM
Two comments, Ebola? Are you stalking this thread?
Posted by: The_Real_JeffS at May 9, 2008 07:06 PM
Aw shucks, Ebola got popped.
Posted by: Gunslinger at May 9, 2008 08:40 PM
I loved the last full paragraph in the linked article.
Posted by: Jim - PRS at May 10, 2008 04:24 AM
You're right, Jim. It's worth reproducing here in full:
We can state this as a more general principle. The intended consequence of every statist scheme is to use the power of government to loot from one group of people for the benefit of another group. The purpose of government intervention in a free economy is always to use the power of government to thwart the plans and ambitions of private citizens in favor of the plans and ambitions of politicians and bureaucrats. Politicians can (and frequently do) make mistakes about who will really benefit and who will really suffer from their policies. But government regulation of the economy, whether though ethanol supports or some other scheme, is a corrupt endeavor from the very beginning, because there is no honest way to steal.
Posted by: Mr. Bingley at May 10, 2008 07:38 AM
Hear, hear!
Statists can drop dead.
Posted by: The_Real_JeffS at May 10, 2008 10:43 AM