Monday, December 27, 2010

NPR finally figures out that bio fuels are ripping us all off

Perhaps they'll realize that these types of rip offs can only occur when the state, specifically our Federal government has expansive powers to manipulate markets.......naaaawwww - who'm I kidding.

The U.S. corn crop is enormous. But about a third of it doesn’t go to cereal or cows — instead, it helps run your car. To boost our use of renewable fuels, the federal government subsidizes corn-based ethanol.
This has the meat and dairy industries up in arms over the high cost of their main feed. The rise of ethanol has pitted livestock producers against the oil industry.
In part 2 of our ethanol series, Harvest Public Media’s Kathleen Masterson reports on what supporting ethanol means for the food we eat.

No comments:

Post a Comment