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Originally Posted by buggyone
As I was saying - before rudely interupted - the Republicans have been against the wind farm tax credits in Iowa and this has hurt them quite a bit. The Iowans are proud to be large corn producers and the ethanol tax credits have helped them greatly. Republicans are against those credits, too.
Remember, the past serves as a guide post and NOT as a hitching post!
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Turning our food into fuel for our cars has got to be one of the worst ideas ever realized. How stupid.
Because Obama's Dept. of Energy mandated that a certain amount of corn ethanol be available for use in cars, which has paid for the incredibly expensive process with taxpayer dollars, the price of corn for other purposes, such as food, has risen dramatically. But now that corn prices are so high, the ethanol manufacturers can hardly afford to buy it to use in the production of ethanol.
This is what happens when government gets involved with business with these mandatory schemes. They always backfire. If transforming corn into gasoline was a practical idea, business would have done it without the governments interference.
So the price of food is going to rise significantly in Obama's pander for votes.
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