Tuesday, May 31, 2011
Heartache......Romney favors ethanol subsidies
Nothing strikes me as dumber than putting our food into our gas tanks at a greater cost than the gas we already have, yet Mitt Romney thinks it's a good idea.....
“I support the subsidy of ethanol,” he told an Iowa voter. “I believe ethanol is an important part of our energy solution for this country.” Iowa leads the nation in the production of corn, a main source of ethanol.
You have to waste something like 10 gallons of water to make 1 gallon of ethanol. And the price of corn has gone through the roof because the government is buying up all the corn for stupid ethanol to combat imaginary global warming.
If ethanol was a competitive fuel on the market place, then great. But it's not. The government(taxpayers) must subsidize it to make it competitive. Left on it's own, it would fail utterly and completely as a fuel source.
That politicians like Romney think that any means(manipulation of economic markets) is justified to achieve their goals is disheartening at best, and horrifying at worst. Unless Romney changes his position on stupid ethanol subsidies and allows the fuel and corn markets to do what they do naturally, he'll likely not get a vote of mine because if he'll support subsidies for this, then what other violations of markets will he support? Bailouts? Single-payer health care? Illegal-alien labor?
He's too iffy for me.