The government is paying $10 a gallon for this nonsense. Speaking for the poor and, especially, the working poor (since no one else bothers to care about these folks) , the single most important and vanishing natural asset is a thing called "money." Also, let's not forget the developing scandal that is corn-based fuels and its complicity as to world starvation -- and it is all based on junk science.
Ethanol Subsidies: $10 A Gallon And $14 Million Per Job Created
12/10/2010 06:57 PM ET - Here's the bottom line for the ethanol tax credits additive to the White House-GOP tax compromise: $6 billion in subsidies for 2011. $10 per extra gallon of ethanol. $14 million per extra job. $1.2 billion to attract one extra Senate vote. In a season of giving in Washington, the ethanol lobby may come away with even more than it hoped for and its ardent defenders sought. The Senate version of the $858 billion tax bill unveiled late Thursday — ... More »
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