End corporate welfare!

Discussion in 'Politics' started by Wry Catcher, May 7, 2011.

  1. Wry Catcher
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    Wry Catcher Platinum Member

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    Today the government pays refiners 45 cents a gallon through a tax credit to refine corn-based ethanol. An additional 54 cents a gallon tarirff blocks imports of less expensive and more energy efficient sugar-based ethanol from Brazil. Corn-based ethanol is mandated by federal law benefitting the farm belt.

    Big oil, big agra benefit and we the people lose. For details on this bill, which is supported by members of both parties, and opposed by those who represent special interests, see the source below.


    Feinstein, GOP senator fight subsidies for ethanol
     
  2. JBeukema
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    JBeukema BANNED

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    Won't happen. Big Oil wants Corn to be the only Ethanol in town. It allows people to have the illusion of freedom and alternative energy sources without constituting a real threat to the existing system.
     
  3. Trajan
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    Trajan conscientia mille testes

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    I agree becasue it doesn't work, its just pigs feeding at the trough. Newt is a DB.....they all are.
     
  4. Wry Catcher
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    Wry Catcher Platinum Member

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    I hope you're wrong. Feinstein and Coburn are powerful senators and their argument is sound. At risk of inciting the Red Scare crowd, if the bill passes it might be a way to entice Cuba to further liberalize and produce large amounts of sugar cane for processing.
     
    Last edited: May 7, 2011
  5. Trajan
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    Trajan conscientia mille testes

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    you lost me with the cuba sugar cane thing....what exactly does that mean?
     
  6. JBeukema
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    I think (s)he means that Cuba might be able to produce large quantiles of low-quality sugar cane, which is ideal for producing sugar cane ethanol. [Cane sugar used for fuel production does not need to be fit for consumption]

    This could be a source of wealth for Cuba and, coupled with socio-political and other economic reforms (such as ending the embargo and purchasing their sugar cane for refinement) could be part of a strategy for the advancement of Cuba.

    If Cuba could grow the cane in sufficient quantities as a part of their overall economic production, it could form the basis of a mutually beneficial arrangement that provided some of our fuel needs and helped us break our dependency on Middle Eastern oil while promoting economic growth in Cuba and encouraging the development of the market there.

    The obvious problem with such a proposal, of course, is the current political picture in Cuba.
     
  7. RadiomanATL
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    RadiomanATL Senior Member

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    Simple first-step to a solution:

    Don't make Iowa one of the first caucus states in presidential elections.
     
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  8. Trajan
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    Trajan conscientia mille testes

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    uhm yes its 'problematic' and if that's the case why don't we just import ethanol from Brazil? Remember that battle?


    Because the whole thing is a hustle, thats why, its a subsidy for reps and ems in districts and states how so they an buy votes and influence, there would be no way a single drop of Cuban sugar would ever get here....
     
  9. bripat9643
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    bripat9643 Diamond Member

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    Why would oil companies give a crap about corn? If anything, it cuts into their business.

    Libtards can't go three posts without blaming "big oil" for something.
     
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  10. Mr. H.
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    Ethanol was forced on us, and blenders as well. It's net contribution is worthless.
    Petroleum refineries don't refine ethanol. It's a pain in the ass to blend, transport, and market.
     

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