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Roanoke Times, 6-10-11, pg 7: Wet spring cuts corn crop; US food prices to stay high.
Over the next two years, the nation’s corn supplies may be at their tightest levels since 1995. The projected shortage caused corn prices to surge on global markets to a record high. Contracts for July delivery jumped 22 cents to a record $7.86 a bushel.
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The authors of this large article while lamenting the shortage and cost of corn for food products never mentioned the word ETHANOL. It’s amazing how well the liberal media can hide important information that should be in plain sight!
The Obama corn policy is to BURN OUR FOOD AS ETHANOL! How dull is that?
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The resurgent U.S. ethanol industry will use an additional 250 million bushels of corn through the next 15 months:
http://www.reuters.com/article/2010/06/10/us-usa-crops-idUSTRE6593MJ20100610
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This is corn that is converted to ethanol at great taxpayer and customer expense and also results in the discharge of more greenhouse gas than using 100% gasoline and has a major effect on animal feed and other food item costs.
Not only don’t the liberal media question this gross and inappropriate and misdirected government mandate, they actually hide it least the general public become informed and ask why.
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New Bad News: The special interests won again!
The Democrat Controlled Senate voted Tuesday 6-14-11 to preserve 6 (six) billions of dollars in government subsidies for ethanol; 45 cents for every gallon of ethanol that is blended into gasoline.
Wasn't Obama supposed to place science above politics in decision making?
http://www.washingtontimes.com/news/2011/jun/14/senate-preserves-ethanol-subsidy-for-now/
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Prior Items:
http://roanokeslant.blogspot.com/2011/05/crop-loss-and-heifer-dust.html
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http://roanokeslant.blogspot.com/2011/04/obama-takes-new-improved-taskforce-for.html
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http://roanokeslant.blogspot.com/2011/03/hunger-despair-for-millions-obama-still.html
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http://roanokeslant.blogspot.com/2011/03/lets-play-hide-real-reasons-for-high.html
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http://roanokeslant.blogspot.com/2011/02/obama-burn-corn-let-starving-eat-cake.html
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