Ethanol Hoax Part 3 of Many To Come

Even Time Magazine agrees ethanol is a hoax now.

The Clean Energy Scam

With the price of rice doubling, the world is about to get a lot more violent as people struggle to feed themselves while Greenies in the US fill up their flexfuel vehicles. Just one tank of corn-based ethanol uses enough grain to feed one person for an entire year (about 400 Bu).

This might be the only time in the last 45 years that Fidel Castro was right. Ethanol is the prime example of concentrated benefits (farmers) and diluted costs (consumers). The US Government will spend $8 Billion on the ethanol subsidy alone. That is about $110 per family in taxes, but tens of thousands to each farmer in the corn belt.