Just to drag a small clue across your path:
Government subsidies of corn ethanol to benefit crony industries is not capitalism.
In a free market, we would have been buying cheaper ethanol from Brazil, our corn would be going for whatever the unsubsidized market price would be, and things would be less expensive all around. A lot of people getting rich off taxpayer money (this is a real subsidy) would not be. Get it?
Please make note of my long-standing opinions of this program and rackets like Archer Daniels Midland.
In a socialist country, all companies are cronies. Their CEOs are government officials, or approved by them, and typically none of them miss a lot of meals or have to fly coach no matter what the rest of the economy is doing.
If a socialist leadership bought that farm, the only difference would be they'd be selling to the highest bidder instead of the original owners, and using the loot for their own aggrandizement.
Current Events » in reply to Re: Good news on the ethanol front
Re: Good news on the ethanol front
