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Ethanol Mandate Turns
King Corn Into A Pauper
Investor´s Business Daily, by Editorial
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Original Article
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Posted By:PageTurner, 12/5/2012 2:42:10 PM
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| Politics: The U.S., once king of corn exports, is more like a corn peasant these days, given its precipitous loss of market share to other countries´ growers. Look no further than Congress´ ethanol mandate for the reason why. In another sign of U.S. decline in the Obama era, the U.S.´ share of corn exports has shriveled in the global marketplace. Our biggest buyer, Japan, has cut its imports of U.S. corn from 2.702 million metric tons last year to 1.968 million metric tons this year. Similar figures are seen with our other top customers in Taiwan and China.
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Comments:
Obama creates food shortages and makes the US less competitive. He must be so proud of himself.
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Reply 1 - Posted by:
Ribicon, 12/5/2012 3:28:09 PM (No. 9050338)
FTA: "Fact is, corn is being redirected to the manufacture of ethanol rather than being sold for food, based on Congress´ 2007 Renewable Fuel Standard law, which requires ever-increasing amounts of the nation´s corn crop to go to manufacture the supposedly eco-friendly automotive fuel."
Why blame Obama? The ethanol mandate is courtesy of GWB, signed the law in 2007. The 2007 Renewable Fuel Standard came about in response to his State of the Union address goal of reducing our gasoline consumption by 20% from 2007 to 2017.
I know I´m driving less in this wonderful economy, good patriot that I am. Have to save to pay for food, skyrocketing utilities, health insurance, etc.
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Reply 2 - Posted by:
neanderthal, 12/5/2012 5:31:01 PM (No. 9050490)
So what´s wrong with taking food out of starving people´s mouths and blowing it out your tail pipe?
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Reply 3 - Posted by:
LouD, 12/5/2012 7:14:32 PM (No. 9050604)
Yup, we gottaa blame Bush for this, even though it was a liberal democrat congress that passed the laws. They were completely innocent, right?
Blaming Bush is getting wearysome.
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Reply 4 - Posted by:
oh-heck, 12/5/2012 7:23:59 PM (No. 9050618)
We can buy ethanol cheaper from Brazil if we eliminate the tariff. Ethanol can also be produced less expensively from sugar which also would be cheaper from Brazil if the tariffs were removed. Producing a gallon of ethanol requires 10 gallons of water. Our country wouldn´t be going broke if we could stop doing such stupid things.
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Reply 5 - Posted by:
gasmeterguy, 12/5/2012 8:09:47 PM (No. 9050660)
Whereas I might feel some empathy for Japan and other countries that need our corn, what difference does it make to the farmer to whom he sells his corn? The price is the same for the farmer. And ADM shouldn´t care either. They will sell to the ethanol plants. Either way, I do not see the danger here.
Would someone kindly enlighten me?
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Reply 6 - Posted by:
TexasHillCountry, 12/5/2012 8:46:21 PM (No. 9050688)
The problems are many, besides destroying a food source.
• It takes between 1.1 to 1.3 BTU inputs to get 1.0 BTU outputs of ethanol. That is ethanol is a net loss when it comes to energy conservation.
• Besides not being good for vehicles other than flex-fuel models, fuel economy is reduced 10-20% versus straight gasoline in most any kind of vehicle.
• The ethanol mandate just feeds into the frauds of global warming and the purported "evil" of natural gas and oil---to say nothing of the war on coal.
• Money and effort wasted on ethanol keep us from developing our own ABUNDANT gas and petroleum reserves.
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Reply 7 - Posted by:
kanphil, 12/5/2012 10:33:34 PM (No. 9050777)
This corn to ethanol mandate is another TECHNICAL decision made by a bunch of LAWYERS who have no technical expertise. That is a recipe for disaster every time.
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Below, you will find ...
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Most Recent Articles posted by "PageTurner"
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Not an Isolated Incident: US
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Breitbart News, by Debra Heine
Original Article
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Posted By: PageTurner- 4/10/2013 5:36:57 PM
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A few days ago, I reported on the shocking story about the Army instructor in Pennsylvania who labeled Evangelical Christians, Catholics, Orthodox Jews and Mormons "religious extremists" alongside Hamas and al Qaeda during an Army Reserve Equal Opportunity training brief on extremism. An Army spokesman told Todd Starnes of Fox News that this was an “isolated incident not condoned by the Dept. of the Army.” It was not an isolated incident. Today, Todd Starnes reports at Townhall that an Army officer at Ft. Campbell, KY recently sent an email to subordinates using similar descriptions to describe two mainstream Christian ministries
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Conservative Chileans
Appreciated Margaret Thatcher
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Heritage Foundation, by James M. Roberts
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Posted By: PageTurner- 4/10/2013 5:29:39 PM
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The death of Margaret Thatcher received extensive media coverage in Chile, proving that the “Dama de Hierro” (“Iron Lady”) is still capable of stirring powerful emotions among Chileans—of irritation among her opponents and admiration from her supporters. Her passing occurred while Heritage economic experts were in Santiago to present results for Chile in the 2013 Index of Economic Freedom (a publication that celebrates the core principles to which Prime Minister Thatcher dedicated her political career). Several Chileans told us why Thatcher mattered so much to them and why Chile mattered to her.
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Daily Mail [U.K.], by Rachel Quigley
Original Article
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Posted By: PageTurner- 4/10/2013 2:45:08 PM
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A former vice mayor exposed himself and masturbated in the direction of at least three different women while driving his car at 90mph, it emerged today. The women testified against former Mount Carmel Vice-Mayor William Blakely in Tennessee court last week and all described in graphic detail how he would get their attention while they were driving and then hang his penis out the car window. Victim Kelly Street testified: ´After the waving, it turned into a lot of beeping, him grabbing his chest area, and asking me going "please, please" [clasping hands together] with his hands, may I… show me yours.´
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Agence France-Presse, by Annabel Liang
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Posted By: PageTurner- 4/10/2013 7:18:30 AM
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Rights activists reacted with indignation on Wednesday after Singapore´s High Court rejected a petition to repeal an archaic law criminalising sex between men. In a ruling issued on Tuesday, the court said it was up to parliament to repeal a controversial provision in the penal code known as Section 377A, whose constitutionality has been questioned by a gay couple. "The issue in the present case no doubt is challenging and important, but it is not one which, in my view, justifies heavy-handed judicial intervention ahead of democratic change," Judge Quentin Loh said in his verdict.
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Cables reveal Vatican denied
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Santiago Times [Santiago, Chile], by Charlotte Karrlsson-Willis
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Posted By: PageTurner- 4/9/2013 6:26:32 PM
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Documents released by Wikileaks show Catholic Church dismissed criticism of Chile’s military dictatorship as ‘communist propaganda.´ The Catholic Church originally labeled accusations of human rights abuses by the military junta in Chile as “leftist lies,” only revising their stance later as widespread governmental violence became undeniable. Among the hundreds of documents from the U.S. State Department released by Wikileaks on Monday was a cable sent to then-Secretary of State Henry Kissinger from his counterpart at the Vatican, Archbishop Giovanni Benelli.
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A ticking economic bomb waits
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MercoPress [Montevideo, Uruguay], by Staff
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Posted By: PageTurner- 4/9/2013 6:11:48 PM
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Whoever wins next Sunday’s presidential election in Venezuela faces an economic time bomb with food shortages, insufficient US dollars to pay for imports and honour the country’s debt, a devastated economy full of inefficient nationalized companies and non productive farms plus mounting promises of further handouts from the government and inflation. “In a way, Chávez left at the zenith of his success” says Orlando Ochoa, an economist at the Andrés Bello Catholic University in Caracas. “And his legacy for his successor is an economic bomb”. In an effort to stem the problems the government created a new foreign-exchange agency
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El Universal [Caracas, Venezuela], by Staff
Original Article
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Posted By: PageTurner- 4/9/2013 6:05:32 PM
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During a rally held on Tuesday with workers, Venezuela´s acting President Nicolás Maduro announced a rise in the minimum salary of 38-45% that would be implemented in three stages. The first 20% would be implemented in May, from USD 325.55 to USD 390.66. The next increase (10%) would be adopted in September, bringing salaries up to USD 429.73. A final adjustment would be enforced in November by 5-10%, based on inflation. The president in charge also announced the creation of "workers´ groceries," aimed at bringing state-run food network Mercal to state-run companies so that workers can directly buy foodstuffs at their workplace.
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Margaret Thatcher and Queen
Elizabeth’s Complicated Relationship
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Daily Beast, by Andrew Marr
Original Article
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Posted By: PageTurner- 4/9/2013 2:09:49 PM
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A wide variety of experienced politicians, civil servants and courtiers who observed at first hand the Queen’s relationship with Margaret Thatcher agree: it was (long pause, pained expression) “difficult.” Here were two women of similar age but very dissimilar backgrounds; previously strangers, they were conjoined during the most tumultuous and confrontational years of postwar politics. Among the most radical of the Thatcherite thinkers were some whose contempt for the old, flabby institutions of a weary, oversocialized country reached even to the monarchy. They (naively) tended to see the United States as a model in politics and economics,
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The lady who changed the world
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Economist, by Editorial
Original Article
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Posted By: PageTurner- 4/9/2013 12:20:18 AM
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ONLY a handful of peace-time politicians can claim to have changed the world. Margaret Thatcher, who died this morning, was one. She transformed not just her own Conservative Party, but the whole of British politics. Her enthusiasm for privatisation launched a global revolution and her willingness to stand up to tyranny helped to bring an end to the Soviet Union. Winston Churchill won a war, but he never created an “ism”. The essence of Thatcherism was to oppose the status quo and bet on freedom—odd, since as a prim control freak, she was in some ways the embodiment of conservatism.
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Margaret Thatcher, staunch
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Santiago Times [Santiago, Chile], by Alicia Siekierska
Original Article
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Posted By: PageTurner- 4/8/2013 11:06:27 PM
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Margaret Thatcher, the “Iron Lady” of Britain who adamantly defended and praised her friend, former Chilean dictator Augusto Pinochet for “bringing democracy to Chile,” died following a stroke on Monday. She was 87. Thatcher was arguably the most influential British politician in recent history. The first woman to lead a major Western power, Thatcher held office for 11 years, making her the country´s longest-serving prime minister of the 20th century. A large part of Thatcher’s legacy was her role in the Falklands War,
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Pope hails Thatcher’s
‘promotion of freedom’
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Agence France-Presse, by Staff
Original Article
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Posted By: PageTurner- 4/8/2013 7:44:26 PM
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VATICAN CITY—Pope Francis on Monday hailed Britain’s former prime minister Margaret Thatcher for her “promotion of freedom” and said he was “saddened” by her passing. The Argentine pope “recalls with appreciation the Christian values which underpinned her commitment to public service and to the promotion of freedom among the family of nations,” a condolence note read.
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Mom who left newborn to
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Associated Press, by Staff
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Posted By: PageTurner- 4/6/2013 12:27:41 AM
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ROCKFORD, Ill. — A northern Illinois woman who admitted leaving a newborn daughter to freeze to death along a rural roadway in 2004 was sentenced Friday to 50 years in prison. Katie Stockton, 32, faced up to 60 years in prison for the death of the infant, who became known as Baby Crystal around the Rock River Valley after her frozen remains were found. Winnebago County prosecutors dropped 11 remaining murder charges in exchange for her guilty plea in February to a single count of first-degree murder. Before handing down the sentence, Winnebago County Judge John Truitt allowed testimony about skeletal
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The murder trial of abortionist Kermit Gosnell largely is being ignored by the mainstream media, even in the face of grisly testimony, such as what we heard yesterday. Life News reports: ...a former employee described how she heard a baby scream during a live-birth abortion. Abortion clinic employee Sherry West described an incident which "really freaked (her) out" and related to the jury how she heard a child who was born alive following an abortion scream.
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Associated Press, by Nedra Pickler
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Posted By: Desert Fox- 4/8/2013 10:27:49 PM
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HARTFORD, Conn. -- With time running out on the chance to pass gun control legislation, President Barack Obama on Monday warned Congress not to use delaying tactics against tighter regulations and told families of the Sandy Hook Elementary School shooting victims that he´s "determined as ever" to honor their children with tougher laws. Obama´s gun control proposals have run into resistance on Capitol Hill, leaving their fate in doubt. Efforts by Senate Democrats to reach compromise with Republicans over expanding required federal background checks have yet to yield an agreement, and conservatives were promising to try
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White House: Planned GOP
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Washington Times, by Dave Boyer
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Posted By: Dreadnought- 4/8/2013 11:08:31 PM
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Beginning a week of high pressure on gun control, the White House on Monday accused some Republican senators of cowardice for planning to filibuster gun legislation without allowing the full Senate to vote on President Obama’s initiatives. “If they oppose this legislation, have the courage to say so on the floor and vote no,” said White House press secretary Jay Carney. “Don’t block it. Don’t hide behind a procedural action to prevent a vote. That’s the wrong thing to do, and that’s how the president clearly feels.”
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Business Insider, by Staff
Original Article
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Posted By: Attercliffe- 4/10/2013 4:24:28 AM
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The sequester may have many across the country singing the blues, but for President Obama, it was all about Memphis Soul. Even with the threat of furloughs and government cuts sparked by the sequester, Obama took the time to enjoy a star-studded concert at the White House tonight. The White House celebration of Memphis Soul music in the East Room--which included special guest appearances by Queen Latifah and Justin Timberlake--is likely to rile Obama´s Republican foes. Some conservatives have called on Obama to give up golf, especially since popular public tours of the White House have been canceled because of
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Obamacare architect Rockefeller:
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Washington Examiner, by Paul Bedard
Original Article
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Posted By: Drive- 4/10/2013 7:17:19 AM
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West Virginia Democratic Sen. Jay Rockefeller, one of the towering architects of Obamacare, on Tuesday openly criticized program managers for not moving quickly enough to build the system, warning that if it gets off to a bumpy start it will just get worse. Decrying the Patient Protection and Affordable Care Act as way too complex, he warned the acting Medicare director that Obamacare is "so complicated and if it isn´t done right the first time, it will just simply get worse."
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Posted By: KarenJ1- 4/10/2013 1:18:38 PM
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In the message he issued along with his budget proposal on Wednesday morning, President Barack Obama said he wants to see 4-year-old children in the United States enrolled in public schools. Obama said America needs to start enrolling 4-year-olds to make sure the children are “better prepared for the demands of the global economy” and to help parents save on "child-care costs." After saying the United States needs to “equip our citizens with the skills and training” to fill jobs in manufacturing, energy and infrastructure, Obama said, “And that has to start at the earliest possible age.”
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Obama´s Army Outmaneuvered by the NRA
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NationalJournal, by Beth Rinehard
Original Article
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Posted By: FlyRight- 4/10/2013 7:18:37 AM
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Although the first votes on gun -control legislation have yet to be cast, by some measures the National Rifle Association has already won. Obama’s ambitious plans to ban assault weapons and limit magazine capacities are off the table, while the NRA suggested it could support the most likely outcome -- expanded background checks -- as recently as 1999. The NRA claims that the president’s efforts have triggered a fundraising surge and boosted its membership from 4 million to nearly 5 million.
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Poll: Obama underwater on
guns, immigration, deficit
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Politico, by Donovan Slack
Original Article
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Posted By: Dreadnought- 4/8/2013 10:17:29 PM
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A new CNN/ORC International poll found President Obama´s overall approval rating has ticked up to 51 percent but ratings have fallen on his handling of the key issues on his agenda: immigration, guns, and the deficit. On immigration, 44 percent approve of the way he is handling the issue, down from 51 percent in January. At the same time, disapproval has jumped to 50 percent, up from 43 percent in January. On guns, 45 percent approve and 52 percent disapprove, the poll found. In January, 46 percent approved and 49 percent dispproved. And on the deficit, 38 percent approve
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Outraged Liberals Say Obama Is
About To Screw Over The Very
People Who Got Him Elected
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Business Insider, by Grace Wyler
Original Article
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Posted By: Desert Fox- 4/10/2013 6:35:42 AM
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Liberals descended on Pennsylvania Avenue Tuesday to protest President Barack Obama´s decision to include entitlement cuts in his upcoming budget, delivering 2 million petitions demanding the White House back off its support for the chained CPI. As we reported this weekend, liberals have been seething over the inclusion of the chained CPI in Obama´s budget, which they see as a huge betrayal by the Democratic president. This week, progressive groups, including MoveOn, the Progressive Change Campaign Committee, and Democracy for America, have mounted "emergency" online campaigns against the proposal, accusing Obama of
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Sebelius: Implementing Obamacare
More ´Difficult´ Than Anticipated
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Breitbart´s Big Government, by Tony Lee
Original Article
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Posted By: Dreadnought- 4/10/2013 7:21:14 AM
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Health and Human Services (HHS) Secretary Kathleen Sebelius conceded Monday that implementing the Affordable Care Act has been more complicated and frustrating than the Obama administration expected, largely due to Republicans who have opposed the law´s state-based exchanges and Medicaid expansion. "The politics has been relentless and that continues," Sebelius said. "There was some hope that once the Supreme Court ruled in July, and then once an election occurred there would be a sense that, ´This is the law of the land, let´s get on board, let´s make this work.´"
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AG sues florist who refused
flowers to gay wedding
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Seattle Post-Intelligencer [WA], by Joel Connelly
Original Article
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Posted By: KarenJ1- 4/10/2013 2:28:46 PM
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State Attorney General Bob Ferguson on Tuesday filed a consumer protection lawsuit against Arlene’s Flowers & Gifts, a Richland florist that refused to supply flowers to the same-sex marriage of a longtime customer. Ferguson said he sent a March 28 letter to owner Barronelle Stutzman asking her to reconsider and supply flowers to customer Robert Ingersoll. Through an attorney, Stutzman declined to change her position.“As Attorney General, it is my job to enforce the laws of the state of Washington,” said Ferguson. “Under the Consumer Protection Act, it is unlawful to discriminate
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Ron Johnson’s JCPenney:
Anatomy of a Retail Failure
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Yahoo! Finance, by Jeff Macke
Original Article
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Posted By: athina- 4/9/2013 9:45:34 AM
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In a stunning end to one of the most aggressively unsuccessful tenures in retail history, JCPenney (JCP) last night announced that CEO Ron Johnson would be leaving effective immediately. Myron Ullman, Johnson´s predecessor at JCPenney, takes office as CEO. When Johnson was initially wooed by JCPenney, it was to serve as CEO with Ullman as Chairman. In January 2012, Ullman was unceremoniously removed from the board. Gone with Ullman was any control the Board of Directors had over Ron Johnson and his control of JCPenney resources.
Headline corrected by Staff
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