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December 19, 2007

Global Warming Hoax Is Hitting Us in the Stomach

Due to the global warming hoax and the farm lobby, the political expedience of biofuels outweighs their economic inefficiency. That's why we heavily subsidize them with our tax dollar. But the flagrant waste of our money by profligate bureaucrats isn't the highest price we will pay for biofuel foolishness. The cost of food is being sent toward the stratosphere.

Corn-based ethanol doesn't just drive up corn prices. Because other crops are sacrificed to grow the corn, and because corn products are used to feed livestock, most all food prices are effected.

Consumer grocery costs are already up by 5% over the last year, and feed costs by as much as 30%. But that's only the beginning. Congress is about to double the mandate for ethanol.

Complains Jay Truitt, vice president of government affairs for the National Cattlemen's Beef Association:

We continue to be caught up in this fervor, almost spirituality, about ethanol. You can't get anyone to consider that there is a consequence to these actions. We think there will be a day when people ask, "Why in the world did we do this?"

The answer is simple: because politicians are irresponsible fools, and moonbattery is ubiquitous.

At least corn farmers benefit. A record 13.2 billion bushels were produced this year, yet the price just keeps rising. Unfortunately everyone else suffers. But it's wonderful to know that bureaucrats are doing something about the imaginary climate change crisis.

german-beer-girls.jpg   Drink up while you can, girls. Brewers have to compete with livestock farmers for a diminishing supply of barley.

Hat tip: Environmental Economics, on a tip from Byron.

Posted by Van Helsing at December 19, 2007 12:18 PM

Comments

I love that photo!!! Do you have their phone numbers??

Another Muslim on the loose!
http://www.pittsburghpostgazette.com/pg/07353/842930-100.stm

Posted by: General Jack D. Ripper at December 19, 2007 1:21 PM

Dang, there's that picture again! The one that turns me into a dirty old man, or a dirty middle aged man.... Ah...to be 25 again, and in the midst of those honies, and with a wad a cash, and my hair back again, and..and...

Posted by: NudeGayWhalesForJesus at December 19, 2007 1:38 PM

Although I will say it's a good time to invest in the corn market. How to turn global warming hysteria into capital gains.

Posted by: NudeGayWhalesForJesus at December 19, 2007 1:40 PM

Mmm, girls with big jugs.

Posted by: Ian from the EUSSR at December 19, 2007 2:19 PM

We can handle the rise in corn/wheat/rice/soybean prices easy. Raise the price per bushel 'exported' to the middle east to $200 per bushel. See how fast oil prices drop.

Posted by: Scrapiron at December 19, 2007 4:47 PM