Saturday, April 23, 2011

"Ethanol versus the Poor"

By P. Gardner Goldsmith

"Coming from a man responsible for the torture, death, and exile of many people, these humanitarian claims are more than a bit hypocritical. But despite the source, and the overblown nature of the rhetoric, there is a barely discernible ring of truth to his words.

Ethanol, of course, is derived from the fermentation of certain carbohydrate-rich plants, such as sugar cane, wood pulp, sugar beets, and—as shocking as it seems—corn. And since politicians in Washington for decades have taken it upon themselves to interfere in not only the energy markets, but also pretty much every market, they recently have shown no qualms about forcing consumers to use more ethanol in their automobiles."

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