A Bad Case of Corn

smut.

…What everyone is trying to avoid admitting is that the one enduring objective of ethanol supports–a purpose known to every politician who voted for them–was precisely to jack up the price of corn. And everyone knew the calculation behind that goal: the purpose of ethanol supports was to buy votes in Iowa by boosting the profits of farmers at the expense of everyone else.

9 Responses to “A Bad Case of Corn”

  1. The_Real_JeffS says:

    Let’s hear it for earmarks!
    Not.

  2. Ebola says:

    Cutting the husk a little close aren’t we?

  3. Ebola says:

    Or maybe it’s the seeds of dissent?

  4. The_Real_JeffS says:

    Two comments, Ebola? Are you stalking this thread?

  5. Gunslinger says:

    Aw shucks, Ebola got popped.

  6. Jim - PRS says:

    I loved the last full paragraph in the linked article.

  7. Mr. Bingley says:

    You’re right, Jim. It’s worth reproducing here in full:
    We can state this as a more general principle. The intended consequence of every statist scheme is to use the power of government to loot from one group of people for the benefit of another group. The purpose of government intervention in a free economy is always to use the power of government to thwart the plans and ambitions of private citizens in favor of the plans and ambitions of politicians and bureaucrats. Politicians can (and frequently do) make mistakes about who will really benefit and who will really suffer from their policies. But government regulation of the economy, whether though ethanol supports or some other scheme, is a corrupt endeavor from the very beginning, because there is no honest way to steal.

  8. The_Real_JeffS says:

    Hear, hear!
    Statists can drop dead.

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