Posted by Deere Scotty on March 06, 2011 at 03:44:43 from (68.57.255.70):
In Reply to: End of ethanol.... posted by muckfarmer on March 06, 2011 at 02:47:08:
I am suprised it hasnt already ended! When gas prices go up; the subsidy is less important to make it competitive as opposed to regular oil based fuel. If oil goes to $200 a barrel ethanol will be a bargain I would bet, & with goverment debt they really need to end all subsidies except for maybe the smallest 5, or 10% of farmers. Lets face it; 5000 acre farms were never originally meant to be given goverment handouts, & its really criminal to keep it going. Tyson foods the offender of hiring illegals (who pay no income tax) received about a 1/2 million $"s in subsidies just a few years ago, & still had profits in the 100"s of millions! Why did they need a single dollar? Subsidies not suprisingly have been a carrot for congress, & some presidents, & this country needs weined from it badly! & I mean all areas of subsidies, not just agriculture!
Then You have the USDA which sends subsidy payments to people living in housing divisions, & when they send the checks back saying they dont farm are told to keep it anyway; What a travisty that is by itself!!! Its just another goverment mess that needs to almost, or totally end!
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