unimpressedpragmatist

Two Ethanol Plays: Pros and Cons

The alternate energy program is the biggest government sponsored scam of the twenty-first century. There isn't enough corn in the world to cover the demand for food and fuel; and, there never will be!

Nancy Pelosi, the dimwit from fruit and nuts land, a.k.a. San Francisco, is a leading example of the chicanery being practiced by government officials in their quest to deceive the American people into supporting schemes that will contribute to the politicians' plans for wealth. She has, surreptitiously, invested about $150,000 in T. Boone Pickens latest proposition to have the taxpayers underwrite his dubious plan to push alternate energy proposals. He has asked California taxpayers to grant him a $10 billion bond to get his program moving with no guarantees that the investment will make any difference in the struggle to achieve energy independence. Of course, Pickens and Pelosi will come out winners while the taxpayers get screwed, again.

Oh yes, Pelosi’s investment is, definitely, a conflict of interest. Alternate energy is a government-sponsored program and the Speaker has a very real influence on the content and funding of this legislation. Will she be punished? Very doubtful.

However, back to the original premise of the future and worth of alternate energy and ethanol. The American people, over 70% of them, are demanding the implementation of the Republican proposal to Drill Here, Drill Now, Pay Less. They will not tolerate the Democrat weaseling and procrastination on this very important issue. Already, the Dems (Dims) are awaking to the fact that it is an election year and the electorate is mad as hell and won’t take it any more. Of course, the Dem proposals on energy independence are worthless and time consuming and will go nowhere. Look for a big movement to oust them in November.

The Republicans aren’t much better but, at least, they have a workable and worthwhile program to achieve energy independence before we pursue alternate energy as a final solution.