Skip to comments.Al Gore Mea Culpa: Support for Corn-Based Ethanol Was a Mistake [Ooooops....]
Posted on 11/24/2010 7:32:31 AM PST by Enchante
Now he tells us. Al Gore says his support for corn-based ethanol subsidies while serving as vice president was a mistake that had more to do with his desire to cultivate farm votes in the 2000 presidential election than with what was good for the environment.
(Excerpt) Read more at politicsdaily.com ...
Nice to have such candor from the the big fraud himself.
thought you’d be interested in this one
About 50-100billion in direct subsidies.
50 billion in market distortion( higher food, grain prices)
50??? billion is destroyed engines, carborators, repairs, lawn mowers, older fiberglassed in boat fuel tanks, aircraft engines, boat engines.
So, say 150-200 billion in direct and indirect costs.
( Instead of getting out of Viet Nam after 4 months and going to divinity school, and then flunking out, Al should of taken a middle school science class.)
PS. Lots of limpwrist, green, liberal RINO’s and farm state hack Republicans and ADM moneytakers supported this racket.
pss. ON TO THE NEW RACKET!
Where did you get your number for direct subsidies? One of the comments below the article gives 7.7 billion. I have no opinion, except that it’s surely more than $1 billion.
Truly pathetic! Not only Mr. Gore, but all those ignoramuses that believed him. We all need to think more and feel less.
Yeah, it was not a “mistake”,
it was a calculated fraud on his behalf in order to gain political power.
I’d assume that Leisler is referring to cumulative subsidies over a decade whereas the article is referring one current-year subsidies??
He forgot to take his meds?
You need to get your pencil back out. There were/are no direct subsidies for ethanol fuel. The govt. simply didn’t tax it. Thats like calling the Bush tax cuts government spending. I am not buying into the govt. owns the world unless they decide they don’t theory.
And if you think about the benefit all along from the abundant and ergo cheaper ancillary products from the corn milling operations, you have it completely opposite on higher food prices. Take ethanol out of the mix now and see what happens to food prices. It wont be pretty - corn syrup, lysine, citric acic, gluten, corn oil, etc.
Is he trying to come clean so he can run against Obama in 2012?
Is he trying to come clean so he can run against Obama in 2012?
What a creepy human being. Who else has had the temerity to shout, “He played on our fears,” in reference to GWB, and then foist such fear inducing crap on the world.
It wasn’t just algore, it was Bob Dole, and Grassley and a host of corn state morons. Exporting our fantastic crop surplus would not pay as much as a goldman sachs ethanol futures market, which should ring a lot of bells when you think about the carbon credits exchange which has folded but is coming back with this “im sorry” gambit from moron gore.
Al is upset because the hispano DREAM act constituency is seeing a huge rise in the price of corn tacos.
What irks so many is that ethanol is NOT a clean burning fuel at all, in addition to all of the above and the subsidies and the damage to engines and all the rest.
That’s nice Al - now put all the tothpaste back in the tube.
Many have seen the photo of al in vietnam looking down the barrel of an m16.
next time al do us all a favor and pull the trigger.
Riiight, no direct subsidies, sure, but plenty in between and special tax code write ups.
There is an ethanol commodities market, no? And corn futures. Explain how this decision, which is demonstrably causing havoc in the small engine field as well as in automobiles that are paid for, is a good one? My equipment replacement costs have doubled due to corrosive effects of ethanol.
Was this not another creation of Goldman Sachs, like carbon credits, like derivatives exchange like a hundred other areas of so called “investment”.
And now, the ethanol lobby wants MORE ethanol required to be added to gas. So they can make more money for a specific block of growers and futures traders. We do export ethanol, you know. Imagine that.
It takes petrochemicals to feed the corn to grow to make the ethanol. We have to import the crude to make the fertilizer, and all the “no till” in the world can’t make up for that. And then we export the ethanol, but not enough, so now we need to have more required in our own gasoline, to help the “flex fuel” cartel. Is it any surprise that Soros is so heavy in Monsanto and genetic mod seed industry?
It is not energy independence that was sought by Dole, Grassley and others- it was serious cash and their cartel of political hacks, along with mr. enviro liar gore.
I understand quite well the corn syrup, lysine,etc. derivative products. Ethanol is not a clean burning fuel on top of all this. The whole thing needs to be rolled up. If we’re gonna make ethanol, at least let it be Jack Daniels and stop pouring it in our gas tanks.
I’d be willing to accept the cumulative value of them. But where are those numbers from?
And affected the standard of living of poor people who saw food costs rise.
And asking for a “reach around” from his massager- he is well named. Gore, as in “Blood, especially that from a wound when thickened due to exposure to the air” .
Or, as a verb”To pierce with the horns. The bull gored the matador.”
We’ve been gored all right with the help of Bob “the dole”.
re: “the govt simply didn’t tax it”
but when competing energy sources ARE taxed then it amounts to a “subsidy” for ethanol in the market price
no, not a “direct” subsidy ala govt expenditures, but making non-ethanol fuel products comparatively more expensive and ethanol less expensive than its competitors
“What a creepy human being.”
Ain’t that the truth!
Yes, I think you found a fault, that total lifetime was 7-8 billion, but not per year.
So ethanol saved the economy in total money?
No. It was a burden. An imposed burden, that free people, free markets wouldn’t of chosen.
Tax is a forced burden with a number put to it.
We are just arguing about the number. The force and the burden are facts.
listen... warming, cooling, it was 50/50. so i took a shot!!!
You’re right, we all should always believe Al Gore, particularly when he says he’s wrong about something. Which he has indeed done. This appears to be the very first time that he’s done so.
It’s a lot better to subsidize the “bone-idle bums” (as P.J. O’Rourke called them) in the OPEC countries by buying overpriced oil, than it would be to reopen some land to ethanol production as part of bringing about not only US energy independence, but also an end to the financing of our own demise by the world caliphate.
Al “massage my adductors” Gore does not have a prayer. He is a pariah even amoungst his own kind. He is a joke (albeit a fat one) and hasn’t one ounce of credibility.
There are better ways to do that than wasting time/money on pipe dreams like ethanol.
A good alternative for all this ethanol would be to bottle it, slap on STOLICHNAYA labels, and sell it to the Russians.