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To: Nachum

Let me see if I understand this correctly: EPA says 8.7 million gallons of a certain kind of ethanol (that which is produced from “non-food” grains) should have been purchased last year, but only 21,000 gallons have ever been produced, so therefore 14 million gallons must be purchased this year?

This isn’t logic, it’s a racket designed to create fines. I wonder if Chief Justice Roberts would call this a tax, because setting impossible goals in order to collect fines sure looks like one.


5 posted on 01/31/2013 7:36:28 PM PST by Cyber Liberty (Obama considers the Third World morally superior to the United States.)
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To: Cyber Liberty

Don’t forget the companies were also fined $6.8 million in penalties for not using the non-existent cellulosic ethanol.

http://www.instituteforenergyresearch.org/2012/01/12/government-forces-refiners-to-pay-fine-for-nonexistent-ethanol/

Look for next years fines to be larger since they will miss the target by even more.


8 posted on 02/01/2013 4:20:25 AM PST by thackney (life is fragile, handle with prayer)
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