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To: neverdem
I would only have subsidies for other methods

If you were a major corporation, would you invest in other ways of making ethanol and other biofuels, and there are many, without some sort of signal from the government that they are here to stay? Tax credits, or subsidies if you prefer, are one signal that they are here to stay.

Or we can continue to trade our currency for foreign products.
74 posted on 11/25/2007 11:28:49 AM PST by P-40 (Al Qaeda was working in Iraq. They were just undocumented.)
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To: P-40
"I would only have subsidies for other methods until they also are proven to make no economic sense."

I would only have subsidies for other methods

You took my statement out of context, and then give a questionable reason for doing so.

If you were a major corporation, would you invest in other ways of making ethanol and other biofuels, and there are many, without some sort of signal from the government that they are here to stay? Tax credits, or subsidies if you prefer, are one signal that they are here to stay.

Or we can continue to trade our currency for foreign products.

If you look at the inflation in food prices, the dollar's value is being decreased either way. Subsidies for corn derived ethanol don't make sense. They need to be phased out.

83 posted on 11/25/2007 12:28:20 PM PST by neverdem (Call talk radio. We need a Constitutional Amendment for Congressional term limits. Let's Roll!)
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