But I would definitely like to hear more from him with specifics as to why hes staying in the ethanol camp.
Corn futures?
I don’t trust Gingrich as far as I could throw him.
It’s never a good idea to burn your food.
Could it be that Iowa is the first primary?
Stop ethenol subsidies now.
Pray for America
Ethanol is Washington’s curse on this nation. It is proof that their solutions can only be bad. Screw you Newt!
Newt is an opportunist who will suck up to anyone who can conceivably advance his political career or wealth. Ethanol lobbyists, Nancy Pelosi, corrupt former mayor of Atlanta Shirley Franklin, etc., and then when caught in the headlights tries to weasel out of it with a non sequitur. Conservatives don’t need to support him. When he doesn’t make it in 2012, after living off his campaign fund he’ll end up as DC lobbyist of some organization like the corn producers.
Newt is actually Grahamesty is a patriotic professor’s clothing - Beware!
Proceed with extreme caution!
Lost of your Genuine Conservative Political Bearings are at risk!
DC Insider corruption suspected.
Maybe he “testified before Congress against the Obama administrations cap-and-trade energy-tax scheme”, maybe he didn’t.
But regardless, he sat on that couch with Stalinist Pelosi and declared with her that Global Warming is the problem and that carbon is the cause. Once he did that, the only “solutions” can be big government interventions of one kind or another. And that means some form of cap-n-trade.
If he tries to say that he and Stalinist Pelosi had free market solutions in mind when they agreed to agree on this “vital issue”... then you know he’s a liar or a dunce.
“My support of increased domestic energy production of all forms, including biofuels and domestic drilling, is born out of our urgent national security and economic needs”
Stoooooopid Newt. Increasing food prices means wars and revolutions across the world. How is this in our advantage, especially since the ‘energy’ is affordable only because of huge subsidies.
Dolt!
Maybe Newt realizes the American Consumer is the ultimate beneficiary of all these production enhancement subsidies.
Lets say 5% more disposable income X 300 million people from cheaper supplies of Food, Cotton and Fuel....
300,000,00 X 45,000 income X 5% is some 600 billion
pretty modest compared to 6 billion ethanol subsidies that as per Urbanchuk actually pay back the Treas 3 to 1 basis
You the American consumer can afford IPads and IBM’s because of these subsidies.
Uh, no.
“My support of increased domestic energy production of all forms, including biofuels and domestic drilling, is born out of our urgent national security and economic needs.”
No no no. How about cutting subsidies to everyone, and cutting taxes, and letting markets decide? If prices go up, fine, consumers can pay for that from their higher after-tax disposable income.
How can domestic oil producers NOT make money when oil is $90/barrel? Canada makes money off its tar sands at $70/barrel! Less regulation, less subsidies, less taxes, less government.
I don’t care whether the winner is oil, gas, nuclear, solar, ethanol, whatever - just as long as it is the market making the choice, not a liberal president or for that matter a crony capitalist leech like Jeff Immelt.
When you look back through Newt’s history, you will find votes and actions that took care of his big money donors. I expect ‘ethanol’ has such people in Newt’s ‘big tent’.
Example....in 1998, the Clinton admin was doing a pretty good job of busting companies employing illegal aliens...until...
Newt and the rest of the Georgia delegation DEMANDED workplace enforcement be stopped....because it was annoying their big Vidalia Onion producers.