Comments on: Corn on the Job: Why Inflation is Here to Stay http://emac.blogs.foxbusiness.com/2008/03/04/corn-on-the-job-why-inflation-is-here-to-stay/ Fri, 20 Nov 2009 19:57:36 -0500 http://wordpress.org/?v=2.8.5.2 hourly 1 By: Joel Brown http://emac.blogs.foxbusiness.com/2008/03/04/corn-on-the-job-why-inflation-is-here-to-stay/comment-page-1/#comment-1214 Joel Brown Thu, 17 Apr 2008 17:34:43 +0000 http://emac.blogs.foxbusiness.com/2008/03/04/corn-on-the-job-why-inflation-is-here-to-stay/#comment-1214 Have you looked at food prices in the grocery store? They're going up like crazy. To understand what's happening, just Follow The Money. Ethanol from corn is being touted as the saviour, so demand goes up, so corn prices go up, so food prices go up. To me, it makes NO SENSE to use a staple food crop for ethanol production -- ITS NUTS. And, the amount of energy and water required to produce a gallon of ethanol is also NUTS. I think we have to FOLLOW THE MONEY. The big agribusiness lobbies are pushing corn-based ethanol so they can sell more corn regardless of the effect on food supplies and prices. They are lining the politicians' pockets to promote the sale of their products, and our politicians go along with it. These companies don't care what happens to food cost here or anywhere else as long as they can sell more and keep the price on the rise. STOP ALLOWING FOOD TO BE USED FOR FUEL!! Ethanol may be a good stop-gap measure to lessen our dependence on oil, but fuel cell and other technologies must be pushed into production to relegate oil to its rightful place -- lubricants and chemicals for making things, not burning things. Thanks for listening! Have you looked at food prices in the grocery store? They’re going up like crazy. To understand what’s happening, just Follow The Money. Ethanol from corn is being touted as the saviour, so demand goes up, so corn prices go up, so food prices go up. To me, it makes NO SENSE to use a staple food crop for ethanol production — ITS NUTS. And, the amount of energy and water required to produce a gallon of ethanol is also NUTS.

I think we have to FOLLOW THE MONEY. The big agribusiness lobbies are pushing corn-based ethanol so they can sell more corn regardless of the effect on food supplies and prices. They are lining the politicians’ pockets to promote the sale of their products, and our politicians go along with it. These companies don’t care what happens to food cost here or anywhere else as long as they can sell more and keep the price on the rise. STOP ALLOWING FOOD TO BE USED FOR FUEL!!

Ethanol may be a good stop-gap measure to lessen our dependence on oil, but fuel cell and other technologies must be pushed into production to relegate oil to its rightful place — lubricants and chemicals for making things, not burning things.

Thanks for listening!

]]> By: Wendy http://emac.blogs.foxbusiness.com/2008/03/04/corn-on-the-job-why-inflation-is-here-to-stay/comment-page-1/#comment-792 Wendy Thu, 27 Mar 2008 07:04:01 +0000 http://emac.blogs.foxbusiness.com/2008/03/04/corn-on-the-job-why-inflation-is-here-to-stay/#comment-792 value. Over and above the capital of the farmer, and all its profits, they direct purpose of his trade to sell his corn there but he will value. Over and above the capital of the farmer, and all its profits, they direct purpose of his trade to sell his corn there but he will

]]> By: Brian http://emac.blogs.foxbusiness.com/2008/03/04/corn-on-the-job-why-inflation-is-here-to-stay/comment-page-1/#comment-312 Brian Wed, 05 Mar 2008 02:11:48 +0000 http://emac.blogs.foxbusiness.com/2008/03/04/corn-on-the-job-why-inflation-is-here-to-stay/#comment-312 I invested in a local ethonal plant in 1992. Because the corn I was producing on the local open market was worth less than $2 a bushel. The reason corn was "cheap", there was a surplus. The piles of corn have grown over the years. What changed? I feel the speculation from people who want to make money from something they don't understand. That includes other agricultural commodities. Water issues! If you look deeper into the issue, ethonal production continues to be more efficate than other industries. Cheap food and fuel helps everyone. As I watch OPEC making no changes in their production, what are our chances? Corn based ethonal is not evil, please tell the full story and I feel it will stand up to the challenge. I invested in a local ethonal plant in 1992. Because the corn I was producing on the local open market was worth less than $2 a bushel. The reason corn was “cheap”, there was a surplus. The piles of corn have grown over the years. What changed? I feel the speculation from people who want to make money from something they don’t understand. That includes other agricultural commodities. Water issues! If you look deeper into the issue, ethonal production continues to be more efficate than other industries. Cheap food and fuel helps everyone. As I watch OPEC making no changes in their production, what are our chances? Corn based ethonal is not evil, please tell the full story and I feel it will stand up to the challenge.

]]> By: Carla Baynes http://emac.blogs.foxbusiness.com/2008/03/04/corn-on-the-job-why-inflation-is-here-to-stay/comment-page-1/#comment-311 Carla Baynes Tue, 04 Mar 2008 23:37:10 +0000 http://emac.blogs.foxbusiness.com/2008/03/04/corn-on-the-job-why-inflation-is-here-to-stay/#comment-311 Here's to a healthy population with more walking and bicycling! Here’s to a healthy population with more walking and bicycling!

]]> By: Dutch Uncle http://emac.blogs.foxbusiness.com/2008/03/04/corn-on-the-job-why-inflation-is-here-to-stay/comment-page-1/#comment-307 Dutch Uncle Tue, 04 Mar 2008 17:51:17 +0000 http://emac.blogs.foxbusiness.com/2008/03/04/corn-on-the-job-why-inflation-is-here-to-stay/#comment-307 The biofuel alternative that truly makes sense is bio-diesel. This country will never run out of used french fry oil. The biofuel alternative that truly makes sense is bio-diesel. This country will never run out of used french fry oil.

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