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Sunday, December 28, 2008

Ethanol racket seeks US bailout in spite of promotional assistance by MLB

  • Pa. Gov. Ed Rendell, MLB's Tim Brosnan, Chevy official Ed Peper, 2006 Fan Fest
The ethanol racket seeks US taxpayer bailout on top of existing taxpayer subsidies. Its major companies such as VeraSun are either bankrupt or on the verge Ethanol has already robbed US taxpayers of millions, much of it transferred to 'green' funds, caused global starvation and displacement. Credit also to Hollywood, the US MEDIA, the UN, the Nobel committee, etc.,
  • who bullied this scheme and ridiculed non 'believers.'
Even the nation's children were used as sales aids again at taxpayer expense (forced to view Al Gore's movie). An MLB executive cited proof for the existence of man-made global warming as GM went along, produced some ethanol using cars which MLB promoted (as part of its global warming alarmism). MLB was on the front line of the ethanol bully pulpit. (WSJ.com, 12/24/08): "Don't expect Congress to listen. Ethanol may never be profitable in the real world, but in Washington it's a lucrative business that provides jobs and votes. Like Fannie Mae and Freddie Mac, ethanol is a business created by Congress that now has to be bailed out to save Congress from embarrassment." photo from gm.com

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