Thread: Pork and Corn

Send a copy of this to all your US Congress people.

UB

Pork and Corn

"Agribusiness Group forms to protect Ethanol Subsidies." Why companies like ADM, Monsanto, DuPont and Deere need tax-money to move into ethanol is just beyond me. Isn't that what capital markets are for? Meantime, the price of food - especially corn-finished beef - is being bid up by - you'll love this - our own tax dollars! Is this a marvelous country, or what?

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I'm serious as a heart attack here: ADM's gross profit for the past 12 months is $3.24 billion, Monsanto's was $4.29 billion, put DuPont down for $9.09 billion, and Deere did $7.83 billion gross profit.



I must be 24-kinds of stoopid (sic) to want to see companies with a combined gross profits (ttm basis) in excess of $24 billion dollars start sucking off our hard-earned income taxes. Send them to the capital markets! If ethanol makes sense, let the free markets do their job!



Who are these dopes in Washington who aren't getting it? Socialize losses, underwrite the rich, and privatize profits. No different than communists back when, except instead of a dacha, there's Vail trips and use of corpgov jets. Oh...did I forget something? Campaign contributions for the incumbent recipients...OMG...how foolish of me... forgot to mentioned this.
http://www.urbansurvival.com/week.htm#wkchrt

Makes the blood boil and the heart goes stone cold, horrible times:

Who are these dopes in Washington who aren't getting it? Socialize losses, underwrite the rich, and privatize profits. No different than communists back when, except instead of a dacha, there's Vail trips and use of corpgov jets. Oh...did I forget something? Campaign contributions for the incumbent recipients...OMG...how foolish of me... forgot to mentioned this.