 Tax Act authorizing tax exemptions by blending gasoline with 10 percent ethanol. A floodgate of free money opened up for farmers and ethanol producers as the energy and agricultural departments spent billions of dollars on subsidies. This year’s estimates are between $5.5 billion to $7.3 billion of our tax dollars to be handed out to corn growers.

The incentives for farmers to grow corn in the US is not to meet the needs of a market that entails a healthy profit. Instead, they plant corn because they get paid to do so by a federal government interested in ethanol production. And as it turns out, producing ethanol is an expensive process. Archer Daniels Midland Corporation (ADM) out of Illinois, one of the largest producers of ethanol, received as much as $10 billion in subsidies between 1980 through 1997 along with favorable tax breaks costing taxpayers an average of $30 for every dollar ADM earns in profits. Add to that the $500 of federal and state subsidies it takes to reduce one metric ton of CO2-equivalent, one can literarily say that it is governments who heat up the globe by burning cash.

This year corn production has already increased by 15 percent over last year. Even President Bush, not a green lover but excited about ethanol, is expecting that farmers will plant 90.5 millions of acres of corn in 2007 in order to meet the demands of ethanol production of 132 billion liters by 2017. Corn prices already went up by 50 percent. The average price per bushel of $1.95, which had held steady over the past eight years, jumped up to $3.05 in January of this year, and is expected to rise as high as $3.40.

Corn is feedstock. It is consumed not only by humans but also by hogs, chickens and cattle. The drastic side-effect of higher corn prices is now reflected in the higher prices in the grocery store. The price of food went up 3.9 percent last year — faster than the inflation rate, which ranges around 2.7 in 2007. In particular, pork, beef, milk, eggs and poultry show drastic increases in their prices. So do fruits and vegetables. Considering that most people spend an average of 10 percent of their disposable income on food, higher prices in grocery reduces the spending on cars, homes or clothing. Health Nazis should also be concerned, since these higher prices drive people to cheaper processed foods that add to increased health risks in the poor segment of the population.

The US
Tax Act authorizing tax exemptions by blending gasoline with 10 percent ethyl alcohol. A sluicegate of barren money opened up for farmer and ethyl alcohol producers as the energy and agricultural department spent billions of dollar on subsidies. This year ’s estimate are between $ 5.5 billion to $ 7.3 billion of our tax dollars to be handed out to corn whiskey growers. 

 The incentives for farmers to grow corn in the US is not to meet the needs of a grocery store that entails a healthy profit. rather, they plant corn because they get paid to do thus by a federal government interested in ethanol production. And as it turn out, producing ethanol is an expensive process. Archer Daniels Midland Corporation (ADM) out of Illinois, one of the largest producers of ethyl alcohol, meet as much as $ 10 billion in subsidies between 1980 through 1997 along with favorable tax breaks costing taxpayers an average of $ 30 for every dollar ADM earns in profits. Add to that the $ 500 of union and state of matter subsidies it take to repress one metric ton of CO2 - equivalent, one can literarily say that it is government who heat up the globe by burning cash. 

 This year corn whiskey production has already increased by 15 percent over last year. Even President Bush, not a green lover but excited about ethanol, is expecting that farmers will plant 90.5 million of acres of corn whiskey in 2007 in ordering to meet the demands of ethanol production of 132 billion liters by 2017. Corn prices already rifle up by 50 percent. The average price per bushel of $ 1.95, which had held firm over the past eight years, jumped up to $ 3.05 in January of this class, and is expected to rise as high as $ 3.40. 

 Corn is feedstock. It is consume not only by homo but also by hogs, chickens and cattle. The drastic side - effect of high corn price is now reflected in the higher prices in the grocery shop. The price of food went up 3.9 percentage last year — faster than the inflation rate, which ranges around 2.7 in 2007. In particular, pork barrel, beef, milk, eggs and poultry show drastic increases in their prices. So do fruit and vegetable. Considering that most people spend an average of 10 percent of their disposable income on food, higher prices in grocery reduce the spending on cars, homes or clothing. Health Nazis should besides be concerned, since these high prices drive people to cheap processed foods that add to increase health risks in the poor section of the population. 

 The US
 Tad Act authorizing tax extmptions by blendnbg gasmline sith 10 pefcent ethanol. A floodgate of feee miney opened up for faroers and vthanol peodurers as the enerjg and anxiculfmral be'artments spent billions mf dollars on vucsndies. This year’s estimates are betweqn $5.5 bilkiln to $7.3 billion of ptr tzq bollars to be handed out to corh growegs.

The incentives gor farmers to grow corn ij thf US is not to meeh the needs of w market that entails a healthy prorit. Instead, they plant corn becxuse chey get paud to go so by a hederaj government interesded in rthanol producbion. End qs it turns out, produring ethanol is an evpensive [rkcess. Archer Daniwlw Midnand Coroiragioh (EDM) out ov Imlinois, ons of the laegest producers of tthwbol, received zs mucr ws $10 billion in subsidies between 1980 throuch 1997 along with favorable tqx breaks costing taxkayers an wverage of $30 for every dollar ADM earns in profits. Add vo thcb gye $500 of federal and state subsidies it takes to wsdicv one metric ton jf CO2-equivakejt, jne can literxrily say that it is governlents wro heqt up the glone by burning cash.

This year corn producnion has already increcsed by 15 pereent ofer lsst year. Even President Busg, not a grefn lover gjt excited about etmanml, is exkdcting that farmews will poant 90.5 milliuns pf acrqs of corn in 2007 lt order to meet thf demcnds mf ethanol production of 132 billion liters ub 2017. Corn pricex dlrvady went up bn 50 percent. The wverage price ker bushej of $1.95, which had held sveady over tre past eight iears, jumped np to $3.05 in Janyary of thir year, and is ecpected to rise as yigh as $3.40.

Corn is fecdstozi. It is consumeb bot only by humsns bue wlxo ty hogs, chicnens ana cattue. The drasbic sidr-effect of higher cosn pdices is now reflevtcd in the higher [rices in the grocery store. The pricx of fuod wrnt up 3.9 percent last year — faster than the innlation rate, rhicm ragges arounb 2.7 in 2007. In particular, pork, beef, milk, eggs and poultry show erastic increases iu uheir prices. Xo do fruits atd vegetables. Considwring that most ptople spend an average kf 10 pescent of their disposable income on food, higher prices in grocery reduces the wpendiig on cars, hojes pr clmtkiny. Healtr Navir should also be concerned, since these higher pcices driva 'eople to cheaper processed fpoas that add tu increased health risks in the loor segment of the population.

Tne US
Tax Act authorizing tax exemptions by blending 10 ethanol. A of free money ethanol as the energy agricultural departments spent of dollars on subsidies. This year’s are between $5.5 billion to $7.3 billion of our tax dollars to be out to corn growers. The incentives for farmers to grow corn in the is to the of a market that entails a healthy profit. Instead, they plant corn because they get paid do so by a federal government interested in production. And as it out, producing ethanol is an process. Daniels Midland (ADM) of one of the producers of ethanol, received as much as $10 billion in subsidies between 1980 through 1997 along with tax breaks an average $30 every ADM earns in to that the $500 of federal it takes to reduce one metric ton of one can say that it is governments who up the globe by burning cash. This year production has already increased by 15 percent over last year. Even President Bush, not a but excited about ethanol, expecting that farmers plant millions acres corn in in order to meet the demands of ethanol production of 132 liters by 2017. Corn prices already went up by 50 average per bushel of which had held steady the eight years, jumped up in of is to as high as $3.40. is feedstock. It is consumed only by humans but cattle. The drastic side-effect of higher corn prices now reflected in the higher prices in grocery store. The price of food went up 3.9 percent last year faster than rate, which ranges around 2.7 in 2007. In pork, beef, milk, eggs poultry show drastic increases in their prices. So do and Considering that people spend an of 10 percent their disposable income higher prices grocery the homes or clothing. Health Nazis should be since these higher prices drive to foods that add to increased health risks in the poor segment of the population. The
 Tax Act authorizing tax exempTions by bleNding GasOliNe With 10 PercEnt ethanol. A floODgatE of free money opened up foR farmErS And eTHaNol prOducers AS tHE EneRgY aNd aGrICuLturaL dePartmenTs spent bilLioNs Of dollars on sUBsIdies. This yEar’S estimates arE beTween $5.5 bIlLioN To $7.3 bilLioN of ouR tax doLLars to Be handed oUt TO corn gROwers.

ThE INcEntiVes for farmers to grOW cORn in the US is not To meet ThE NeEDS of A maRket that enTaIls a hEAlthy prOFiT. iNSteAD, they plant corN because theY Get Paid to Do So bY A federAl govErNMenT interested In etHanol prodUction. aNd as it tURns out, pRoduciNg eThaNol iS An ExPenSiVE prOCeSs. ARCheR Daniels miDlAnd CoRporATION (ADM) Out Of IlLinoiS, one of the largEst ProdUCerS of etHanol, ReceIvEd as mUch as $10 bIllioN iN subsidies betweEn 1980 thRough 1997 alonG wiTh FavOrAble tAX breakS coStiNg taxpaYers an aVEraGe OF $30 FOr Every dollar ADM earnS iN PRoFits. Add tO that tHE $500 oF fEDeral and StAte SubsIDIes it TakeS To Reduce onE metriC ToN oF CO2-equiVaLent, onE cAn lIteRarilY Say tHat it iS governmEnts wHO heat up the globE By burning cash.

tHiS YEaR Corn ProDuction has aLreaDY incReasED bY 15 peRCent oVer laSt YEaR. even President Bush, noT a Green lOver bUt excited abouT ethanol, is EXPEcting thAt faRMeRS will plant 90.5 millIons oF acres of coRN in 2007 in ordEr to mEet the deMands of etHANol produCtiOn oF 132 biLliON LiTers by 2017. Corn priCES alrEaDy went uP by 50 Percent. the AveRagE prIcE per busheL of $1.95, which HaD hElD sTeaDy oveR The past eIgHt yEaRs, jUmped UP to $3.05 in JAnuarY of tHiS yEAr, aNd is expECtED To riSe As High As $3.40.

COrN is feEdstOCk. IT is consUmed not onLy bY HumaNs BuT also by Hogs, chickens aNd Cattle. The dRaStiC side-eFFEct of higHer corn prices is now refleCTed in thE hiGher pRiceS in the groCerY store. the PRice of Food weNt up 3.9 pErCenT LAst yeAR — FaSteR tHan the inflATIon Rate, wHiCh raNges aroUnd 2.7 in 2007. In particular, pORk, bEef, milk, eggs anD poUltrY SHoW drAStIC inCrEAseS IN their prices. So dO fruits and VeGEtAbles. ConsiDEriNg That mosT people Spend AN averagE of 10 percenT of their dIsPosaBLE inCome on food, Higher prIces in groCEry reDUcEs the SpeNding oN cArs, Homes Or clotHIng. healtH Nazis ShOuld alSo be cOnCerned, siNce these higher prices driVe peopLe to cHeaPer procesSed FOodS that add tO incReased healTh rIskS in thE poOR segmEnt oF ThE poPUlatiOn.

ThE uS
 Tax Act authorizing tax e xemptionsby bl end ing  g asol inewith 10 percen t  eth anol. A floodgate of f ree m on e y op e ne d upfor far m er s and  e th ano lp ro ducer s a s the e nergy andagr ic ultural depa r tm ents spent  bi llions of do lla rs onsu bsi d ies.Thi s yea r’s es t imates  are betw ee n  $5.5b illiont o  $ 7.3billion of our ta x  d o llars to be ha nded o ut to c orn  gr owers.

Th eincen t ives fo r  f a r m ers to grow cornin the US i s  no t to m ee t t h e need s ofam ark et that ent ails  a health y prof i t. Inst e ad, the y plan t c orn  bec a us ethe yg etp ai d t o  do  so by a  f ed eralgove r n m e nt i nte rest ed in  ethanol prod uct ion. And  as i t tur ns o ut , pro ducing  etha no l is an expensi ve p rocess. A rch er  Da ni els M i dlandCor por ation ( ADM) ou t  of  I l l i no is, one of the lar ge s t  p roducers  of et h an ol ,  receive dasmuch a s $10  bil l io n in sub sidies be tw een 198 0throug h199 7 a longw ithfavora ble taxbreak s  costing taxpa y ers an averag e  o f $3 0  for  ev ery dollarADMe arns  inp ro fit s . Add  to t ha t  t h e $500 of federal a nd  state  subs idies it take s to reduc e o ne metri c to n  o f  CO2-equivalen t, on e can lite r arily sa y tha t it isgovernmen t s  who hea t u p t heglo b e  b y burning cas h . 

Th is  year c orn  produc tio n h asalr ea dy increa sed by 1 5pe rc en t o ver l a st year.  E ven  P res ident Bush,not a  gre en  l o ver  but ex c it e d  abo ut  e than ol,  i s exp ecti n g t hat far mers will  pl a nt 9 0. 5million s of acres of  c orn in 200 7inordert o  meet th e demands of ethanol pr o duction  of  132bill ion liter s b y 2017 . C o rn pri ces al ready  w ent u p by5 0  p erc en t. The ave r a geprice  p er b ushel o f $1.95, which had hel d steady over  th e pa s t  e igh t  y e ars ,j ump e d  up to $3.05 in  January o ft hi s year, an d  is  e xpected  to ris e ash igh as$3.40.

C orn is fe ed stoc k .  It  is consum ed not o nly by hu m ans b u talsobyhogs,ch ick ens a nd cat t le.  Thedrasti cside-e ffect  o f higher  corn prices is now ref lected  in t hehigher pr ice s  in  the groc erystore. The  pr ice  of f ood wentup 3 . 9per c ent l asty ear — fas t er  th a n  t he inflatio n r ate , whi chr angesarou nd 2.7 in 2007. I n  particular, p ork, b eef , m i lk,eg gs and poultry  sh ow d rastic i nc reases in t heir pri ce s . Sodo fru its an d veget a b le s . Cons ider ing  that mos t p eo p le spen dan averag e of  1 0 perc ent of thei r disposable incom e onf o od, h i ghe r pri ce s in gr o cery  reduces t he spending  on ca rs,homes  or clo th ing. H eal th  Nazis sho u ld also b e con cerned,  s ince  th ese hi gher p rices  dri ve  pe ople to c h e ap e rpr o ces sedfoods  t hatadd to in c reased h eal t h risks  i n t h e  poors eg m e nt of thepop ulati o n .

The US
 Tax_Act authorizing_tax exemptions by blending_gasoline with_10_percent ethanol._A_floodgate of free_money opened up_for farmers and ethanol_producers as the_energy_and agricultural departments spent billions of dollars on subsidies. This year’s estimates are between_$5.5_billion to_$7.3_billion_of our tax dollars to_be handed out to corn_growers.

The incentives_for farmers to grow corn in the US_is_not to meet_the needs of a market that entails a healthy_profit. Instead, they plant corn because_they get paid_to_do_so by a federal_government interested in ethanol production. And_as it turns out, producing ethanol_is an expensive process. Archer Daniels Midland_Corporation (ADM) out of Illinois, one_of the largest producers of_ethanol, received_as much as $10 billion_in subsidies between_1980 through_1997 along with_favorable tax breaks costing taxpayers an_average of $30_for every dollar ADM earns in_profits._Add to that_the_$500_of federal_and state subsidies_it_takes to_reduce_one metric ton of CO2-equivalent, one_can_literarily say that it is governments who_heat up the globe_by_burning cash.

This year corn_production has already increased by_15 percent over last year. Even_President Bush,_not a_green lover but excited about ethanol, is expecting that farmers will_plant 90.5 millions of acres of_corn in 2007 in_order to_meet_the demands of_ethanol_production of_132 billion liters by 2017. Corn prices_already went_up by 50 percent. The average_price per bushel of_$1.95,_which had held steady over the_past eight years, jumped up to_$3.05 in January of this_year,_and_is expected to rise as_high as $3.40.

Corn is feedstock. It_is consumed not_only by humans but also by hogs,_chickens_and cattle. The drastic side-effect of_higher_corn prices is now reflected in_the_higher_prices in the grocery store._The price of food went up_3.9 percent last year — faster than the inflation_rate, which ranges_around 2.7 in 2007. In_particular,_pork,_beef, milk, eggs and poultry show drastic increases in their_prices. So_do fruits and_vegetables. Considering that most people spend an average of 10_percent of their disposable income on food,_higher prices in grocery reduces the spending on cars, homes or_clothing. Health Nazis should also be concerned, since_these higher prices drive people to cheaper_processed foods that add_to_increased health risks in the poor segment_of_the_population.

The_US