POSTED: Wednesday, August 15, 2012 - 6:59pm
UPDATED: Tuesday, October 9, 2012 - 6:30pm
tyler, tx — I go to a cowboy church.
When I started visiting, I was amazed at the number of people still in ranching full-time--- if not part-time--- just to make ends meet from their other jobs.
These people's livelihood depends on the price of beef.
That's why I was extremely angry this morning when the news reports started flowing that President Obama said basically, let's protect ethanol.
That starts to fiddle with the price of beef.
Town Hall reports the president said on the campaign trail, "Prices are low, farmers and ranchers need help, so it makes sense It makes sense for farmers who get to sell more of their product, and it makes sense for taxpayers who will save money because we're getting food we would have bought anyway at a better price."
As Town Hall explains, none of this makes sense. In fact, Obama's move only harms American consumers while protecting a corrupt federal program.
A drought is currently driving down corn production. The shortage of feed is forcing livestock producers to slaughter animals early, putting downward pressure on meat prices in the short run and guaranteeing shortages and higher prices next year. But nature is not the biggest factor in this crisis -- the government is. Specifically, the federal government's ethanol mandate, which requires that 13.2 billion gallons of corn-based ethanol be produced in 2012.
The ethanol deal is the biggest sack of sugar that the America people have ever been sold.
The main reason we have to deal with this is Iowa has such a big say-so in a presidential primary process that is about is out of date as a rotary telephone.
This bull corn about ethanol corn needs to be stopped now.
That's my point of view, what's yours?