Some of the Issues Underlying the Ethanol Scam

Click here for an excellent article that details a lot not being detailed today. Today you hear and read a lot about the economic benefit to communities affected by ethanol. This article written by Jeff Goodell dated 7/24/2007 on the Rolling Stone Website goes a long way in rectifying that lack of information. This article pretty much says all the things that all at once fit together and go with the word 'scam'.

As good as this article is, it does not go far enough. I have no fault with what he said, but that he did not say enough.

All of the harm that flows from this decision to take our food and turn it into fuel needs to be listed. There is a lot of harm suffered by a lot of people. The environment and industries are in peril as a result.

Alongside of this should be shown who benefited. Goodell names some names and he does show the relationships that are involved in perpetrating this upon the entire world. He just does not go far enough. Once the problem is clearly defined and the scope of harm examined a solution can happen.

Along with this there are a couple of books that are informative. They both go right along with this and they helped me understand quite a bit better why things happen the way they do when governments are involved.

The Shock Doctrine


Confessions Of An Economic Hitman

In future posts I'll be looking at the elements that have both gained and lost as a result of the ethanol scam. I'll make up a way of displaying the results and try to get that all in one post when I am done. At that time you should be able to understand completely why the whole ethanol scam is correctly labeled a scam.