Rabid Liberal Rants

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Ethanol subsidies causing NYC bagel prices to go up

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Bagels are costing alot more these days. Why? Ethanol subsidies, paid for by our taxes, allow for grain, that normally go towards food and animal feed, to go to ethanol distilleries.

From ENS, “U.S. taxpayers, by subsidizing the conversion of grain into ethanol, are in effect financing a rise in their own food prices. It is time to end the subsidy for converting food into fuel and to do it quickly before the deteriorating world food situation spirals out of control. “

All this while in Haiti, they’re literally eating dirt, because food prices have gone up.


Written by rabidliberal

January 30, 2008 at 10:33 am

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