Friday, July 20, 2007

DOING OUR PART TO SUPPORT MILLIONAIRE SHEIKS

The corporation-lobbied politicians who've led us into war in the Middle East are leading the ethanol parade at home and abroad. Ethanol is simply the most widespread, costly, and U.S. security-risking money scam in history.

ETHANOL: A COSTLY SNAKE OIL AND A DANGER TO AMERICA
By Ray Wallace

PRESIDENT BUSH thought it was OK for Arabs to buy control of U.S. ports. Does he also think it's OK for Arabs to invest nearly $185 billion in the fire- and explosion-prone fuel factories now being planned, built, and operated – with U.S. taxpayer money – in farm communities across America?

Concerning Thomas C. Dorr of the U.S. Department of Agriculture (USDA), the following appears in "Dorr calls for new rural investment opportunities," by Jean Caspers-Simmet, in the February 14, 2006 Rochester, Minnesota Agri News:
LINK

"Last June Dorr attended the Second Annual Renewable Energy Finance Forum in New York City.


"Represented in the room was $125 billion of capital willing to invest in green energy. A venture capitalist shared how his firm raised $185 billion capital to invest in Midwest ethanol refining capacity. Dorr asked how much came from the Middle East. The investor said nearly all of it."

If Middle East billions get invested in ethanol plants in the U.S. Midwest alone, doesn't that put our farmers – whom the Bush Administration keeps urging to invest in ethanol plants – in direct and unfair competition with oil-rich sheiks?

This also puts the lie to government propaganda that taxpayer-subsidized ethanol distilleries are supposed to benefit U.S. family farmers and their local communities.

Bush also claims ethanol helps cure U.S. addiction to Middle East oil. Whoever heard of his Middle East buddies' investing a penny to wean anyone off oil?


TEXT

$185 BILLION DOLLARS to invest in those TOXIC TERRORS known as ethanol factories and nearly ALL of the money coming from the Middle East.
Haven't we already sacrificed enough of our wealth, world standing and untold numbers of our troops, helping to prop up some of these same Middle East multi-millionaires dictators? All of those precious commodities and lives squandered, helping to protect these tyrants from the ravages of DEMOCRACY.

Any guess as to where this nearly $185 BILLION DOLLARS of investment money came from? Do we need to give even more of our money to these potentates?

The Middle East holds vasts reserves of oil. Which the ME plans on selling to the U.S. in the form of gasoline. One would think they would be hesitant to invest in the competition that is being sold as an alternative to ME oil.
Yet, these Sultans are more than willing to invest in ethanol factories. They know ethanol and biofuel factories will gobble up THEIR Middle East oil, increasing THEIR profits by increasing the amount of money we pay at the pump

What does that tell you about the mantra we've been hearing about how ethanol will help wean the country off ME oil?

It won't. In fact, it will increase the use of ME oil and natural gas. And the sheiks know this, that's why they're willing to invest billions and billions of dollars into the ethanol craze.

They're just "priming the pump", so to speak.

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