Thursday, August 9th, 2012 and is filed under Blog
Bill Buckley famously proclaimed that he would “sooner live in a society governed by the first two thousand names in the Boston telephone directory than in a society governed by the two thousand faculty members of Harvard University.” It’s simply a fact of life that the governing class has a penchant for inanity well beyond the average American. Look no further than the ethanol mandate.
What’s worse than taking 44% of the U.S. corn crop and flushing it down the toilet in the midst of a severe drought? Well, taking 44% of the U.S. corn crop and shoving it down our fuel tanks during a severe drought – so we get to suffer from higher gas prices in addition to higher food prices.
If we were governed by sane people, they would immediately suspend the mandate that 36 billion gallons of biofuels be blended into our fuel supply. They would also get rid of the requirement for 10% of gasoline to be blended with ethanol. Then again, if we were governed by sane individuals, we wouldn’t have such a regressive mandate to begin with.
The ethanol mandate represents the worst aspects of our governing class. They centrally plan our fuel supply – the heart and soul of our economy – in a way the drives up the cost of fuel and food on everyone for the benefit of a few special interests.
This is an issue we plan to push very strongly when Congress returns from recess. We’ll be taking names of those who are unwilling to sign a bill repealing the ethanol mandate.
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