When It's Obvious to the most casual Observer, the MSM jumps on the Bandwagon. . . although I don't think eliminating Ethanol mandates/Subsidies will help Gas prices very much. .food prices, yes . . .What would really help would be to DRILL, and Drill some more...and stop the 3 formulas per year for Gas/Diesel Refining...Global warming is NOT an ISSUE anymore, especially since the COLD Spring is taking it's toll on upcoming Fruit harvests.

The MSM is a victim of their own News cycles.....the ones that are not TRUE...You would think that someone reporting the Economics of the Country would get a Clue.

5.00 Gas will bring Rain, Snow, and Environmental murders....and Congress "persons" will NOT be re-elected if you're in office when it happens.

Right now, I believe this election is McCains to lose. He'll blow out either one of these left-wing lightweights...unless..unless... he fails to get out front on this issue. By Fall, this will be the defining issue of this election. If either Hussein or the wicked witch from the left picks up on corn, ethanol and food prices (which will continue to skyrocket), they could carry the election because people will be enraged by this government-driven crisis.

Cramer is absolutely right but incomplete. The government subsidizes ethanol to the tune of 51 cents per gallon. Drop that subsidy along with the infernal mandates and prices will plummet. If McCain comes out and says that, he wins in a landslide.

If he doesn't...

so will prices on everything. Milk, eggs, and tortillas etcetera.

I pray.

Very, very soon Cramer will be declared a wingnut,unamerican and a tool of the oil companies.

I posted this in the Open Thread this AM, but it fits here.

Ted Turner disagrees with Cramer. He says the problem is overpopulation, and ethanol is the solution!!

He said:

“There are a lot of different problems being caused by an ever-increasing number of people in a finite-sized world,” Turner said. “The resources of the planet just can’t keep up with the demand and I’m afraid this going to be more commonplace. I’m afraid we’re just seeing the tip of the iceberg.

and

“liquid fuels made from plants and trees, including biodiesel for trucks and generators and ethanol for cars and cooking – could do more than fight problems like pollution and global warming.”

So ethanol is not the problem; it's the solution!!

(Unfortunately he doesn't say what those "more" things are.)

Turner operates on the "zero sum" principle...that nothing ever changes. He fails to consider that because of advances it now takes considerably less farmland to feed the same number of people. He doesn't consider farmland that isn't being used (because the farmers get paid not to plant.) He just assumes there is a finite amount of food that has to be divided among more and more people.

Well Ted, you can look at it this way: if a few billion people die of starvation, that will be good for the planet, right? You can take solace in that.

The actual record tells it all. VP Gore was the deciding the vote (51-50) that started this ethanol madness. Countless factual speeches preceded the vote warning of increased hunger and starvation in the world. Since mechanized farming began, the world had experienced a decrease in hunger year after year after year. In spite of the world's population more than doubling! Until now. The upward curve has flattened and is poised to plummet. Throughout history wars fought over food and power have been the most ruthless. Now we have both on the horizon.

If you check the facts you'll see (counting everything such as transportation to haul the corn) it currently requires a gallon of gasoline to produce 0.7 gallons ethanol. Ethanol is 70% as efficient as gasoline. To replace 40% of all fossil fuel used with ethanol would require every square inch of the earth's surface to be planted in corn. Forget about all other crops and all national parks. It isn't talked about but ethanol emits MORE pollution than does gasoline.

There were countless speeches and warning given of what is just now beginning to happen. What say, ethanol proponents when presented with the above facts. "Science will improve and it's the thought that counts". Well, the same holds true for gasoline. Average usage of gasoline has doubled in efficiency in the last 20 yearsand pollution hs been cut by 80%.

I'm from Kansas. My business benefits from ethanol plants. EVERY farming magazine contains articles telling farmrs NOT to talk to the media about how much money they are making. Many are making more money in a year then they used to make in five. Farmers are WARNED not to show off their bulging assets. Put the money in the bank - not in a matching gold plated cadillacs for you and the wife.

Thank you for this massive transfer of wealth from mostly Blue states to mostly Red states! Yuo are total fools! What the government doesn't confiscate, I'll put it to good use! Thanks again!

BUT

We have this pending problem of a billion people dying of starvation. Hungry people do desperate things. There was warning after warning but it feel on deaf ears. The Democrats were automatically in favor of any vote buying scheme. That was to be expected. Did you know most farmers are registered Democrats? Who would have guessed? When the Democrats control government farm subsidies go from big to huge. They're no dummies. But the people count adds up to mostly Republicans in Red states. Why did very conservative Pat Roberts of Kansas vote for ethanol and minimal border crossing enforcement? The same reason all of politicians vote for anything that adds $$ to farming, even if it leads to mass starvation. Yes, I'm ashamed of them but a Democrat in the same position would have voted the same way. So it doesn't matter who is in office, farming will get richer as the world starves. Dear Mr. Gore: you were warned and warned. 1st grade lesson you must have missed. Food comes from land, not the grocery store.

Did you know the world's average temperature has DROPPED in each year of the last five years. Many areas of North America experienced their coldest winters ever this year. Five more years of this and the world's temperature will be BELOW what it was in 1850. Did Mankind cause that too? The term Global Warming is suddenly almost gone. Several networks and many newspapers have quietly banned it. Doubt me? Start counting. You'll now hear "climate change". The climate has ALWAYS changed! But, for the sake of the "People's Party" (DNC) Mankind will be at fault no matter what happens. Katie said it, Oprah said it, Sean Penn and all the other trained climatologists said so.

It's not the few thousand demagogue politicians who play to the emotions of people to gain power that reaqlly bothers me. It's that more than half of the voters accept it unquestionably. Mankind will be at fault no
matter what happens. Katie said it, Oprah said it, Sean Penn and all
the other trained climitologists said so. Even Nobel winning kicked out of Harvard Al Gore said it. It must be true!

Before the end of the first term of the next president we'll be hysterical about the coming new Ice Age. Except this change will be REAL! Starvation today is a matter of politics and war. Not the ability to grow sufficient crops. That is changing at a blinding speed. Wars over food and resources are where the losing side dies. It will be wars fought over dwindling resources. The losers will starve. Some are already that have no power to do anything but die.

In the meantime we have enough fossil fuel to last hundreds of years except it is inconvient locations. Our Kansas governor just vetoed the most non-polluting, most efficient coal burning plant that technology can build. Why? She's surrounded by an ethanol bonanza. Why shouldn't corn be $15 a bushel? It just means $8 gas and a billion people starving. She's doing just fine in Topeka!

Yes, this will all end eventually and, right now, the outcome does not look pretty. Ready to revisit the 14th century? it is coming soon.

Any comment Mr. Gore? You lead the charge against all factual warnings all coming true today. You lead us on emotion so get worked up again about something you know nothing about and tell us lemmings which direction the cliff is. We're ready!

The Heritage Foundation warned of this last year, http://www.heritage.org/Research/EnergyandEnvironment/wm1512.cfm  but who listens to conservatives?  I guess Pelosi and Reid were trying to assert cheaper gas into existence.   

 Nancy Pelosi and Harry Reid, starving the poor one gallon of ethanol at a time. Fill your tank with E85 and cull a village.