Corn Ethanol Scam News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Field no favor. the problem with what wear seeing out of the obama administration, the democratic party, we'll just cut these $4.4 tax preferences given to the oil and gas sector, while they're completely ignoring the cost to taxpayers of $16 billion for the corn ethanol scam. they're getting 130 times as much in the way of subsidies as the oil and gas business, and yet we don't hear anything about that. >> neil: i'm curious with awful these tax credits, various write-offs and all, do they really change the game? in other words does it make any of the big guys particularly any more or less inc...

Natural gas business will be hurt dramatically. yes, it would hurt some of their profits, we'd slow down in domestic drilling, but the solar and wind industries in particular would evaporate right away, go into cardiac arrest. the same with the corn ethanol scam, but if you look at the subsidies for wind, for instance, it's still not economic today even though the tax credit is a value of about $6.47 per btus. >> neil: you're so brilliant, you're losing me. the bottom line is if you have to incentivize something just to prop it up, you want to let the market decide, right? >> sure. there's a r...