Money Down the Corn-Hole

Barack Obama has billed himself as a candidate that represents genuine change. However, his energy policy, which promotes the production of ethanol derived from heavily subsidized corn, belies that characterization. Obama has continuously announced his fervent support for the conversion of corn into biofuel which, as has been discussed here at the Imp, is energy-inefficient, environmentally damaging and a threat to the world food market.

In emphasizing corn-based ethanol, the candidate that was supposedly above ’special-interests,’ seems to bow quite low for the agri-giants and influential constituents in his home state of Illinois, such as corn ethanol-king ADM (who, coincidentally, once provided him with subsidized flights on their corporate jets). Continued subsidies for corporate behemoths, unsubstantiated tariffs blocking sugar(cane) importation…is this really change we can believe in?