The Ethanol Papers - Paperturn manuscript - Flipbook - Page 500
I laughed when Steve Hilton says that the need for a replacement for TEL and
MTBE "artificially boosts the ethanol market, and in turn the market for corn."
There's nothing artificial about it. When a need arises, and the solution requires
some new element or raw material, there is nothing artificial about the burgeoning demand or market for that ingredient. This is basic business economics.
When it was decided to use rubber on the wheels of the new-fangled machine
called the automobile, the market for rubber wasn't "artificially" boosted because of the demand, there was a true need for rubber, so the rubber market
bloomed. Maybe you could also use a good book about marketing for Christmas
(or Chanukah), Steve.
Incidentally, everything I've written up to this point only covers the first one minute and fifteen seconds of the almost seven-minute segment of "Swamp
Watch." So you can see why I wrote that "virtually everything" that Steve Hilton
said about ethanol is incorrect...stupidly incorrect.
Then Stevie-boy goes on to impress us (impress upon us, that is, like chains of
bondage) with a statistic from the Manhattan Institute about the cost of ethanol
to the American public. He says that ethanol costs us $10 billion per year in
extra fuel costs. Mr. Hilton uses this statistic as if Manhattan Institute wasn't the
home for such ethanol bashers/liars as Robert Bryce and Mark Mills, who I destroyed in my 60+ page rebuttal of Bryce's cesspool book, "Gusher of Lies." (I
always describe Bryce's book as a "cesspool" book, and not a "seminal" book
because it belongs in a sewer with the other garbage.)
Do you know what costs the American public billions of dollars, er, I mean trillions of dollars? All the wars we've fought over the past 103 years to protect
and defend someone else's petroleum oil. And please notice that I haven't even
yet mentioned the loss of American lives to preserve access to petroleum oil for
Great Britain, France, Germany, Scandinavia, Canada, Japan, Korea, Australia, New Zealand, etc., etc. Talk about real cost, what's the cost of a million
American lives? What's the cost of tens of millions of injuries sustained during
those wars? How do you put a price tag on this?
Next, Steve Hilton brings up the rising cost of grocery food due to the use of
corn for ethanol. Hey Steve, The World Bank called, they want their myth taken
back. In fact, they want the "food vs. fuel" myth taken back so badly that they've
rescinded the wrong information they originally published a decade ago on at
least three different occasions. Ethanol made from corn does not cause food
prices to increase. The increasing cost of petroleum oil raised the cost of transportation, plastic wrapping, and printing inks. This is what has led and leads to
the biggest food price increases.
