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Politics : THE WHITE HOUSE
SPY 694.04+0.7%Jan 9 4:00 PM EST
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To: pompsander who wrote (4431)5/9/2007 8:02:39 AM
From: DuckTapeSunroof  Read Replies (1) of 25737
 
(Look at the bottom of your post, Pomp....)

I'll say ONE THING for McCain, whether I believe he is right or wrong on any particular issue... there is no doubt that he's got guts.

Coming out *against* ethanol subsidies, in IOWA, and repeating his opposition is GUTSY.

(The position also happens to be correct, IMO, though it sure ain't gonna help him win the Presidency....)

"Most of those subsidies seem to go to large agribusiness instead of the farmers."

That statement, too, is utterly correct. (But, perhaps less important then the main fact that subsidies for corn-produced ethanol are cost inefficient, and do little or nothing to help our competitive position in the world, or with regard to 'energy independence'.)
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