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Archer Daniels Midland (ADM) and the Criminal Insanity of Ethanol Subsidies (g1a2d0036c1)
Image by watchingfrogsboil
ARCHER DANIELS MIDLAND (ADM) AND THE CRIMINAL INSANITY OF ETHANOL SUBSIDIES
Global Revolution 1: American Revolution 2: Day 36: Communication 1
IronBoltBruce’s Kleptocracy Chronicles: 22 Oct 2011 (g1a2d0036c1)
According to the Center for Science in the Public Interest (CSPI),
"Subsidies to companies that blend corn ethanol into gasoline, coupled with
a mandate to market billions of gallons of that gasoline annually, cost
taxpayers billion a year. Using corn for fuel leads to higher prices for
corn and foods with corn ingredients – all for a program without significant
environmental benefit."
www.cspinet.org/new/201110131.html
But according to Straight Dope columnist Cecil Adams, the CSPI was incorrect
in saying ethanol is "without significant environmental benefit" because it
actually offers no environmental benefit at all: "The capper … is the
claim that it takes more energy to make a gallon of ethanol than you get by
burning it. One of the most vocal proponents of this view is Cornell
University ecology professor David Pimentel. In an analysis published in
2001 in the peer-reviewed Encyclopedia of Physical Sciences and Technology,
Pimentel argued that when you add up all the energy costs – the fuel for
farm tractors, the natural gas used to distill corn sugars into alcohol, and
so on – making a gallon of ethanol takes 70 percent more energy than the
finished product contains. And because that production energy comes mostly
from fossil fuels, gasohol isn’t just wasting money but hastening the
depletion of nonrenewable resources."
And according to Energy Tribune writer Robert Bryce, the actual cost for
taxpayers to subsidize ethanol is almost triple the CPSI’s billion
figure: "Last year, the Congressional Budget Office reported that the cost
to taxpayers of using corn ethanol to reduce gasoline consumption by one
gallon is .78. This year, the corn ethanol sector will produce about 13.8
billion gallons of ethanol, the energy equivalent of about 9.1 billion
gallons of gasoline. Using the CBO’s numbers, the total cost to taxpayers
this year for the ethanol boondoggle will be about .2 billion. In short,
ethanol subsidies are nearly four times as great as those provided for oil
and gas, even though the domestic drilling sector provides about 36 times as
much energy to the U.S. economy." (As if oil companies should be
taxpayer-subsidized either!)
So who are you and I – American taxpayers – annually gifting (what
"subsidizing" really means) this billion ethanol corndoggle to? The
biggest beneficiaries are of course the major corn ethanol producers like
Archer Daniels Midland (ADM), who along with Monsanto and other Big Ag (Big
Corn) cronies contributed heavily over the past several years to many
members of this bipartisan group of 15 U.S. senators who last November
signed a letter demanding an extension of these economically and
ecologically unjustifiable government giveaways:
Sen. Kent Conrad (D-N.D.)
Sen. Chuck Grassley (R-Iowa)
Sen. Christopher ‘Kit’ Bond (R-Mo.)
Sen. Tom Harkin (D-Iowa)
Sen. Amy Klobuchar (D-Minn.)
Sen. Ben Nelson (D-Neb.)
Sen. Sam Brownback (R-Kan.)
Sen. John Thune (R-S.D.)
Sen. Tim Johnson (D-S.D.)
Sen. Byron Dorgan (D-N.D.)
Sen. Mike Johanns (R-Neb.)
Sen. Al Franken (D-Minn.)
Sen. Debbie Stabenow (D-Mich.)
Sen. Mark Kirk (R-Ill.)
Sen. Claire McCaskill (D-Mo.)
ADM’s share of the corndoggle take is substantial, and it’s only part of the
corporate welfare ADM’s been been receiving from Uncle Sam – you and me -
for many years. According to a 1995 article by James Bovard of the Cato
Institute, "At least 43 percent of ADM’s annual profits are from products
heavily subsidized or protected by the American government. Moreover, every
of profits earned by ADM’s corn sweetener operation costs consumers ,
and every of profits earned by its ethanol operation costs taxpayers
."
www.cato.org/pubs/pas/pa-241.html
In an outstanding article entitled "Starvation, Obesity, and Corporate
Welfare: Archer Daniels Midland and U.S. Policy", Charles Krakoff of
EmergingMarketsOutlook.com gives us the rest of the story:
"ADM has exerted a strong influence on U.S. agricultural policy for at least
40 years. In 1973 Earl Butz, President Nixon’s Agriculture Secretary,
engineered a shift away from the New Deal policies of farm price supports,
which included limiting production of corn and other major commodities, to
encouraging farmers to produce as much as they could, regardless of price.
The government henceforth would pay direct subsidies to farmers to make up
the difference between the market price and what it considered an
appropriate floor price … providing a windfall to major corn processors…
Except it wasn’t precisely a windfall, since ADM had done a great deal to
engineer this outcome. During the Watergate investigation, Special
Prosecutor Archibald Cox indicted then-ADM CEO Dwayne Andreas for giving
0,000 in illegal contributions to Hubert Humphrey’s 1968 Presidential
campaign. But Andreas was nothing if not bipartisan. Richard Nixon’s
secretary Rose Mary Woods testified that during Nixon’s 1972 campaign
Andreas handed her an envelope containing 0,000 in 0 bills. Between
1975 and 1977 Andreas gave ,000 in ADM stock to the children of David
Gartner, senator Humphrey’s chief of staff at the time, whom President Jimmy
Carter in 1977 named to head the Commodity Futures Trading Commission (he
was later forced to resign when the details of the ADM gift came to
light)…"
"ADM continues to lavish huge sums on candidates for high office. During
the 1996 Presidential campaign ADM gave 0,000 to Bob Dole’s Better
America Foundation, provided numerous free rides on ADM’s corporate jets to
Senator and Mrs. Dole, and gave over .5m in soft money to the Republican
National Committee. Though Bob Dole lost his Presidential race he remained
highly influential as a Senator and helped arrange the 54-cent per gallon
ethanol tax credit of which ADM, producer of more than 60% of America’s
corn-based ethanol, is the main beneficiary. ADM also contributed to
Clinton’s and George W. Bush’s campaigns. Although Barack Obama apparently
has received no direct campaign contributions from ADM – ADM was, however, a
major sponsor of the 2008 Democratic National Convention – as a Senator from
ADM’s home state of Illinois Mr. Obama was one of several farm-state
Senators who staunchly opposed a Bush Administration proposal to lower the
prohibitively high import duties on Brazilian ethanol made from sugar cane.
During his Presidential campaign Mr. Obama vigorously defended the corn
ethanol subsidy, and as President he has kept the policy firmly in place…"
"If rigging U.S. agriculture, trade, and energy policies to its advantage
weren’t enough, ADM has also conspired with other agro-processing giants
such as Cargill and Ajinomoto to fix prices for lysine, citric acid, and
corn syrup. It paid a 0m fine in 1996 for lysine price-fixing in a plea
bargain that led to two-year prison sentences and 0,000 fines for Michael
Andreas, Dwayne’s son and heir apparent, and Terence Watson, another ADM
executive. At around the same time, ADM, Cargill, and the British sugar
company Tate & Lyle were indicted by the U.S. government for conspiring to
fix the price of high-fructose corn syrup. Though they were cleared of
criminal charges in 1999, they subsequently settled a lawsuit brought by
U.S. food and beverage manufacturers, Cargill paying m, Tate & Lyle
0m, and ADM 0m…"
"The funneling of taxpayer dollars into ADM’s bottom line continues
unabated… Then there is the effect of ethanol subsidies on world hunger.
You may remember the commodities price boom in the first half of 2008,
before the housing market crash, when the oil price hit 7 a barrel, the
corn price went to .65 a bushel, and more than 30 countries, including
Bangladesh, Cameroon, Egypt, Haiti, India, Indonesia, Mozambique, and
Senegal, suffered widespread and deadly food riots. The spike in the corn
price was caused largely by the diversion of roughly a third of America’s
corn crop to ethanol production. This had a knock-on effect on wheat and
rice prices. Numerous grain exporting countries, including Argentina,
India, Vietnam, and Russia, imposed export bans, which contributed to
shortages and price rises in countries dependent on food imports. The same
phenomenon may be about to repeat itself…"
"You can’t blame ADM for hot weather in Russia. But if you had to identify
one principal cause of what seem to be recurring food shortages and price
shocks, you’d have to look at U.S. agricultural policy, and if you look at
U.S. agricultural policy you have to look at ADM. Ethanol subsidies and
tariff protection divert cropland from food production to energy production.
It’s as if you cut down a corn field to put in a power plant, except a power
plant has a much smaller footprint than the thousands of acres of corn
fields needed to produce an equivalent amount of energy. The competition
for cropland intensifies, food prices shoot up, and the world becomes much
less stable. Starvation abroad and obesity at home, ADM is one corporation
with a lot to answer for."
Related Image:
philebersole.files.wordpress.com/2011/06/big-corn2.gif
Related Video:
www.youtube.com/watch?v=n4p0072GwjM
Shortened Links:
This document contains links shortened using tinyurl.com to
facilitate emailing. If you are concerned that we would use them to cloak
phishing or malware, you should open them with this: longurl.org
###
THE IMPOTENCE OF ELECTIONS
Our Kleptocracy-controlled media focuses on America’s two-year election
cycles as if who wins or loses was a matter of life or death, when in fact
even at the Presidential level it makes no more difference than who wins on
Monday Night Football, American Idol, Dancing With The Stars, or Hillbilly
Handfishing. U.S. elections are staged primarily to give Sheeple the
illusion of control so they will (a) vent their frustrations and expend
their energy, emotions and resources supporting or attacking the Puppet on
the Left hand or the Puppet on the Right, and consequently (b) never
recognize and challenge the common omnipotent Puppetmaster.
There was no real change in 2008. There was no real change in 2010. There
WILL be real change in 2012, but it won’t be coming from tele-brainwashed
couch potatoes, manipulated voter lists, rigged voting machines or
predetermined ballot counts. It will be coming from us…
The 99 Percent
###
I AM NOT ANONYMOUS. I AM AN AMERICAN.
I am not just a Consumer. I am a Citizen.
I will no longer be labeled Left or Right, Liberal or Conservative,
Demopublican or Republocrat.
I will no longer follow Puppets labeled Left or Right, Liberal or
Conservative, Demopublican or Republocrat.
I am the People. And I am coming for the Puppetmasters.
I am part of the 99 Percent. And I demand the following:
1. End the Fed.
2. Reverse Citizens United.
3. Repeal PATRIOT Act.
4. Expose 9/11 Truth.
5. End Profit Wars.
6. Refund Taxpayer Trillions.
7. Imprison the Kleptocrats.
8. Single Term Limits.
Or, if these demands are not addressed promptly:
1. Regime Change.
###
WHY WE MUST END THE FED
tinyurl.com/kleptocracytutorial
These GAO proposals are toothless, too little and too late:
www.gao.gov/products/GAO-12-18
www.gao.gov/products/GAO-11-696
###
LABELS (A POEM OF PROTEST)
"Democrat", "Republican",
The parties of the system;
Puppets both, for sale their votes,
No character or wisdom.
"Liberal", "Conservative",
For change or status quo?
Pick either one, the change is none,
All charlatans and whores.
Far "Left" we place the Anarchists,
Libertarians claim far "Right";
Yet both decry the government:
False continuum brought to light.
For oil, "We" bomb their mud huts,
Strip them bare, then offer "Aid";
And fake their retribution as
Pretext – a false flag raised.
Unarmed hundred thousands killed
By weapons of "Defense",
While rights are lost for "Freedom" sake -
On profit, all depends.
With stroke of pen, the "Patriot" Act,
And patriots’ gifts are taken;
Then "Citizens United" leaves
Our citizens forsaken.
We protest loss of liberties,
Put "World Wide Web" to use;
Cloudmark Authority censors us
For "messaging abuse".
They label us to finger-point,
With labels, "They" deride us;
Their labels keep us all at bay,
For with labels, "They" divide us.
IronBoltBruce
###
JOIN THE GLOBAL REVOLUTION!
Occupy Wall Street/OWS:
Occupy DC/Stop the Machine:
Occupy Together:
Take this Pledge:
###
PLEASE HELP US STAY IN THIS FIGHT…
Freedom isn’t Free! The revolution needs resources, folks: Your donations
will be used to pay our living and operating expenses so we can continue to
devote our full time and attention to informing the People and exposing the
Kleptocracy pulling all strings Left and Right. Any amount you can spare
will make a difference, so please click or go here today:
www.wepay.com/donate/ironboltbruce
Great Egret (Ardea alba) on Morro Strand State Beach, CA
Image by mikebaird
This is a somewhat manipulated version of my Great Egret photo posted at flickr.com/photos/mikebaird/501821581/ – Great Egret (Ardea alba), Morro Strand State Beach, Morro Bay, CA 16may2007 – Canon 20D 100-400mm IS handheld – photo by Mike Baird bairdphotos.com – this "manipulation" was attempted because the horizon was not perfectly level in the original, and straightening the image would have clipped a bit of the top wing of the Great Egret… by comparing each image you can see where I have cloned pieces of the sky, water, and tips of the top wing and tips of the feet to complete the composition. Comments welcome… Mike Baird mike at mikebaird dot com\
To use this photo, see access, attribution, and commenting recommendations at www.flickr.com/people/mikebaird/#credit – Please add comments/notes/tags to add to or correct information, identification, etc. Please, no comments or invites with badges, images, multiple invites, award levels, flashing icons, or award/post rules. Critique invited.
05 June 2008 Creative Commons usage note: Hi Mike, My name is Kenneth Jonsson. I want to thank you so much and inform you about a music video I have made. Two of your (fantastic) images are in it. flickr.com/photos/mikebaird/2181766735/ flickr.com/photos/mikebaird/507188808/ The Willet pic mainly and the Egret pic as a shadow. Youtube clip here www.youtube.com/watch?v=9SrelA7kD3A and better resolution clip for download here www.adrive.com/public/433532addb6fa5c060520b8ac342302c770…
Once again, Thanks. It’s such a pleasure to work with this truly amazing material. best regards. Kenneth
09 June 2008 usage note: This image is one of six of mine that were used in a video under the Creative Commons Attribution License by artist Kenneth Jonsson www.flickr.com/photos/24671917@N04/ , kenny_is [at} yahoo d o t com youtube.com/user/fadernsonen at youtube.com/watch?v=Zl4oHzEgq1U and (high-res) adrive.com/public/9d069ed4500c879c86d4d035d682d38764a3efc...
The six images used are:
flickr.com/photos/mikebaird/507188808
flickr.com/photos/mikebaird/324317766
flickr.com/photos/mikebaird/501782892
flickr.com/photos/mikebaird/501819857
flickr.com/photos/mikebaird/2328444918
flickr.com/photos/mikebaird/666135766
also used at www.youtube.com/watch?v=4GyqLnxd9TU&sdig=1
Creative Commons use at a blog
10 Match 2010 EPA The Office of Wetlands, Oceans, and Watersheds (OWOW) to use this image as the cover for their annual report; (approved) patriciascott61 has sent you a message on Flickr.
Subject: Permission to use Egret Photo for epa
Date: 10th March, 2010
Hi Mike: I'm interested in using your egret photo for the cover of our Annual Report for 2009. I work for the Environmental Protection Agency's Office of Wetlands, Oceans and Watersheds. Here's the link to your image:
www.flickr.com/photos/mikebaird/507188808
Can you let me know in writing if I have permission to use your photo? How do you want the photo credit?
Can you please let me know today? Thanks!
email is scott.patricia [at} epa d o t gov phone is 202-566-1292
06 Oct 2010 Creative Commons use approved for California AAA
I am pleased you will be using my "Great Egret (Ardea alba) on Morro Strand State Beach, CA" image in an upcoming AAA publication. The image is sourced at
www.flickr.com/photos/mikebaird/507188808/
Login with a free ID there and you can see Action> View-all-sizes to get to the 5400x3600 original at www.flickr.com/photos/mikebaird/507188808/sizes/o/
to farm1.static.flickr.com/191/507188808_ddacd7376b_o.jpg
www.flickr.com/people/mikebaird/#credit
answers every question ever asked about using one of my photos under Creative Commons (CC) Attribution: How to attribute, access full-resolution versions, how to link back to the image page, and how to please comment on the image used linking to your use. "Mike" Michael L. Baird, mike [at} mikebaird d o t com; Bairdphotos.com 2756 Indigo Circle, Morro Bay, CA 93442
flickr.bairdphotos.com photomorrobay.com eysu.org
iPhone (805) 704-2064 (primary #, text, voicemail); alt home (805) 772-2044.
On Wed, Oct 6, 2010 at 11:27 AM, Glenn Silloway wrote: Hi Mike: California AAA actually wants to highlight Morro Bay and the festival in an upcoming issue, and asked us for photos. I downloaded your flying great egret (copy attached) and sent it to them -- they liked, but it's too small for their print needs. Can you send them a suitable photo (they mentioned 4 X 6 at 300dpi)? If yes, please send to bailey.april {at] aaa-calif d o t com and anderson.lori [at} calif-aaa d o t com. I asked them in the first place to make sure to attribute to you and told them it was from Flickr with Creative Commons license. If you need anything else, of course add it. Thanks. (please let me know whether/if you send this). Glenn
22 June 2011 Creative Commons use note:
I am a Project Editor with EF English First in Shanghai, an English as a Foreign Language company. We are currently developing a new set of textbooks for teenage learners and are planning to use your image www.flickr.com/photos/mikebaird/507188808/ in a unit about photography. The books should be released in mid 2012. We will try to get you a copy when it’s released. Thanks for sharing your images! Best, Jared Moore Jared.Moore [at} ef d o t com
I did not receive my free annual credit report, and the site says i have. What should i do?
Question by : I did not receive my free annual credit report, and the site says i have. What should i do?
I am a colorado resident, and did not receive my free annual credit report. I went through the proper procedure, put in all of my information and it says i have already gotten it this year. This concerns me even more as i am sure i have not. I am wondering what i should do about this, as i think it may suggest that someone has been using my social security number when they shouldnt have. Please help me on the proper course of action for me to take…
Best answer:
Answer by Brian
i dont know
Know better? Leave your own answer in the comments!
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