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By William Yeatman & Marlo Lewis Advocates claim that ethanol mandates and subsidies protect our planet, enhance U.S. security, and ease our pain at the pump. In fact, ethanol policy hurts all Americans except for the tiny slice of the population that grows corn or distills it into ethanol. What is ethanol? Basically, in the United States, it is moonshine derived from the starch in corn. You can drink it. Rowdy collegians have been known to mix 1 part ethanol with 40 parts fruit juice to make huge vats of punch for parties. The law does not allow you to drink and drive, but it now forces your car to drink before you can drive. Moonshine is in your gas tank because the corn and ethanol lobbies joined forces with defense hawks and oil industry bashers, and persuaded Congress to enact a Soviet-style production quota of 15... [read full story]
