So what is it with the anti ethanol crowd anyway? Can't wait to b!tch about farmers living off the government again when you manage to crash the entire rural economy? I put everything I grow through cattle,but I'm smart enough to know that a rising tide raises all ships.With inputs being what they are,$2 subsidies for corn ain't gonna cut it folks. Time for a little history lesson here guys. Nixon,Ford and Carter all had huge deficits. They financed them by printing useless money. The result,low value of the dollar against foreign currencies,high oil prices and a disaster here at home.Reagan knew that and made a deal with congres to borrow money to finance the deficit until congress got a handle on spending. We all know that didn't happen,but it did have the desired effect on the economy. So what's the genious at 1600 Pensylvania Ave,who I voted for twice doing now? Printing money. So,what happens when we buy oil with weak currency? We don't get as much for our money as other countries do,who's currency hasn't lost value against that of oil exporting countries. Now,what happens to grain exports with a weak dollar? Just the opposite.Why would you buy from Brazil,Argentina,Canada or Australia when your curency will buy twice as many bushels here? The result,shorter stocks and higher prices. Remember what I told you a while back about the fake flour shortage in the 70s? So what were we treated to last week? A rice shortage,when there is so much rice in storage that plantings are going to be down because of a surplus and low prices. Some of you guys need to put aside the politics and look at a little history and use some common sense. Whenever I hear something from the press anymore,all I have to do is remember one thing. Y2k. Boy that was the end of the world wasn't it. Pack mentality in the media. Why find the facts when it's so much easier to follow the crowd? So go ahead,keep up the anti ethanol and ruin us all.
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Today's Featured Article - A Cautionary Tale - by Ian Minshull. In the early 1950s my father bought an Allis Chalmers B and I used it for all the row crop work with the mangolds and potatoes, rolling and the haymaking on our farm. The farm and the Allis were sold and I have spent a lifetime working on farms throughout the country. I promised myself that one day I would own an Allis. That time event
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