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Double Injustice: Bush Signs Executive Order Mandating More Ethanol Usage
As you will see in this link to his "speech" at the Rose Garden on Monday, President Bush announced plans to sign an executive order to make the EPA mandate 35 billion more gallons of ethanol be put into the refining system for US domestic use by 2017.
This is not only an injustice to economics and freedom, pushing the market in a direction which free participants have not chosen, and, by definition, sending capital into less efficient areas, it is an insult to the Founding Fathers.
Watch www.fee.org for Gardner's article about the ethanol boom, and why, of all people Fidel Castro was on the right track when he criticized the US government for manipulating the market in favor of bio fuels.
Right now, feel free to read the words of the President, and try to remember what he has forgotten: the US Constitution, and market economics.
http://online.wsj.com/article/SB117916779841202218.html?mod=googlenews_w...