Unintended Consequences?

Quite naturally, if there was a market demand for ethanol in large quantity at the gas pumps, such would have existed for so long as such demand has existed. Nothing at a political level would have had to make it so. Now, I'm not up to speed on the various legislative and regulator mandates regarding ethanol and whatnot, but it would certainly be interesting if it turns out that our force-backed demand for corn-based ethanol is what's got millions of Mexicans wringing hands over how they're going to pay for their next tortilla. Didn't take "free-trade" Calderón long to cave, did it? Not when you have to "do something" and political futures are at stake. On Thursday morning, Mr. Calderón, a fierce advocate of free trade in last year’s campaign, let the hammer fall. He announced that he had reached an agreement with the major businesses involved in corn products to stabilize the price of tortillas at a maximum of about 35 cents a pound. Oh, I see. He "reached an agreement;" and so, naturally... He also fixed the price of cornmeal sold to mom-and-pop tortilla shops at 14 cents a pound and announced that government-owned shops in rural areas...

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Richard Nikoley

I'm Richard Nikoley. Free The Animal began in 2003 and as of 2022, contains over 5,000 posts. I blog what I wish...from health, diet, and food to travel and lifestyle; to politics, social antagonism, expat-living location and time independent—while you sleep—income. I celebrate the audacity and hubris to live by your own exclusive authority and take your own chances. Read More
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