Tuesday, July 01, 2008

The Nightcap Piece: Hulshof vs. Steelman on the Ethanol Mandate

Reversing course from her previous position, Republican candidate for Governor Sarah Steelman is calling for an end to Missouri's 10 percent ethanol mandate. Republican rival Kenny Hulshof believes doing that would push gas prices even higher.

Watch the debate, including what one local farmer has to say, in our piece on KY3 News @ 10 HERE.

1 comment:

whistleblower said...

Let me see if I've got this right.

An economist (Steelman) and a farmer (who had just been to a Hulshof fundraiser) both say that the ethanol mandate is contributing to higher gas prices - Hulshof disagrees.

Why is that?

Here's your answer:

"But as a the owner of a farm, Hulshof also has a personal stake in the amount of subsidies approved in the annual Farm Bill. The Environmental Working Group's (EWG) Farm Subsidy Database reported the subsidies that Hulshof personally received amounted to $48,233 between the 2003 and 2005 fiscal years. A total of 64 percent of Hulshof's subsidies during the period were corn-related."

“US Congressman Kenny Hulshof received nearly $50,000 in federal farm subsidies in recent years, more than the average farmer in his congressional district and in the state of Missouri.”

As the mandated demand for corn causes a shortage, Kenny makes more money from his corn crop.

An honorable person would refuse to weigh-in on the mandate because of a personal financial interest. –I think this speaks volumes about Kenny's integrity.

Source: Missouri Political News Blog

The Blog's source - The Environmental Working Group