tag:blogger.com,1999:blog-16974359.post3178223137899595833..comments2023-10-18T07:38:07.062-05:00Comments on KY3 Political Notebook: The Nightcap Piece: Hulshof vs. Steelman on the Ethanol MandateKY3 Newshttp://www.blogger.com/profile/16199853676307099084noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-16974359.post-72322119472326533822008-07-02T10:54:00.000-05:002008-07-02T10:54:00.000-05:00Let me see if I've got this right.An economist (St...Let me see if I've got this right.<BR/><BR/>An economist (<B>Steelman</B>) 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.<BR/><BR/>Why is that?<BR/><BR/>Here's your answer:<BR/><BR/>"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."<BR/><BR/>“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.”<BR/><BR/><BR/>As the mandated demand for corn causes a shortage, Kenny makes more money from his corn crop.<BR/><BR/>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.<BR/><BR/>Source: <A HREF="http://www.mpnblog.com/2008/03/hulshof-farm-subsidies-above-average.html" REL="nofollow">Missouri Political News Blog</A><BR/><BR/>The Blog's source - The Environmental Working Groupwhistleblowerhttps://www.blogger.com/profile/05756261902163588613noreply@blogger.com