tag:blogger.com,1999:blog-11542449.post6266086683180036071..comments2024-03-28T15:39:28.239-04:00Comments on Vital Remnants: Where Obama and McCain stand on ethanol subsidiesMartin Cothranhttp://www.blogger.com/profile/16452612266051351726noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-11542449.post-4245647383615849572008-07-06T16:11:00.000-04:002008-07-06T16:11:00.000-04:001) I read the Telegraph story; I don't see the con...1) I read the Telegraph story; I don't see the connection to ADM. Yes, ADM produces HFCS, they also are into biofuels. Also, the Telegraph mentioned no subsidies for that company.<BR/>2) If ADM stock drops that much with the subsidies they receive, perhaps the company should shut down?<BR/>3) I found a website http://www.ncga.com/ but didn't fids a link to "their" side of the story.<BR/><BR/><BR/Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11542449.post-66510549089019605802008-07-06T09:42:00.000-04:002008-07-06T09:42:00.000-04:00You said, "The biggest beneficiary is Archer Danie...You said, "The biggest beneficiary is Archer Daniels Midland,"<BR/><BR/>At July 1 2006, ADM common stock closed at about 40. Last Thursday, it closed a tad over 31. <BR/><BR/>Here's an article about a big corn sweetener company that has fallen on hard times because of high corn costs. Considering the health troubles associated with high fructose corn syrup, one could argue that's a good thing. <Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11542449.post-55970334776239518582008-07-05T22:54:00.000-04:002008-07-05T22:54:00.000-04:00It's kind of scary, but I actually agree that the ...It's kind of scary, but I actually agree that the ethanol subsidy (and tariffs) has never made sense in the US, either economically or energetically. The biggest beneficiary is Archer Daniels Midland, which has given large sums of money to both parties foe many years. Looking at corn links here gives articles only back to Jun 15, 2008 with no indication why Mr Cothran is against ethanol subsidiesAnonymousnoreply@blogger.com