“adding that “Wall Street millionaires” would “let them eat ethanol.”
Well, yes, kinda, sorta. The residue from alcohol production for ethanol is a protein rich residue used locally in Iowa and other places to feed cattle (http://www.npr.org/templates/story/story.php?storyId=87782087- will not come up now so search under corn residue for the story – Fuel, Food Demand Raise Corn, Soybean Prices) and could be used to feed people. Alcohol production takes the carbohydrates from the corn leaving the protein. It appears the corn field to feed yard transportation path is broken. That is the unintended consequence of rushing into a government subsidized program to feed cars by redirecting raw corn from the cattle. And who wants our corn, rice, soybeans and other crops anyway since much is genetically modified and the EU frowns on that innovation. Some African countries, following the EU lead, have been willing to let people starve rather than take our corn.
Just like the new ice age and mass starvation prophecies from the 1970s, we’ll get over it after the system rights itself.
