BLOOMBERG GOES TO IOWA, and immediately sells out. “The big question on everyone’s mind was how he would approach the subject of ethanol. In the past, Bloomberg has been more than sharply critical of corn-based fuel, blaming it for people starving in other countries and calling government mandates and subsidies for the ethanol industry a national disgrace. With that in mind, it takes some real character and conviction to go face down the voters in King Corn’s backyard and explain to them why their pet issue needs to be sidelined. So how did Bloomberg do? Yeah… he totally caved and knelt at the throne of King Corn just like almost all the other politicians.”