Romney Supports Ethanol Subsidies

Should we start or end with a face palm?From Real Clear Politics

On his first trip back to the nation’s first voting state as a soon-to-be declared presidential candidate, former Massachusetts Gov. Mitt Romney reaffirmed his support for federal ethanol subsidies — an always important campaign issue in Iowa that figures to take on an even more central role in the divided GOP field.

“I support the subsidy of ethanol,” Romney told a potential voter after an event here was cut short by a fire alarm. “I believe ethanol is an important part of our energy solution in this country.”

Understandably, he is saying this in Iowa, a big grower of corn for food fuel, and needs to pander. Personally, I prefer Jersey corn, which is so sweet and tasty and goes great with a grilled steak with a bit of Montreal spicy seasoning…..drool…..OK, moving back to the here and now, this isn’t a particularly wise idea outside of Iowa, as conservatives, and even some liberals (such as the NY Times) are realizing that corn based ethanol is a particularly bad idea. It is an inadequate substitute for oil, it produces more greenhouse gases than oil, and it is one of the major causes in escalating food prices.

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On one hand, you have to admire Romney sticking to his guns. You pretty much know what you’ll get with him: a good businessman, a good leader, but another big government Republican with some liberal leanings. On the other hand, that didn’t help him get the nomination in 2008, and could hurt him in 2012.

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