Archive - Mar 10, 2010
RANsquawk 10th March Morning Briefing - Stocks, Bonds, FX etc.
Submitted by RANSquawk Video on 03/10/2010 05:00 -0500RANsquawk 10th March Morning Briefing - Stocks, Bonds, FX etc.
Ethanol Boondoggle Gets a Second Life
Submitted by madhedgefundtrader on 03/10/2010 02:07 -0500Running our cars on moonshine is far more expensive than it looks. Cruising to Wal-Mart in our Hummers, while Africa and Asia starve. Corn grown for ethanol now occupies 10% of the total arable land in the US. The world’s largest producer, Brazil, is shut out of the US to keep our prices high. The birth of yet another entrenched lobby in Washington. Is Iowa really worth it?
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