Protective Tariff Wall Coming Down on Brazilian Ethanol

The United States Congress ended a tariff on imported Brazilian ethanol and also ended the corn subsidy that cost taxpayers an estimated $45 Billion since 1980.

This is a victory for free-trade and a major loss for the corn lobby.  The fact is that this 30-year taxpayer subsidization of the corn industry had the effect of securing a higher price for farmers during that period than would have otherwise existed.  The adverse effect for the farmers now is that a much lower price than would otherwise have existed will be brought about; this must happen.  Inefficient producers will be driven out of the market by this fall in price.

Now let’s examine the removal of this protective tariff on imported ethanol from Brazil.  Brazil may be the world’s most efficient producer of ethanol; they use sugarcane instead of corn.  Since we couldn’t produce ethanol as cheaply as Brazil, we erected a “protective tariff wall” that would tax the import offsetting the difference in price.  Without this tariff, U.S. consumers would have chosen Brazilian ethanol over the more expensive domestic product.

In The Wealth of Nations, Published in 1776, Adam Smith rested his case for free trade on one fundamental proposition:

“In every country it always is and must be the interest of the great body of the people to buy whatever they want of those who sell it cheapest.” “The proposition is so very manifest,…that it seems ridiculous to take any pains to prove it; nor could it ever have been called in question, had not the interested sophistry of merchants and manufacturers confounded the common sense of mankind.”

It’s better for us to buy ethanol from Brazil than attempt to make it here.  Adam Smith continues:

“It is the maxim of every prudent master of a family, never to attempt to make at home what it will cost him more to make than to buy. The tailor does not attempt to make his own shoes, but buys them of the shoe maker. The shoemaker does not attempt to make his own clothes, but employs a tailor. The farmer attempts to make neither the one nor the other, but employs those different artificers. All of them find it for their interest to employ their whole industry in a way in which they have some advantage over their neighbors, and to purchase with a part of its produce, or what is the same thing, with the price of a part of it, whatever else they have occasion for. What is prudence in the conduct of every private family can scarce be folly in that of a great kingdom.”

 

 

Our Indoctrination

I saw this video a few days ago and was amazed.  After graduating college and working a year or two in Puerto Rico, I realized that what my public school system education was a joke.  Since then I’ve been pursuing independent study of History, Economics and Politics; important subjects that were avoided or perverted at public school.

I was always very bored and disinterested with school; this ended up being a blessing.  I made it through without my curios spirit being crushed and still had some critical thinking ability and free-will.  I felt bad for my classmates who took the bait and only focused on obedience and the ability to regurgitate information.

University was a little better because I was interested in my field of study and knew my success or failure there would impact the rest of my life.  After Uni. I actually had time for independent study and am finally learning truth, which I encourage all of you to take time for.  I’d be happy to recommend a starting curriculum.

‘Terrifying’ 2012 National Defense Act

One of the hallmarks of a free country is habeas corpus.  In the United States of America, the habeas procedure is included in the Suspension Clause located in Article One, Section 9. of our Constitution that states “”The privilege of the writ of habeas corpus shall not be suspended, unless when in cases of rebellion or invasion, the public safety may require it.”

Lincoln suspended habeas corpus during his presidency and held thousands of political prisoners in the North without charge or trial.  Now our current President may decide allow this to happen again.

S. 1867 (National Defense Authorization Act for Fiscal Year 2012) was passed by the Senate last night 93 to 7 and now heads to the White House where the President has threatened to veto it because of the new detainee matters.

Concerned citizens are emailing and tweeting the President begging him to veto this atrocious act — even if he does, it may still become law as the Senate has an overwhelmingly majority (veto override.)  It is expected to pass the House as well.

What are these ‘terrifying’ detainee matters?  There is a new provision that 60 members of the United States Senate voted to preserve that would allow the U.S. military to pick up and detain, without charges or trial, anyone suspected of terrorism, including American citizens, and to restrict transfers of prisoners out of Guantanamo Bay.

This Bill, authorizes the U.S. Military to detain, torture and even assassinate American citizens on US soil — no right to a trial, no access to a lawyer, the government need only ACCUSE you of being anti-government or connected to terrorism for the NDAA provisions to apply to you.

This could be used against peaceful protesters, bloggers, journalists…

Sen. Rand Paul was one of two Republicans who voted to remove the military’s power to detain U.S. citizens suspected of terrorism and single-highhandedly took a stand against tyranny by taking the floor to object to the attempt to slide a provision though that would have allowed the government to indefinitely detain American citizens – even if they were tried and found not guilty – until Congress declared an end to the war on terror.

Senator Paul did this by forcing a roll call vote instead of a voice vote.  The amendment to the NDAA was defeated by a vote of 41-59.  Thank you Senator Paul, but we still have the rest of the bill to deal with.

For more information on this scary situation, please view the following video:

http://www.youtube.com/watch?v=qPtwDhBWYJA