corn subsidy

Richard Lobb, Coalition for Balanced Food and Fuel Policy, is interviewed about a study that finds federal ethanol subsidies are contributing to rising food prices.

This story depresses me. Not only are we pouring tons of tax dollars, Federal and State, into propping up a corn-ethanol industry that never should have been started up in the first place, it turns out the companies aren't making any money even with the subsidies. It is confusing- would I be more upset if I found that the companies were making huge profits? Probably, but that would be somewhat illogical. See what you think and let me know! Thanks.

Eat yummy and local food through Italy: Agriturismos are subsidized by the Italian government in an effort to help small, family-run farms to survive in the environment of factory farming. On the contrary back home, the US government subsidizes corn – city sized cornfields. The subsidy creates an eerie mono-culture, depletes valuable top soil, and strips the power from the family farmers and hand it to large corporations.