Left And Right Politics

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Independence Day

Posted by Joanne On June - 30 - 2011
Declaration of Independence

On July 4, 2011 America will be celebrating 235 years of independence from England. It’s a day that has a lot of meaning to patriotic Americans. I love this country and what the founding fathers laid out to keep control of the government. When the Declaration of Independence and the Constitution were written, the words and structure of the sentences were taken into serious consideration. America wanted their independence from the heavy hand of government. Looking back, we can see they did a great job in doing so.

So again July 4th is upon us once again for us to remember the huge risk our founding fathers took taken that stance. Many of the men who signed those documents were searched out over the remaining part of their lives for treason. For that reason alone, we should take the day to remember the sacrifices they made for themselves and the rest of the colonies.

Instead, whenever the holiday comes around each year, it seems that many people talk about what a great weekend they’re going to have at some event or BBQ. Why is it that too many people don’t take the time to think of what our fore fathers have put together, to form the greatest country this era has ever seen. After only 150 years of this country’s existence, we became one of the super powers (if not the biggest) of this planet. It’s great that we, as Americans, have the freedom to celebrate the fourth of July in whatever capacity we want. In this country, if we want to celebrate by having a BBQ and drinking with friends and family or decide to go to church or even a NASCAR event, we have the freedom to do so.
In so many countries, their citizens don’t have the freedom to do the things we take for granted.

This year I will do what I do every year. I will take the time throughout the day to remember Thomas Jefferson, Samuel Adams, Benjamin Franklin, John Hancock and the rest of the fifty six men who signed the Declaration of Independence on July 4th, 1776

Ethanol Subsidies Coming To An End

Posted by Billy On June - 17 - 2011

After more than a couple of decades of ethanol subsidies from the federal government, it looks like it’s all coming to an end. Subsidies are a way to help an industry from being unprofitable. Ethanol has been one of those industries that have been getting government support to help it in it’s infancy. The problem is that after all this time, we see that the idea of using ethanol isn’t worth the money of the tax payers.

The issue with subsidies is that it’s only props up the the desired industry to stay a float when it isn’t profitable. The United States have been trying to find a better way to reduce our need for foreign oil for years and giving ethanol a chance seemed like the right idea at the time. We now know so much more about it that we know it isn’t worth subsidizing it. Ethanol hasn’t been the bio fuel we needed to get to the final goal of energy independence. It’s actually has affected the price of corn as well as taking a food source away from the American people.

Finally Congress is moving forward to banning the subsidy support for ethanol. This week a vote was taken on a measure to repeal ethanol subsidies. The Senate voted 73-27 Thursday to end two major subsidies. The first is a $0.45 a gallon tax credit given to oil companies which blend ethanol into gasoline. The other is a $0.54 per gallon tariff on imported ethanol which is aimed at Brazil to help protect our domestic market.

The result will be a savings of about $6 billion dollars per year of the American tax payer’s money. President Obama, of course is not happy with Congress’ decision to take this step. He has made remarks towards vetoing the bill when it comes to him for his signature. The measure passed by a veto-proof margin will still need the Senate to take action since the repeal of the ethanol subsidies was only an amendment. If it clears the Senate, it will need to go to the House of Representative for approval too.

In a year where cutting the spending has never been more important than before, Obama vows to veto the bill. The bill the repeal language is attached to is expected to never make it into law. It’s a slap in the face to the American people as Washington is looking to cut spending, but no one in the Beltway is willing to make the sacrifices needed to get the job done.

This vote comes at a time when global criticism rises over the subsidies for corn-based ethanol. Some blame the industry for the rising food costs. Ethanol may be good for corn farmers, but U.S. livestock farmer argue about the rising cost of feeding which in turn has caused the rise in food prices.

In my opinion, if the idea of ethanol is such a great profitable one, then the industry doesn’t need the subsidies in the first place. I understood in the beginning of the ethanol movement, subsidies were needed to get the ball rolling. After ten plus years of subsidies to any industry is still needed, then maybe it wasn’t such a good idea.
In the case of energy independence, the best way to get there is by America drilling in their own backyard. After all, we have the biggest deposit of natural gas than any other country or continent. Many other countries like China, Russia, and Cuba are now drilling in the Gulf of Mexico, why would we not do the same.

The Cato Institute was founded in 1977 by Edward H. Crane. It is a non-profit public policy research foundation headquartered in Washington, D.C. The Institute is named for Cato’s Letters, a series of libertarian pamphlets that helped lay the philosophical foundation for the American Revolution.

The mission of the Cato Institute is to increase the understanding of public policies based on the principles of limited government, free markets, individual liberty, and peace. The Institute will use the most effective means to originate, advocate, promote, and disseminate applicable policy proposals that create free, open, and civil societies in the United States and throughout the world.

To celebrate Independence Day, the Cato Institute is giving away our popular Pocket Constitution for a limited time. Limited to one copy per person for U.S. addresses only. Offer expires July 3, 2009.