Friday, July 14, 2006

 

Another $ign of ethanomania's real purpo$e

(Mining the government fisc.)

US Ethanol Plants Look to Tax-Free Financing
http://www.planetark.com/avantgo/dailynewsstory.cfm?newsid=37253
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CHICAGO - Ethanol plants are sprouting like corn in many parts of the United States as gasoline prices skyrocket, and some developers are looking to tax-exempt bonds to help finance them.  "These plants are the best economic development opportunity for small communities," said Todd Sneller, administrator of the Nebraska Ethanol Board, a state agency that promotes the ethanol industry. . . .


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