Mad Money about Ethanol
I am not sure what the deal is with Cramer, what’s up with all the bashing of ethanol from Jim Cramer of CNBC? Jim if we listened to you on this subject we would pull the plug on an industry that is helping to create the future biofuels market in this country. Yet you blame ethanol for the huge run up in food prices and inflation. Come on that is crazy! Hello $120 Oil!! Continued Fed interest cuts!! Jim it would be great to know why you are so bearish on a market that competes directly with oil? Maybe full disclosure is in order Jim?
Recent food shortages bring ethanol subsidies under fire, with Ronald Miller, Aventine Renewable Energy Holdings and CNBC’s Joe Kernen. Click here to watch a recent interview with Cramer sitting in on Squak Box
Hey Ethanol wake up, you are getting your lunch handed to you! If you all don’t get on the ball with some positive pr you are going to have Washington cutting back on this program. Public perception as of this moment is not real high because of all of the negative press. You had better get it together ASAP.
