Steyer the Liar Panders on Ethanol

Steyer's first foray into Iowa was a bizarre ad portraying two fictional billionaires supporting outsourcing American jobs -- and lying about a Republican candidate -- when in fact the ad was paid for by Steyer, infamous for running all his hedge funds abroad to dodge U.S. taxes, and another San Francisco liberal billionaire.
His new ad sets the bar even lower for pandering, shamelessly attacking Republican Joni Ernst for questioning arbitrary government mandates for ethanol, which have driven up food prices globally, causing a massive humanitarian crisis, and exacerbated a variety of environmental problems.
As I wrote last year:
A study by professors at Purdue University quantified the price impact, finding that a strong waiver could reduce the price of corn by as much as $1.30 per bushel.
Jose Graziano da Silva, the director-general of the United Nations Food and Agriculture Organization weighed in warning: “An immediate, temporary suspension of that mandate would give some respite to the market and allow more of the crop to be channeled towards food and feed uses.”
Phil Kerpen is president of American Commitment. He is on Twitter and on Facebook and a a contributing author for the ARRA News Service.
Tags: Tom Steyer, Jolly Green Backer, Hypocrite, Ethanol, total failure, ads, Phil Kerpen, American Commitment To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. and "Like" Facebook Page - Thanks!
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