U.S. Government Reveals Brilliant Economic Strategy: Buy High, Sell Low

So…how about that Farm Bill? Is anyone else bothered by the fact that it contains a provision instructing the Fed to buy “surplus” sugar from sugar-growers at an inflated price...and then sell it at an artificially low price in order to make ethanol? Put another way, in support of sugar farmers and ethanol makers, Congress has decided that the U.S. Taxpayer will deliberately buy over-priced sugar and then deliberately sell it at a loss. I am just disgusted with the Congressional Republicans who voted in favor of this bill. Some sources say the legislation will increase farm spending by 44 percent over last year... Great policy, guys!