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If you read my back of the napkin on the envelop calculation about how much cellulosic ethanol we can produce in the USA using trash then you know that number is likely substantial.

When this happens corn prices are going to fall.

Cellulosic ethanol will be relatively cheap.  Look for forces outside and inside government to slap a significant tax on this. The reason?  Because they can.  There will be significant budget margin to do so.  Thus Oil industry and government will conspire to locate the price of ethanol at a price that supports petroleum pricing.  Likewise government thugs will in no way be able to resist the cash.  They spend like drunken sailors.  Expect to be treated like a childs college savings account when the alcoholic father needs another bottle of whiskey.

Good news is that currently its legal to make your own ethanol if it is for you fuel.  I wonder if this will change. I think its likely.  Look for the excuse to be “fire safety”   Hopefully it won’t hold in this libertarian internet era!

Prejudice serves a purpose.  I will demonstrate using Bernard Ebbers as an example.  He is the ex CEO of WorldCom.  A quick read through his wikipedia entry yields the following information

1- Born to the family of a traveling salesman

2- During the time between schools he worked as a milkman and bouncer.

3- In 1968 Ebbers married Linda Pigott, and the two of them raised three daughters. Ebbers filed for divorce in July 1997 and married his second wife, Kristie Webb, in the spring of 1999.  Her resulting name was Kristie Webb Ebbers which is ebonics for “I will rob you blind”

4-  he was a member of the Easthaven Baptist Church in Brookhaven, Mississippi. As a high-profile member of the congregation

5- Too much facial hair

Explanation of points:

1- Do I have to explain this one?  Traveling salesman and likely serial fornicator / cheater on his wife !…these guys make a carreer of TALK TALK

2- Bouncer….bar trade is full of characters you should not trust.  See other article about likelihood of mob ownership of bars!  Association is bound to dirty you up

3- Married until he is a big wig then ditches first wife for high status wife

4- Constantly touting your goodness at a high level is definite grounds for heavy suspicion!

5- Facial hair - you’re a guy and thinking about your appearance to much ! …

I posit I would have sensed not to trust this guy.  How about you?  Are you too hung up about the word prejudice to be able to use it effectively?