Redmond Jones, Ethanol & The "WRONG" Editorial
Davenport’s own Redmond Jones has a published editorial in today’s Des Moines Register. You can read it here. Rumor has it, Mr. Jones is in the running for the Clinton City Administrators position. Maybe other folks know more….
Some CNBC know it all is calling for the Ethanol Crash of 2007. With oil down below $50 a barrel and the mad rush of investors creating more Ethanol plants then Iowa has counties, he might be correct.
Todays DMR, announces a Texas firm investing in three more (new) plants in Iowa. Iowa farmers are starting to talk about shortages in corn and escalating land values.
Pressures to enhance corn production will also impact Iowa cities. With the property tax roll back based on some funcky equation, agri productivity will continue to pressure the roll back downward and thus robbing cities of existing monies.
Let's not forget the impact on Iowa's watersheds and Aqua-ducts. Ethanol plants need lot's of water. It's time the State Legislators and Counties start talking about these issue's.
And I really don’t want to debate the war, George Bush or any of that other crap. God only knows there enough blogs for all of you to vent. But I can’t help but question what dribble the Quad City Times will actually publish on their Editorial page. Read at your own peril the “WRONG EDITORIAL” here.