In her book “Atlas Shrugged,” Ayn Rand draws a sharp distinction between business people who risk their own money to produce goods and services and those who manipulate the machinery of government to expropriate the wealth earned by others. The former are the creators, the latter looters.
The Renewable Fuel Standard (RFS) belongs to the looters. Enacted by Congress in 2005 and revised in 2007, the RFS is a heavy-handed, Big Brother-style program that takes wealth from oil refiners and the American public to support the ethanol industry.
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