Over so soon? With decisions that could have come out of the Communist controlled Kremlin’s Politburo, Congress has finally seen the possible irreparable harm that bureaucratic oversight has caused. With a combination of heavy subsidies, old-fashioned government mandates and centralized decision making, farmers were “encouraged” to plant corn for ethanol (Kind of sounds like a four-year plan). The result was a lack of other essential foods which sent…hunger cramps through parts of the world and soaring food prices in others. Not to mention, soaring gas prices as well. The very thing it was suppose to alleviate.

“The view was to look to alternatives and try to become more dependent on the Midwest than the Middle East. I mean, that was the theory. Obviously, sometimes there are unforeseen or unintended consequences of actions,” Mr. Hoyer, Maryland Democrat, told reporters yesterday.

With hundreds of years of history and numerous studies on various forms of government — how on earth could the Republicans and Democrats be so short-sighted–? And so unaware of such government tampering in markets, especially one in which is so vital to commerce and stability?

“This is a classic case of the law of unintended consequences,” said Rep. Jeff Flake, Arizona Republican, who introduced a bill this week to end the entire slate of federal supports, including the mandates for blended gasoline, the tax credits for ethanol producers, and tariffs that keep out cheaper foreign ethanol.

“Congress surely did not intend to raise food prices by incentivizing ethanol, but that’s precisely what’s happened. A jump in food prices is the last thing our economy needs right now,” Mr. Flake said.

Oops, bear with us while we tamper more…er look into this problem.