Playlist: Ethanol subsidies and Tang
Posted by Chau Tu…
Posted by Chau Tu
For Marketplace, Friday, June 17, 2011
Remember Tang, that astronaut-approved orange powdered drink? It’s now expanding its flavors, reaching across the world — and making a nice profit. There’s a growing secondary market on Wall Street, buying the claims of victims from Bernie Madoff’s Ponzi scheme. Golf has become a hot topic in Washington politics. The AARP is under political fire, as well, for reportedly being open to the idea of reducing Social Security benefits.There may be a possible end to a $6 billion dollar tax credit that pays oil refiners to mix gasoline with ethanol. The Chinese navy is increasing boat patrols in the South China Sea to stop oil exploration by Vietnam and the Philippines. And we had small talk with Dinner Party Download and the weekly wrap. Here are the songs we played: