Hammertime with Mary Katharine Ham presents: How Four Loko Became Ethanol

When state governments and the FDA banned caffeinated, alcoholic beverages like "Four Loko", retailers were left with huge stockpiles of illegal drinks. Those drinks are now being converted into ethanol which will be mixed with gasoline... This is the story of how a popular beverage everyone wanted to buy has been turned into America's most inefficient, environmentally unfriendly and heavily subsidized fuel.

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http://www.cato.org
http://www.mxiinc.com

Watch the video to find out more.