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Politics : Ask Michael Burke

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To: Don Lloyd who wrote (76043)	2/17/2000 9:47:00 AM
From: Tommaso	Read Replies (1) of 132070

This morning they had Ron Insana for a few minutes on regular NBC morning news/Today show. He was implying that the rise in oil prices might be good for the US economy because it would "slow it down" thereby making it unnecessary for the Fed to raise interest rates. He compared it to a tax increase. So OPEC is administering US fiscal policy, I take it. For our own good.

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