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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 691.66-0.1%Jan 16 4:00 PM EST

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To: Haim R. Branisteanu who wrote (54485)6/17/2000 11:53:00 PM
From: KyrosL  Read Replies (3) of 99985
 
OT

<the Democrats in power we arrived at this dare situation.>

I am mystified as to how you can blame the democrats for the wasteful energy policy in the US.

One of the reasons the US spends so much more energy per capita than Europe and Japan is because energy taxes in the US are very low compared to Europe and Japan -- where, for example, gasoline costs more than twice as much as in the US, due to taxes.

It is the democrats that attempted to introduce and or increase energy taxes in the past, and it was republicans that invariably objected and politicized them, thus forcing the democrats to back down. Al Gore in particular attempted to introduce a BTU tax with no success a few years back.

Kyros
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