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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (28085)	6/20/2000 8:31:00 PM
From: Tradelite	Read Replies (3) of 57584

Rande...did you see TV news tonight where Indiana governor has suspended (for 60 days) the sales tax on gas in his state to stem the effect of price hikes on consumers? Very politically interesting. Governor says his state is already collecting enough sales taxes on high gas prices to quell any ill effects on other programs of cutting gas tax. He also cited figures on how much the high prices would hurt his state economically if he didn't cut the sales tax on gasoline. He's making OPEC and the Clinton Administration look pretty bad. Forgot to find out whether the Indiana governor is a Repub or Dem. Don't really care......the gas problem is an economic problem for the whole country and it's NOT going to have a good effect on the stock market, regardless of intra-day gains or losses in the Dow or Naz, and regardless of Greenie's interest-rate position. Signed.... Amateur Economist (which means all I said here is my opinion only)

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