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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Ralph W. who wrote (81842)	3/17/2001 10:16:36 AM
From: Haim R. Branisteanu	Read Replies (2) of 436258

Ralph that is sheer non sense. The real measure to strengthen world economies are cheaper energy prices. Japan is importing all it's energy needs. A strong dollar makes energy even more expensive and puts even a stronger damper on Japan which is an island nation and therefore much more dependable on energy as are other continental states. The FED should lower interest rates aggressively so that Europe and the rest of the world should enjoy cheaper energy prices as energy is quoted in US dollars. A rebound of Europe may save Japan and the US, let's make Europe the engine of growth for a while. Aside from high energy prices the cattle disease are transforming lot's of assets in smoke. The destruction of the herds there have a severe "wealth impact" on the related economies (yes and those are real assets not some DOT.COM stocks) and the last thing needed is that those f@#$ing OPEC are still stubborn not to share their share of global responsibility. Oil should have droped to $22 a barrel not the $26 to $28 now It is only unfortunate that the US puppet administration which is governed by oil interest are supporting OPEC's high energy prices on the expense of the US people and the world at large. Just wonder wen people who voted for Bush will realize how much he is hurting us all to promote his own agenda of energy, oil related and smoke stack industries. First he talked down the economy so he will be able to push his irresponsible tax cut. Now he supports high energy prices to make all people poorer and his own oil buddies richer. Just wonder how long it will take for all to realize that a big part of world economic problems are emanating from the White House. ........... stock valuation etc, aside. BWDIK Haim

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