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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (8969)	2/29/2004 3:34:32 PM
From: Condor	Read Replies (3) of 110194

Re: Steel shortage ...and a year ago, sanctions against imported steel charging dumping. Tomorrow....laws against exporting scrap and new steel?... as evidenced by: One possible solution would be for the U.S. to limit the export of scrap steel to China, McCain said. Then we go on to read: "There really is enough scrap in this country to make steel," McCain said. "The problem is the Chinese are outbidding us." It would seem to me that in the bastion of the free world free enterprise system the "problem is the whiners aren't bidding enough". The solution...let's get government involved???? How about...everyone get out of the way and let capitalism solve the problem through supply and demand dictates/resourcefullness. Sorry for ranting but one year ago the mantra was..."don't allow steel into the country" and now " we're short of steel". WTF? Cheers C

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