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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 385.99+1.6%Nov 12 4:00 PM EST

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To: koan who wrote (58577)12/2/2009 5:35:57 PM
From: Snowshoe  Read Replies (1) of 217737
 
>>As you know about a dozen Republican legislators have been indicted for bribary and several convicted and are in jail.<<

The federal prosecutions have largely collapsed, and I think there's only one guy in jail right now. Yes, it was mostly Republicans, but one of the convicted lobbyists was a Democrat.

>>OIl companies are lying about the cost of getting the heavy oil out, it ranges between $20 and $50 a barrel. The oil companies lie about everything.<<

That's beside the point. Everyone talks their book. The fact is that Alaska is in a weak position because we're so dependent on oil. Big Oil can shift its efforts elsewhere until we knuckle under. The same thing is happening in Alberta, where the high taxes have shifted exploration to British Columbia.
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