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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Tommaso who wrote (78629)3/26/2000 6:54:00 PM
From: Don Lloyd  Read Replies (1) | Respond to of 132070
 
Tommaso -

[[...On the brighter side, a lot of US Senators, both Republican and Democratic, are saying a lot of sensible things about our developing new energy crisis...]]

For instance?

There is NO new energy crisis except what is caused by politicians and eco-terrorists. Oil prices are still historically low in real terms. Environmentalists are long on the record as wanting much higher gas prices and taxes are at least among the largest contributors to current prices, along with regulations that utterly hobble investments in new supply. Remember, there is no inflation because substitutions can be made. Unless they can't be made because of government intervention destroying the risk/reward of alternate investments, or because of railroads being an over-regulated and union-infested industry.

In any case, in the unlikely event that the oil cartel holds together for any significant period, the result will simply be a more effective addition to the FED's pathetic attempts to tighten.

Regards, Don



To: Tommaso who wrote (78629)3/27/2000 10:01:00 AM
From: Tom M  Respond to of 132070
 
>>At long last I think I understand what we have been in the middle of.<<

then you'll find this interesting:

"It's the dollar stupid" @

goldensextant.com

regards,
Tom



To: Tommaso who wrote (78629)3/27/2000 10:45:00 AM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
T, Electing a President from Texas will certainly stop the energy crisis. <g> I don't know about you, but I feel a bit leery when I hear a Congressman say something intelligent. It's not the words; it's the source that bothers me. <g>