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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: Junkyardawg who wrote (41506)6/23/2000 3:47:00 PM
From: arno  Respond to of 63513
 
dawgy,

Here an interesting excerpt from an article on May 9th as to why the price of oil is up.

Oil ministers from OPEC nations have quietly told national security advisors on Capitol Hill that the oil production cutbacks -- and resulting price increases -- are being implemented at the request of the Clinton administration on behalf of Russia, Indonesia, Mexico and Iran.

Russia, Mexico and Indonesia are reported to be directing their increased oil profits toward paying back overdue Western loans. According to one government defense advisor, the windfall profits are part of a larger scheme to use the American public to pay off failed and corrupt investment schemes in the three countries.

"The American public is paying off bad loans to bad countries made by bad bankers," stated the national security advisor.


worldnetdaily.com