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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Sully- who wrote (1832)	9/17/2000 1:07:00 AM
From: bela_ghoulashi	Respond to of 65232

"Hasn't that tax been around for a while already?" True. But the whole point is that the U.S. and European governments have the ability (greater ability than the Arabs)to reduce energy costs to the consumer by reducing energy taxes: "Every barrel exported from the Middle East earns a European treasury up to three times what a Gulf government gets." The "greedy" Arabs are made out to be the bad guys (and bland is not excusing them)but they are far from being the only ones feeding at the trough. So it seems perfectly reasonable for them to point out they shouldn't be the only ones required to make adjustments, or held accountable, if a short-term crisis ensues which correspondingly hurts those most who are least able to pay. Bland