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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Doughboy who wrote (38886)9/21/2000 2:53:25 PM
From: Neocon  Respond to of 769667
 
Very interesting. Kaus makes some good points, but doesn't quite focus on the qualification "the kind of volatility we have seen recently". Although formal collusion would be illegal in the United States, it would in fact not be illegal for an industry executive to make a public statement that volatility had been excessive, and he hoped that some degree of price stability would be achieved. Nor would it be anti- capitalist to wish for greater predictability. Capitalism is not a suicide pact. So, mainly, I don't think there is much to it.........



To: Doughboy who wrote (38886)9/21/2000 5:05:52 PM
From: Scarecrow  Read Replies (1) | Respond to of 769667
 
Here's one, where "Big-Time" Dick is quoted as saying (I'm paraphrasing) that he's glad that OPEC appears to be getting its act together, and that he is "optimistic." What kind of Vice Presidential candidate gets a warm-all-over feeling when Americans start having to pay more at the pump?!!

You make me laugh...

"According to former Saudi Arabian oil minister Sheikh Ahmed
Zaki Yamani, the United States, through Energy Secretary Bill Richardson, played a significant role in the OPEC-plus producer agreements to cut production that led to oil price recovery earlier this year." -- The Oil Daily, September 17, 1999.