SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: patron_anejo_por_favor who wrote (59619)9/30/2000 7:20:55 PM
From: MDGO  Read Replies (1) | Respond to of 99985
 
Until a short time ago oil prices were reasonable and neither republicans nor democrats called for an energy
policy other than Gore who for many years called for more
fuel efficient vehichles, environmentally sound policies
etc. Not to long ago Bush accused Gore of attempting to
destroy the I.C. engine and industry. Now Bush calls for
exploration in Alaska. It would take 10 years before a
barrel of oil hits the market. 3-4 years re-regulations,
lawsuits by Alaska etc. Bush and Gore are making promises
that neither can keep except for the one gigantic tax cut
by Bush after which little will be left for anything else.
And the possibility of a slowdown or recession is likely.
The economic cycle hasn't been repealed.



To: patron_anejo_por_favor who wrote (59619)10/1/2000 12:57:22 AM
From: David W. Taylor  Read Replies (5) | Respond to of 99985
 
>> Right, the blame should be pointed at Gore and Clinton, for having presided over a failed energy policy that brought as back to the point of a totally preventable crisis had the least bit of forethought been applied. >>

I seem to be getting insults from incoherent people here tonight. Could you turn that little diatribe into English?

As far as I can tell, you are saying that Gore and Clinton are somehow responsible for the sudden rise in world oil prices. What forethought could have been supplied by either of the two to prevent actions by non-Americans?

Why is America's energy policy suddenly a failed one? Until a year ago everyone in the entire world was predicting yet lower oil prices. Can anyone name someone who foresaw this sudden jump and who wrote about it in print?



To: patron_anejo_por_favor who wrote (59619)10/1/2000 2:57:44 AM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 99985
 
OT: Dave I apologize if you felt insulted by my admittedly opaque post. However....

Greenspan is in office upon the specific nominations of Clinton (twice now, once this year and in 1996). While it's true he was not the first to hire Greenspan (initially a Reagan appointee), he had more than ample opportunity to gracefully dismiss him had he wanted to. Although Clinton (and by extension, Gore) has displayed a distressing tendency to refuse responsibility for the many misadventures of their subordinates, the buck DOES stop at the top (at least it does in my book). During this campaign and before Gore has given no indication of dissatisfaction with AG's performance (which I agree will be found to be sorely lacking once all the rocks are turned over in the aftermath of the Bear Market to come). I agree with you that Gore is no fool, and will try to place blame elsewhere once this barrel goes over the falls. I doubt he will be successful.