Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Pastimes : G&K Investing for Curmudgeons -- Ignore unavailable to you. Want to Upgrade?

To: unclewest who wrote (8793)	11/26/2000 9:40:38 AM
From: JohnG	Read Replies (2) \| Respond to of 22706

UncleWest. If you believe high energy prices can sink the economy, you better be real worried. In 5 to 12 months, these high spot prices will replace the much lower contract prices for gas. oilnergy.com Oil stays high too despite Clinton's "pissing into the wind" efforts to make political hay by releasing a small amount from the strategic energy reserve. During the recent period when oil sold for $12/barrel, marginal wells were shut down. Guess what, now with oil above $30/barrel, they cannot be restarted due to filling in with sand and other geological well known geological phenomenon. Having fools in power, we had no energy policy and destroyed this resource. oilnergy.com JohnG

To: unclewest who wrote (8793)	11/26/2000 12:41:59 PM
From: Mike Buckley	Read Replies (3) \| Respond to of 22706

i welcome the supreme court's interference. I do too, though I wouldn't call it "interference." That may seem a contradiction to my posts when this mess began but it's not. When I first wrote that I didn't want the courts deciding whether or not my vote counts, the context was that at the time there was a lot of ranting and raving about having a revote in Palm Beach County. I thought it was wrong for the courts to allow a revote and it was scary to think that such a decision might get to the courts. I'm pleased with the way the courts have essentially let the state's laws and common sense prevail. About the latter, the state Supreme Court took into account critical timing issues that ensure that a vote be certified in time for the electoral college to do its thing. I think the Justices used the law to do as they saw fit to abide by the spirit of Florida law and I also think it's appropriate that it be contested in the federal Supreme Court. I think that because the entire process also is the law. That's why I don't think any of this is "interference." Instead, it's the process our laws set forth. I don't know that any of the decisions that have been made by the courts are right or wrong. For me, it's sad that almost everyone has an opinion about that based almost entirely on how they voted. If the situations were reversed, the candidates would be reversed and so would the people who voted for them. It reminds me of investors who always ask why a stock is going down but never ask why it's going up. I think it's sad that both candidates continue to show such a lacking in leadership. Since uncle west mentioned stuff about Gore to support my view, I'll add that it was very unpresidential for Bush to make a personal mockery of Florida's Supreme Court. He should have had the class to say, "We think the decision is wrong. We respect the authority of the Court and we also respect our right to appeal it in a higher court." But he didn't. Having seen "Contender" last night, I'm convinced that we need actors and script writers filling the role of the president, not as Reagan did but as actors and script writers do. They'd have a better chance at "appearing" presidential than our presidents do. --Mike Buckley