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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (86532)	12/10/2000 12:48:58 AM
From: Thomas M.	Read Replies (1) \| Respond to of 132070

2 questions: What is your opinion of James Baker? What little knowledge I have is that he hated Volcker for being a good Fed chairman, so he must love Greenspan. -g- Since you don't do your Barron's review any more, can I just ask you what you thought about the comments by the hedge fund duo in the main interview? I thought it was an awesome interview, one of the best in a while. Tom

To: Knighty Tin who wrote (86532)	12/10/2000 1:29:16 PM
From: mishedlo	Read Replies (1) \| Respond to of 132070

Mike any comments on this post from another thread? Implications? <<I just wanted to pop in to get your opinion on a topic concerning energy costs and inflation that has been troubling me. Although the price of oil has been dropping recently, the price of energy here in the US has been on the rise. Perhaps this is a crisis for the west coast only, but the supply of electricity has gotten dangerously low here, and with deregulation prices have skyrocketed. I live in the Northwest, and just last week Georgia Pacific shut down a paper mill in Bellingham because their per unit price of electricity had gone from $35 to $400 in a year. They could no longer make a profit with these costs. Under the current cold conditions California is expecting rolling blackouts next week. The utilities are scrambling to buy electricity at exorbitant prices on the open market. By law they cannot raise retail rates over a certain percentage. A few of these utilities will have to seek chapter 11 debt relief. This situation is expected to worsen over the summer months next year, and will remain a problem for years to come. This is bound to affect the cost of operations (not to mention interruptions) for both technology and nontech such as manufacturing and agriculture production. Comments anyone? Mosko>> The above thanks to Mosco