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 : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Ralph W. who wrote (81928)	3/17/2001 11:52:31 AM
From: Mike M2	Read Replies (1) \| Respond to of 436258

Ralph,the talking down the economy charge is utterly ridiculous. One must consider the damage done to the economy by the new era hype - malinvestment, excessive debt, redistribution of wealth from the retirement savings of working people into the pockets of Wall st and corporate insiders. Mike

To: Ralph W. who wrote (81928)	3/17/2001 4:31:38 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 436258

Ralph, the economy was slowing down late summer, no elected official should influence negatively the electorate. There are other ways to deal with a slowing economy and for sure his tax cut is not the answer. You need a vision and he has none. Bush with his statemens manipulated the financial markets for personal political gain. Lower energy prices are the answer and he should lean on Saudi Arabia and other US protectorates to participate in the responsibility to prop up economies by lowering energy prices by a notch. If Bush had the well being of the US people in mind, he would have shuttled to the ME and Venezuela making a point that lower oil prices will benefit all instead he is worried how to lower taxes to those that do not need it. In the mean time US technology and man power are keeping the royal families in power in the ME and there is no pay back at all. Due to the slowing economies in the US, Japan and Europe oil prices should be lowered to the $22 area. BWDIK Haim

To: Ralph W. who wrote (81928)	3/17/2001 4:55:39 PM
From: Haim R. Branisteanu	Read Replies (2) \| Respond to of 436258

Some economists, and even oil executives, have said OPEC should lower its target price to ease the pain from current energy costs, particularly in emerging economies. OPEC disagreed, citing a collapse of Asian economies in 1997 and 1998 while oil prices were lower than they are today. `Fragile' Economies ``Those consumer countries are in a fragile situation not because of the oil price situation but because of monetary and fiscal policies that have been put in place by those countries,'' ............... While Western governments complain of high oil prices, OPEC nations counter that importing countries should slash energy taxes. how convienent to blame others quote.bloomberg.com