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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: fswep who wrote (16235)4/14/2001 1:45:46 PM
From: American Spirit  Respond to of 37746
 
Yes, if we're not watchful, the so-called energy crisis could be manipulated and exaggerated (like the old arms race) for everything it's worth to the oil/power/nuke industry and end up costing us even more than the S&L debacle. And when the truth comes out later that the shortages and high-prices were rigged and Bush's people were right in the middle of it actually promoting higher prices, then we will only be able to kick ourselves. Meanwhile there will have been a trillion dollar ripoff completed and there will be nothing we can do. One thing I know the energy business isn't going to be regulated for the next four years, as the S+L business wasn't during the RR years. "Go ahead boys, make all you can, just leave a little soft money behind as a tip" is the credo I see here.
And it looks like Bush (or Cheney rather) did use his "clout" with OPEC, to get them to cut production and keep prices very high. And not one word about conservation. Gee, what a great bunch. And they want to give you back some of "your money", while picking your pocket with the other hand in the form of 50% higher energy costs. Always ask, "Who gains?". Why else order pollution raised and the environmental regulations scrapped? So your good ole boys can rape and pillage. Pigs at the trough time. And pay-back time. Energy made a great investment in Bush. 40 mill soft money for maybe 400 billion in profits. Coming from where? From us, people. McCain never would have done it that way. Nominated the wrong man.