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.

Politics : Al Gore vs George Bush: the moderate's perspective -- Ignore unavailable to you. Want to Upgrade?

To: Nadine Carroll who wrote (9917)	8/7/2001 8:04:52 PM
From: Mephisto	Read Replies (1) \| Respond to of 10042

How do you know "W'" cannot influence Opec decisions? How can you tell Krugman stretched the point? Just curious- Mephisto "Yet Mr. Bush was remarkably sympathetic to OPEC's cause; it seems that he feels the oil exporters' pain. "It's very important for there to be stability in a marketplace. I've read some comments from the OPEC ministers who said this was just a matter to make sure the market remains stable and predictable," he declared. Just in case you wonder whether this was really an endorsement of price-fixing, or whether Mr. Bush was just being polite, his spokesman, Ari Fleischer, left no doubt: "The president thinks it's important to have stability, and stability can come in the form of low prices, stability can come in the form of moderate prices." This is the same man who boasted during last year's campaign that he would force OPEC to "open the spigot." Did OPEC take Mr. Bush's remarks as a green light for further cuts? According to one oil analyst interviewed by Reuters, Mr. Bush's apparent expression of support for their efforts to keep prices high "excited a lot of OPEC ministers." KRUGMAN