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 : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (145798)	4/22/2002 3:40:36 AM
From: tejek	Respond to of 1574610

It is without question that the law did not permit use for this purpose. The law, as well as the underlying committee reports, made clear that the reserve was not to be used for mitigation of market prices. $37/bbl prices is not what was meant by " ... impact ... national economy". Of course, these guys never met a law they couldn't break, so it didn't matter. You don't think oil prices at $37 per barrel were having a negative impact on the national economy? You do know what inflation is, don't you? Frankly, I think you just don't want to see anything that might unhinge your negative view of Dems, or rather you look for things that might support that view even if they need a little Rep tweaking.