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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (6965)9/21/2002 12:23:26 PM
From: Jim Willie CB  Read Replies (5) | Respond to of 89467
 
$50 crude oil is just a matter of months away
the USA is a coward when it comes to Energy Policy
pure & simple
neither Democrat nor Republican Administrations have the political courage to embark on a decade-long program to lessen the growing energy dependence on MidEast

our energy policy remains: SUV

I count several threats to the economy:
- housing rolls over with credit bubble release of gas
- foreigners demand higher rates to finance our debts
- MidEast tension & war leads to higher energy cost
- increased layoffs by corporations as they fight for survival
- inability of households to continue amassing new debt

and clown economist continue to see a recovery
they must be looking up their own asses

/ jim