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


To: stockman_scott who wrote (13675)2/28/2003 11:24:54 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 89467
 
while $20 oil is predicted, we will get $50 oil
while econ recovery is predicted, we will get recession
while quick war resolution is predicted, we will get endless conflict
while steady eddy prices are predicted, we will get pockets of price inflation

while the public applauds a return of some inflation, we will get only a rise in production costs and the disappearance of corporate earnings

just this morning, CNBC did a good job to report that higher natural gas prices will torpedo earnings for the chemical companies
they cited Dow Chemical, Rohm & Haas, and two others

here we go -- HIGHER PRODUCTION COSTS

the phenomenon is not limited to chemical companies
but first casualty will be the chemical companies
can you think of any other industries that use energy ???

Americans are absolute nitwit ignoramus illiterates
they will learn only after they are bankrupted

/ jim