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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (44878)1/20/2006 3:26:03 PM
From: Jim McMannis  Read Replies (2) | Respond to of 116555
 
cnbc...trying to windfall profit tax on oil companies in California. 2.5%.

Maria B jus asked if they were going to windfall profit tax mortgage companies because there is a boom.



To: mishedlo who wrote (44878)1/20/2006 4:35:18 PM
From: regli  Respond to of 116555
 
This is likely just the first salvo. Now the pressure will increase on Saudi Arabia to disclose a whole lot more. I wouldn't recommend a short on CL for quite some time and NOT just because of Iran.


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