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

To: Tenchusatsu who wrote (294924)7/15/2006 11:28:34 AM
From: combjelly  Read Replies (1) | Respond to of 1572629
 
"It's even worse policy when the goal is clearly to buy votes in an election year"

You mean like Bush is doing now?



To: Tenchusatsu who wrote (294924)7/15/2006 11:48:11 AM
From: TigerPaw  Read Replies (2) | Respond to of 1572629
 
t's bad policy to use the reserves just to smooth out short-term price spikes.

What are they for then?
They certainly aren't a final solution, or do you figure them to be the 'canary in a coal mine' such that when there is absolutely no other oil, the neocons can power their cars a bit longer while they finally look at an alternative.

TP



To: Tenchusatsu who wrote (294924)7/15/2006 12:49:16 PM
From: SilentZ  Read Replies (2) | Respond to of 1572629
 
>It's bad policy to use the reserves just to smooth out short-term price spikes. The problem is that you can never be sure that the rise in prices is indeed short-term or not. If it isn't, you'll be stuck refilling the reserves with higher-priced oil, as Bush was forced to do.

I never said I approved of the behavior; I don't.

But you said the reserves would be empty today, and that's not true.

-Z


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