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To: shadowman who wrote (8212)3/6/1999 8:58:00 AM
From: Dayuhan  Respond to of 9980
 
The idea that the US government could pull off such a coherent and successful strategy is intriguing, and difficult to believe.

I distrust any theory that attributes a macroeconomic result to a single cause.



To: shadowman who wrote (8212)3/6/1999 9:17:00 AM
From: Robert Douglas  Respond to of 9980
 
Who is responsible for low oil prices?

It's funny this should come up. I recently read an account that attributed the decline in oil to a diabolical plot by Saudi Arabia to reign in OPEC and punish drilling efforts in non-OPEC countries. As soon as we are all addicted to sub $1.00 gas again and driving around in our brand new Ford Excursions, (which I will have to park on the street since it is too big for my garage) then the supply will be clamped down on again and OPEC will be sitting in butter.

-Robert



To: shadowman who wrote (8212)3/6/1999 10:01:00 AM
From: Sam  Read Replies (2) | Respond to of 9980
 
Stitch, Dennis,
"The idea that the US government could pull off such a coherent and successful strategy is intriguing, and difficult to believe.<G>"
I too find this notion less than credible (otherwise known as "incredible"). No government has this sort of power. It always amuses and amazes me that people on the one hand attribute the most diabolical powers to governments, and then, in a different context when it suits their purpose, say that they are the most inefficient organizations on the planet and can't be trusted to do anything right.