Jim, They may have fortunes that stemmed from the oil business, but as President and Vice-President, their investments are put into blind trusts, Bush and Cheney have no idea what their money is currently invested in. Just like Al Greenspan. Imagine if Greenspan knew their was going to back economic news, he could call up his broker and short the hell out of the market and make a fortune, hence the blind trust.
Kevin ----- Original Message ----- From: "Jim Davis" <[EMAIL PROTECTED]> To: "CF-Community" <[EMAIL PROTECTED]> Sent: Friday, December 20, 2002 4:36 PM Subject: RE: Hello? > > -----Original Message----- > > From: Maureen [mailto:[EMAIL PROTECTED]] > > Sent: Friday, December 20, 2002 4:22 PM > > To: CF-Community > > Subject: RE: Hello? > > > > > > At 03:28 PM 12/20/02, Adam wrote: > > > > >I'm not sure if the World has plenty of oil or not. I hear > > things like > > >wanting to drill in Alaska, and Yellowstone and it tends to make me > > >believe otherwise. > > > > The 'World' has plenty of oil. The desire to drill in Alaska and > > Yellowstone springs from a desire of American oil interests > > to increase > > domestic oil supplies which are more profitable to them than > > imported oil, > > especially from OPEC controlled nations. > > Absolutely correct. Also note that the leaders making decisions on our > energy policies have personal fortunes tied very closely to oil > production. > > Regardless of how much there is right now it is a finite, non-renewable > resource and should be treated as such. > > We can dream that many other finite resources could be, in the future, > mined from other sources (the moon, the Asteroid belt, passing comets, > etc) but not oil (or coal or any other bio-sourced materials). > > Jim Davis > > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Archives: http://www.houseoffusion.com/cf_lists/index.cfm?forumid=5 Subscription: http://www.houseoffusion.com/cf_lists/index.cfm?method=subscribe&forumid=5 This list and all House of Fusion resources hosted by CFHosting.com. The place for dependable ColdFusion Hosting. Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
