Re: [RT] crude oil at 13 year high

["Bob" <BHEISLER@xxxxxxxxx>]

This conspiracy stuff has been discussed on this 
forum going back to the early bubble years in the mid-90's, and back then I 
subscribed to that theory too.  I also believed that the government was 
actively involved in propping up the stock market but after seeing what happened 
to the markets since the bubble popped I no longer believe that 
either.
 
I think the questionable economic numbers we get 
are due mostly, if not completely, to the normal inefficiency and incompetence 
you get out of any massive bureaucracy.  Doesn't "CPI excluding food and 
energy" sound a lot like "EPS of xx cents excluding one time charges that recur 
every quarter"?  How about the headline Labor number we get every month 
that doesn't include independent contractors or the self-employed?  But 
there's a Household number that does include that number which is rarely 
mentioned, however I suspect there are problems with how that number is 
calculated too.
 
The other item that argues against any meaningful 
"cooking of the books" is that these massive government agencies are comprised 
of people from both parties, albeit mostly democrats.  So it's hard to 
imagine they could maintain a "cover-up" year after year and through different 
administrations.  This would be especially true for a republican 
administration since the media would be in an orgasmic frenzy to cover such a 
story.
 
I share the longer term negative view on the 
equity markets being expressed on this forum, but it's not because of any 
government conspiracy....it's because of what has transpired in previous 
post-bubble periods and the length of time it took to truly and fully recover 
from a financial bubble (15-20 years).
 
 
 
<BLOCKQUOTE 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  <A title=profitok@xxxxxxxxxxxxx 
  href="">profitok 
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="">realtraders@xxxxxxxxxxxxxxx 
  
  Cc: <A title=mirat@xxxxxxx 
  href="">Mike Burk ; <A title=ketayun@xxxxxxxxxxxxx 
  href="">Kate (E-mail) ; <A 
  title=Jseaton357@xxxxxxx 
  href="">Jseaton357@xxxxxxx ; <A 
  title=urania@xxxxxxxxxxxxxxxx href="">Elizabeth 
  (E-mail) ; <A title=dcarter888@xxxxxxxxxxxxx 
  href="">doroty.h ; <A 
  title=dperrino@xxxxxxxxxxxxx href="">Dom 
  Perrino ; <A title=DELTA88343@xxxxxxx 
  href="">DELTA88343@xxxxxxx ; <A 
  title=cyclesman@xxxxxxxxxx href="">Cyclesman 
  (E-mail) ; <A title=astrofin@xxxxxxxxxxxxxxx 
  href="">astrofin@xxxxxxxxxxxxxxx ; <A 
  title=yacov@xxxxxxxxxxxxx href="">Yacov Twena ; 
  vincent 
  ; <A title=u.Stuart-Auslander@xxxxxxx 
  href="">U. Stuart-Auslander@xxxx Net 
  (E-mail) ; Slawek 
  (E-mail) ; Ronald 
  McEwan ; Ron 
  Miller (E-mail) ; <A title=panda2222@xxxxxxxxxxxxx 
  href="">panda2222@xxxxxxxxxxxxx ; <A 
  title=ntt-list@xxxxxxxxxxxxxxx 
  href="">ntt-list@xxxxxxxxxxxxxxx 
  Sent: Wednesday, March 17, 2004 9:41 
  PM
  Subject: [RT] crude oil at 13 year 
  high
  
  Hello
   
  this will filter into higher  manufacture 
  cost, transportation, and airlines,
  (good  shorts,)
   
  corporate earnings will decrease as cost 
  increase,
  gov  stats on inflation today 
  phony,
   
  payroll employment  decreasing,
   
  they are keeping the # nice until 
  elections,
  then will drop the bomb with REAL 
  numbers
  Ben
   







Yahoo! Groups Links
To visit your group on the web, go to:http://groups.yahoo.com/group/realtraders/ 
To unsubscribe from this group, send an email to:realtraders-unsubscribe@xxxxxxxxxxxxxxx 
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.