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Enron the economy in time for the election.

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marshmellow Donating Member (904 posts) Send PM | Profile | Ignore Fri Sep-05-03 04:39 PM
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Enron the economy in time for the election.
The whitehouse would like the upward momentum in the stock market to continue through 2004. The quickest way to influence the DOW Jones average is to allow oil companies to payout great dividends.
That will move their stock price upward and the DJIA will follow.
Get the DJIA to 11,000 by Nov 2004 on the backs of gas consumers.

High prices also helps the lobbyists for drilling in Alaska.

High gas prices drives consumers into discount retail stores to save money. Wall Mart might be a recipient of increased activity due to high gas prices. Wall Mart is another Dow component.

The goal is to Enron the indicators. By November of 2004, the business media outlets will be salivating about the economy.



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scarletlib Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-05-03 04:49 PM
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1. See thread re economy in LBN
I just said this. It's been clear for some time that bushco is manipulating US budget figures. As I stated he is using Enron accounting tactics to make "assets"/productivity look better for the nation than it really is while he and his crew of thugs are looting the nation for as much as they can get. However, I also agree with you they will try to manipulate the stock market if they can.
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