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The Coca-Cola Company Message Board

  • azalphainvestor azalphainvestor Aug 5, 2005 4:08 AM Flag

    More Fiedman Wisdom

    "And the world has changed in the past few years. First, the global economic playing field is being leveled, and millions of people who were out of the game - from China, India and the former Soviet empire - are now walking onto the field, each dreaming of a house, a car, a toaster and a microwave. As they move from low-energy to high-energy consumers, they are becoming steadily rising competitors with us for oil.

    Second, we are in a war. It is a war against open societies mounted by Islamo-fascists, who are nurtured by mosques, charities and madrasas preaching an intolerant brand of Islam and financed by medieval regimes sustained by our oil purchases.

    Yes, we are financing both sides in the war on terrorism: our soldiers and the fascist terrorists. George Bush's failure, on the morning after 9/11, to call on Americans to accept a gasoline tax to curb our oil imports was one of the greatest wasted opportunities in U.S. history.

    Does the energy bill begin to remedy that? Hardly. It doesn't really touch the auto companies, which have used most of the technological advances of the last two decades to make our cars bigger and faster, rather than more fuel-efficient. Congress even rejected the idea of rating tires for fuel efficiency, which might have encouraged consumers to buy the most fuel-efficient treads."

    Alpha

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41.72+0.09(+0.22%)Aug 29 4:00 PMEDT

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