Tuesday, March 01, 2005

CNBC endorses Operation Alberta Freedom.

CNBC's Mark Haines has got a good sense of humor, he's suggesting we invade Canada over oil, perhaps dressing all our troops up as old people, put them on a bus and pretend they're going over to buy cheap drugs.

That may not be far off.

Anyway, guest host Robert Hormats, Goldman Sachs International, Vice Chairman gets it. He likes energy, called it the "revenge of the old economy", and suggested the story is: more stable, paying dividends, showing steady growth, with not enough capacity.