PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: DMaA who wrote (229663)	2/21/2002 4:53:08 PM
From: ThirdEye	Read Replies (1) of 769667

Re the Phil Gramm "lie": "The legislation reducing government oversight of energy trading was muscled through Congress - without a Senate committee hearing with the aid of U.S. Sen. Phil Gramm of Texas. Gramm was chairman of the Senate Banking Committee, which had jurisdiction over the legislation he co-sponsored, but he chose to bypass his committee, and the bill was quietly tacked onto a "must-pass" appropriations bill late in the session." citizen.org "Last year, Gramm's committee approved legislation that included a key provision exempting parts of Enron's massive energy trading operation from federal oversight." washingtonpost.com Phil Gramm’s Enron Favor villagevoice.com Between June and December 2000, the California energy situation was worsening but still not in crisis. After the Gramm bill went through, all hell broke loose, with one emergency rolling blackout after another. villagevoice.com Phil Gramm was responsible for legislation that exempted Enron from regulations that govern other commodity traders. Ironically, the saga of Enron has killed the prospects of social security privitization for the foreseeable future. conservativereform.org Debunk this "lie" once for me..........please.

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