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Non-Tech : The ENRON Scandal

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To: TigerPaw who wrote (4912)	7/30/2003 11:38:04 PM
From: Mephisto	Read Replies (1) of 5185

And, "Dick Cheney commissioned an energy report from ex-Secretary of State, James Baker III." >>>>>>>>>> TP, Had you heard about the Baker report? According to K. Yurica, the Baker report was divided into two sections. And "Taking care of Iraq" is listed an an immediate step in the Baker report." >>>>>>>>>>>>>>>>>>> TP, every sentence in this report jumps out at you. I don't know where to begin. I wish Paul Krugman would make a reference to this report in one of his columns. You've got Poppy Bush, W. Bush and Ken Lay's relationship to them. You've also got Dick Cheney and his energy report. And you read about SADDAM HUSSEIN and other countries that make up W's "Axis of Evil" that he mentioned in his first State of the Union Address. You've also got references to the the Project for New American Century. Yurica reiterates what we know now: prices of energy in California was manipulated by market forces. Two older editorials come to mind. One is by Krugman. The other was an editorial in the Boston Globe.. From an editorial by Paul Krugman " California Energy Crisis:" why did energy companies think they could get away with it? "One answer might be that the apparent malefactors are very big contributors to the Republican Party. Some analysts have suggested that energy companies felt free to manipulate markets because they believed they had bought protection from federal regulation - the conspiracy-minded point out that severe power shortages began just after the 2000 election, and ended when Democrats gained control of the Senate. " ----PAUL KRUGMAN See: Message 18044180 >>>>>>>>>>>>>>>>>>>>>>> From an editorial in The Boston Globe: [ California Energy Crisis ] Editorial Boston Globe THREE YEARS AGO "California suffered electricity shortages and skyrocketing rates that state officials said were caused by manipulation of the state's partially deregulated power system by Enron and other energy suppliers and traders." boston.com See Enron Post 4865 for Boston Globe Editorial

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