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Politics : Ask Michael Burke

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To: Broken_Clock who wrote (127320)4/20/2011 6:08:44 PM
From: Alex MG1 Recommendation  Read Replies (2) of 132070
 
oh also, Phil Gramm's wife was on the board of Enron

good god what a bunch of crooks

i'm not saying there aren't Dems who suck up to the corporate crooks

but without a doubt the majority of douchebags reside in the repugnut party

and it's even worse now with the teaparty crowd who are also bringing in the religious extremists... the American Taliban

Enron And the Gramms
By BOB HERBERT
Published: January 17, 2002

When Senator Phil Gramm and his wife Wendy danced, it was most often to Enron's tune.

Mr. Gramm, a Texas Republican, is one of the top recipients of Enron largess in the Senate. And he is a demon for deregulation. In December 2000 Mr. Gramm was one of the ringleaders who engineered the stealthlike approval of a bill that exempted energy commodity trading from government regulation and public disclosure. It was a gift tied with a bright ribbon for Enron.

Wendy Gramm has been influential in her own right. She, too, is a demon for deregulation. She headed the presidential Task Force on Regulatory Relief in the Reagan administration. And she was chairwoman of the U.S. Commodity Futures Trading Commission from 1988 until 1993.

In her final days with the commission she helped push through a ruling that exempted many energy futures contracts from regulation, a move that had been sought by Enron. Five weeks later, after resigning from the commission, Wendy Gramm was appointed to Enron's board of directors.
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