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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Thomas A Watson who wrote (142881)	5/5/2001 3:08:53 PM
From: gao seng	Read Replies (1) \| Respond to of 769667

Mr. Burns? You know, Homer's boss.

To: Thomas A Watson who wrote (142881)	5/5/2001 3:15:06 PM
From: CYBERKEN	Read Replies (3) \| Respond to of 769667

Three analysts of the mythical "energy BARONS" on WSW last night. They all said the same thing, as nicely as they could: Californians spent 20+ years screwing up, and it will take them years to set it straight. So far, I don't even see the Californians overcoming their denial and getting ready-but that will, inevitably, come...

To: Thomas A Watson who wrote (142881)	5/5/2001 6:08:57 PM
From: Patricia Trinchero	Read Replies (2) \| Respond to of 769667

Let's start with Kenneth Lay from Enron. Here is an article from the Feb. archives of Bushwatch. Go ahead and condemn the article because it's from a leftwing source...... but I wouldn't expect to find it in the American Spectator! -------------------------------------------------------------------------------- Bush Reluctant to Help California. Enron, His Biggest Donor, Gains From High Energy Prices "Three big Texas energy producers, all of which made lavish contributions to George W. Bush's presidential campaign, stand to gain from soaring electricity prices in California. That's one reason the watchdog group Public Citizen says Bush has no interest in promoting price caps, even though such caps are recommended by Republican as well as Democratic governors and members of Congress. Prices for energy coming into California are going through the roof, threatening to bankrupt utilities and hurt the state's businesses, which already are struggling with the gathering recession. In the final days of his administration, Bill Clinton ordered power plants tied into the California grid system to sell excess juice to the state. When Bush took office, he extended the order for two weeks, but strongly indicated he would not offer such help in the future. After looking through financial documents, Public Citizen says it's no wonder the president defers to the corporations. Seven major out-of-state power producers and power marketers [,three from Texas,] posted $6.5 billion in after-tax profits in 2000, according to Public Citizen, which argues they stand to make even more with California's new bailout bill calling for floating $10 billion worth of bonds. "The key company here is Enron, with a gross income of $777 million, triple that of a year ago. CEO Ken Lay is friends with and a backer of George Bush Sr., Business Week reports in a lengthy piece this month on the firm. After Clinton's victory in 1992, the company hired as consultants two heavies from the first Bush administration, Secretary of State James Baker and Commerce Secretary Robert Mosbacher Sr. Enron was also the single biggest booster of George W. while he was Texas governor, giving him over $550,000. In last year's presidential race, Enron provided corporate jets and gave $250,000 for the GOP convention in Philadelphia, the magazine goes on to say. Lay served as the campaign's energy advisor. According to Public Citizen, Enron gave $1.1 million to Bush and the Republican National Committee in last year's presidential race. After Bush won the White House, the exec personally put up $100,000 for the inauguration, then signed on as a main advisor to the new administration's Energy Department. --James Ridgeway, 2/11/01