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Non-Tech : The ENRON Scandal -- Ignore unavailable to you. Want to Upgrade?

To: Patricia Trinchero who wrote (73)	1/11/2002 11:35:31 AM
From: Baldur Fjvlnisson	Read Replies (1) \| Respond to of 5185

Enrongate (1/10/02) Do I hear echoes of 1973? The tentacles of the Enron scandal are reaching deeper and deeper into the bowels of the Harding Hoover administration, a government bought and paid for, lock, "stock", and barrel by Enron's money and influence. Evasive answers to reporters' questions, stonewalling, and a gradual descent into outright coverup, and obstruction of justice, lie ahead. With Democrats, we get sex scandals. With Republicans we get abuse of power. The stock market will be dealing with these issues day in and day out for the remainder of the Harding Hoover presidency. We have been through this before. The same kind of backdrop was part and parcel of the last great bear market. The only difference is that this time the economic and financial underpinnings are in even worse shape than they were at the beginning of 1973. And make no mistake, they were a mess then. So here we are on Day 1 of Enrongate. Why do I call it Day 1? Because it's the first day that President Harding Hoover bothered to answer any press questions. And of course, the President never talked to anyone at Enron about their problems. Well. What the hell'd you expect? A smoking gun? No, this will grind on and on. The press will keep asking questions, and every week there will be another damning revelation. Vice President Walking Heart Attack had 6 meeting with Enron bigwigs. No big deal. But of course no one ever talked to President Harding Hoover about it. What's that you say? The auditors destroyed documents? Well, doesn't everybody? President's top advisor sold all his Enron stock in June? Gosh, what a lucky guy So it was Day 1 and what did the markets do? Nothing, absolutely nothing. A complete yawner. The Nas was up 2, the Sphincters Index up a buck and a half, and the old Dowager lost 26. The trading ranges were so narrow, it's not worth talking about. But under the surface, the deterioration, the diseased rot, spreads. And the poisonous stench is beginning to seep out into the open air. capitalstool.com

To: Patricia Trinchero who wrote (73)	1/11/2002 11:44:48 AM
From: Ann Corrigan	Read Replies (1) \| Respond to of 5185

My understanding is that almost half the population of Texas is employed by Enron. It's disgusting to see so many americans willing to act as pirahna and join in the feeding frenzy because they smell political blood in the water.

To: Patricia Trinchero who wrote (73)	1/11/2002 4:17:15 PM
From: Mephisto	Read Replies (1) \| Respond to of 5185

There are 31 Bush administration officials who were directly connected to Enron. Several were ex-Enron employees. I agree with you. We need a Special Prosecutor. I was thinking about it the other day. I apologize for not responding to many of your posts. I haven't had a chance. Last night, I wrote a post to you about the Taliban, but I didn't post it because I wanted to look for a few references. It was late, and I was tired. I kept a copy of the post that I was writing to you so one day, I'll finish my response. Cheers,