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

To: DMaA who wrote (223640)	1/30/2002 12:55:00 PM
From: Zoltan!	Read Replies (1) \| Respond to of 769670

And Clinton gave Enron the taxpayer money to do that deal - and Clinton got $100,000 from Enron w/in days. The Dems should have to pay it all back - including the loan.

To: DMaA who wrote (223640)	1/30/2002 6:10:41 PM
From: DuckTapeSunroof	Respond to of 769670

1) It's called promoting American business' sales overseas. All Presidents do it... all ambassadors... it's practically in the job description, and it usually considered a 'good' thing. 2) The failure of the power project in in no way the responsibility of any american politicians... that's not their expertise, although many Indian politicians are involved. 3) The economic failure is generally attributed to these causes: A) Long term contracts commited the project to LNG, which price then spiked, making it an uneconomic fuel vs. the alternatives. B) Power plant built too large (based upon faulty Indian government assurances and Enron miscalculations) for the local Indian state to absorb... let alone pay for the output. C) Purchase contracts backed only by the local Indian state... not the nationstate. Local state essentially bankrupt and unable to pay for the overpriced power resulting from the unfortunate fuel choice.