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Strategies & Market Trends : Scam Sniffing, Ball Busting Vigilantes -- Ignore unavailable to you. Want to Upgrade?


To: kodiak_bull who wrote (175)2/1/2002 10:21:05 PM
From: Raymond Duray  Read Replies (3) | Respond to of 292
 
Well hot diggity KB,

You shore know how to snort 'n rant 'n rave. Boy howdy.

Ya know, my pappy, bless his soul, called me about two weeks ago and we got ta chattin' up this here End Run deal. After we decided John Walker Lindh was a traitor and ought to suffer for his stupidity like a man. Well, anahoo, we got to chattin' up this here Enron deal cause I'd a mentioned it to 'im around Thanksgiving and he wasn't familiar with the company. (Being the good company man, my Dad to this day at age 79 has all his pension money tied up in the stock of the company he worked for for 40 years.) Well, as I say, we got to chattin' about scandal and off shore tax havens and such like and Dad couldn't quite understand how I could be so unfeeling about the company. Then he asked if I felt sorry for the pore folks who lost their 401(k) money. I said, "nope". I said, Dad, do you recall what California went through last winter? Do you recall the exorbitant price you had to pay for natural gas (he lives in No. Illinois)? He said he was certainly aware that gas was way high, and sorta understood that the California market went a little crazy. Soze, I tole him about what I thought about the little volks at Enron who lost their pensions. I said that each and every one of them knew how Enron made their money. By rigging markets and using market power to rip off consumers, like, well, you dad, and me (my electric rates are up 23%, thanks to Ken Lay, the jerk), and everyone on the West Coast for sure, 'ceptin' the lucky ones in LADWP's service area. And all those poor, poor pensioners knew 'zactly how their damn pensions was a gittin' so phat. By rippin' me off. So, no, I got damn little sympathy fer 'em.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
I think you are wrong, KB, about how little a problem Enron is. Because in actuality, this is a huge political turkey and a watershed event for the free wheeling de-regulation and free market crowd. I'm getting a different sense this time about WEF, the media is covering the protesters, and they're being allowed to say some decent sound bites. This is new. And the tin ear of the Bushistas on the GAO request is going to bite them in the a$$. They are playing this as stupidly as Clinton ever did on Monicagate. Stonewalling and appearing to be dishonest just isn't going to cut it with the American public, who are getting pretty interested in what the heck is happening with their 401(k)s and other monies in the markets. There's a lot of cynicism that is going to have to be addressed by a real leader. I expect the Democratic president will do that in 2004. Yeah, this isn't the end of the beginning of the Bush years, it's the beginning of the end. Bush can't win, if he caves on the free marketer wet dreams, he'll look like a hypocrite. If he holds his ground with the fat cats, he'll look out of touch with the common man. He's in a box. I'm hoping it gets nailed shut. Soon and tight.

Guess we don't agree, eh? As you suggested.. <smile>

[[Oh, and BTW, please don't help me out with corrections to my punctiation ur spellun. I hope we can agree to a WYSIWYG policy, going forward. OK? Just a pet peeve, thats kept me away from HTP. <g> ]]

All the Best, Ray :)



To: kodiak_bull who wrote (175)2/2/2002 4:04:45 AM
From: Don Pueblo  Respond to of 292
 
I wish I had written that!



To: kodiak_bull who wrote (175)2/2/2002 2:59:54 PM
From: c.horn  Respond to of 292
 
Me too.

Oh.. But I did.. :)

Subject 51690



To: kodiak_bull who wrote (175)2/2/2002 3:13:48 PM
From: 10K a day  Respond to of 292
 
I think it's a problem shredding subpeona documents.
I'm not really for executive priveledge when the consumers in California Got totally screwed....



To: kodiak_bull who wrote (175)2/5/2002 1:10:13 AM
From: Raymond Duray  Read Replies (1) | Respond to of 292
 
More agreement with your basic point:

contracostatimes.com