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


To: Raymond Duray who wrote (3115)2/26/2002 10:30:42 PM
From: Dorine Essey  Read Replies (2) | Respond to of 5185
 
I read where Dick Cheney , his wife and family and friends were at the closing ceromony for the Olympics. A CIA AGENT left a file with all the details on the counter at a gift shop. It was to be TOP SECRET and it sure was. Did any of you know they were all there?

Dorine
sports.yahoo.com



To: Raymond Duray who wrote (3115)3/3/2002 7:51:58 PM
From: Mephisto  Read Replies (1) | Respond to of 5185
 
Bush-backing Enron makes big money off crisis
seattlepi.nwsource.com

Thursday, January 25, 2001

By JONATHAN SALANT
THE ASSOCIATED PRESS

WASHINGTON -- One of the biggest beneficiaries of the
California power crisis is a Texas energy conglomerate that
more than any other single company has helped bankroll
President Bush's political career.


Enron Corp. of Houston is among a handful of a new
generation of independent electric power brokers and
producers that have reaped giant revenue increases from
California's power shortages and higher natural gas prices
nationwide.

The new president's rejection of price controls to hold down
soaring electricity costs in the Golden State reflects the
views of Enron, the largest wholesaler of electricity and
largest owner of natural gas pipelines in North America.

The company and its employees have given more than
anyone else to Bush's two campaigns for governor, his
unsuccessful House campaign in 1978 and last year's race
for the White House, according to the watchdog Center for
Public Integrity.

Enron and its employees gave $113,800 to Bush's
presidential campaign, his 10th most generous contributor;
$250,000 to the Republican National Convention host
committee; and $300,000 to the Presidential Inauguration
Committee.

Enron Chief Executive Officer Kenneth Lay, who raised
more than $100,000 for Bush's campaign, is a member of
the president's energy transition team and attended his
economic summit.

"I clearly think Ken Lay and the Enron Corp. has President
Bush's ear on energy matters," said Craig McDonald,
director of Texans for Public Justice, an advocacy group
critical of Bush.

"They had his ear when he was governor. It's no surprise
that Bush's policies mirror those of Enron."

Enron spokesman Eric Thode said Bush campaigned as "a
proponent of states' rights and deregulation. He doesn't
need anybody to suggest that to him."

White House spokeswoman Claire Buchan also denied that
Enron influenced Bush's decision Tuesday to continue for
only another two weeks Clinton administration orders to
the company and other power providers to continue
supplying electricity to California's near bankrupt utilities.

"The president believes this is an issue that was created by
this rather unique legislation in California and that by
providing the two weeks, it will enable California to take the
steps that it needs to do to begin to resolve this situation,"
she said.

Overall, Enron gave $2.3 million to federal candidates and
the political parties during the 2000 election, more than
double its $1.1 million in 1998 and more than any other
energy company, according to the Center for Responsive
Politics, a non-partisan research group that studies
campaign finance. Almost three-fourths of the company's
donations went to Republicans.

Right behind Enron in campaign contributions from energy
companies was Southern Co., whose Southern Energy
subsidiary, recently renamed Mirant, is an electricity
supplier in California. Atlanta-based Southern Co. gave
$1.3 million in 2000, including $14,000 directly to Bush.


© 2001 The Associated Press.
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