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Politics : War -- Ignore unavailable to you. Want to Upgrade?

To: Machaon who wrote (13088)	4/2/2002 5:05:26 AM
From: GUSTAVE JAEGER	Read Replies (2) \| Respond to of 23908

Told you so.... or why the Beltway's Judeofascist clique won't mess with the Enrongate --and get their buddy Dick off the hook... FEATURE STORY \| April 15, 2002 Enron: What Dick Cheney Knew by JOHN NICHOLS In the spring of 2001 the severity of the California energy emergency had inspired demands for government action, and Enron had a problem. Officials in California were arguing that federal price caps on wholesale energy sales would prevent profiteering and stabilize wildly fluctuating energy markets, and even some Republicans were saying that caps made sense. But the caps would cost Enron--which had come to dominate energy markets by taking advantage of deregulation--a fortune. Enron CEO Kenneth Lay knew he needed high-level help. So he arranged to meet with a man who had headed a corporation with extensive business ties to Enron and who had been a prime recipient of Enron's political largesse. Vice President Dick Cheney cleared his calendar for an April 17 private meeting with Lay regarding what aides described as "energy policy matters" and "the energy crisis in California." At the meeting Lay handed Cheney a memo that read in part: "The administration should reject any attempt to re-regulate wholesale power markets by adopting price caps...." The day after he met with Lay, Cheney gave a rare phone interview to the Los Angeles Times that had one recurrent theme: Price caps were out of the question. Dismissing the strategy as "short-term political relief for the politicians," Cheney bluntly declared, "I don't see that as a possibility." [...] thenation.com