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


To: TigerPaw who wrote (310441)10/23/2002 11:47:05 AM
From: Arthur Radley  Read Replies (3) | Respond to of 769670
 
There are those who wonder why Cheney wants to keep the records of his clandestine meetings with his oil cronies a secret.....

"Editorial: An apology is certainly due
Plea shows California was right

October 21, 2002

Vice President Dick Cheney owes California an apology. In fact, the entire energy industry owes this state an apology. In the aftermath of California's power crisis, Mr. Cheney and the energy industry were quick to blame the state and its officials for everything from an insufficient power grid to a failure to build power plants to a lack of energy conservation.

In fact, in an interview with The Associated Press in March 2001, Mr. Cheney said of California and the power crisis, "They caused it themselves."

Californians have known almost from the beginning that they alone were not to blame and that the power crisis was orchestrated. Bit by bit, the facts coming to light have shown California was in the right.

One more example came Thursday, when Timothy Belden, the former head of trading at Enron's Portland, Ore., office, pleaded guilty to masterminding a scheme to drive up energy prices during the power crisis. His reason?

"I did it because I was trying to maximize profit for Enron," he told the judge.

What emerges from admissions like this, and from other evidence uncovered in several investigations into energy price manipulation, is vindication.

And while that brings satisfaction, something more is needed from an industry arrogant enough to believe it could fleece California out of $9 billion in energy overcharges and from a vice president arrogant enough to believe his buddies in the business world could do no wrong.

They did more than wrong, they broke the law. They need to apologize.