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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: T L Comiskey who wrote (13368)	2/23/2003 11:49:09 PM
From: Jim Willie CB	Read Replies (2) \| Respond to of 89467

an excellent reading list of articles from my website: goldenjackass.com Donna just updated my Golden Jackass website it contains almost 60 significant articles they are each and every one worth reading, a real education these are the best among the best from a pile of reading which has made up my several hundred hours of work, a pile of paper at least three feet high she is showing me how to update it with simple email messages to a central facility I highly recommend picking and choosing from the list of course, most are negative, but all are realistic and non-distortive they cover the entire spectrum of the world financial markets I dont believe any single area is overlooked just this weekend, a fellow named Peter Spina from GoldSeek.com let me know he put my "Statistician's Indictment of Economists" article on his business website, after I gave him permission he wanted the MSWord document, since it didnt turn out too well some of these articles for sure came from you guys on this thread for that I am grateful you drugg them to my mailbox my pace of reading has fallen off honestly, I have gotten very tired after all these months, regular physical workouts, little if any social life, an occasional thrill at a gentleman's club, even a date now and again lately, renewed hope that my finances can be restored on gold's back, plenty of angst over my life and many friends left behind in Boston, compounded by a lack of love for my dayjob (the blowjob) where I am not much valued I truly believe my faith in gold (and silver), in top unhedged miner firms, and their advocates is well placed those who invest in it, not in just a small part of a diversified portfolio, WILL BE HUGELY REWARDED / jim

To: T L Comiskey who wrote (13368)	2/24/2003 6:07:22 AM
From: stockman_scott	Respond to of 89467

Enron: Under Cover of Dark and the War By Matt Bivens The Daily Times Pakistan There's not much doubt left today that the California energy crisis was an Enron esque game. Just 10 days ago, a fifth former Enron exec entered a federal guilty plea The Enron scandal has all but disappeared from view. Let's check in on it, shall we? You remember Enron: It claimed to be making and holding onto lots more money than it really was; it suckered people, including its own employees, into believing it was a success; its top executives paid themselves lavishly and then, when the pyramid shuddered, cashed out early. That's the usual chronology, but the 800-pound gorilla it omits is the summer of 2001 in California when "energy traders'' like Enron created a phony "energy crisis'' in which, for the third summer in a row, they could ransom their energy for eye-poppingly outrageous sums. There's not much doubt left today that the California energy crisis was an Enron esque game. Just 10 days ago, a fifth former Enron exec entered a federal guilty plea. He admits he and his colleagues intentionally defrauded Californians intentionally brought about those lucrative power outages. Enron, of course, wasn't alone. Traders over at Reliant Energy (just renamed Center point) have been caught on tape laughing about being the cause of power failures across the West Coast, and then under cover of dark sneaking away with the public's hard-earned money it was "cool'' and "fun.'' So, game over, right? There's a consensus that 55 million Californians were ripped off by the Fraudster 500; now it's just a matter of doling out the jail time and the public shame, collecting what money can be recovered, and ordering regulators to prevent it recurring, right? Uh, no. For starters, Americans have forgotten Enron. We're too busy duct-taping our windows shut against the possibility of a chemical, biological or nuclear attack. The press derides the new government civil defence advice as "duct and cover'' a joking reference to the old "duck-and-cover'' Cold War drills, in which school kids would hide under their desks from Comrade Stalin but that hasn't stopped hoarders from buying up all the flashlights and bottled water in my hometown. With no one watching, it's back to business as usual and the Bush administration is eager to do the bidding of the oligarchy sorry, wrong country, of its favourite "campaign contributors.'' So those Reliant traders who thought themselves so "cool'' earned their company a playful wrist slap: Their $13.8 million fine equals 0.03 percent of Reliant's (rape-of-California) 2001 revenues of $40.8 billion. If Reliant had jacked a Mercedes, this would be equivalent to a judge ordering it to keep the car but return any change found behind the seat. The fine was set by the Federal Energy Regulatory Commission, or FERC and for anyone who missed the point, the White House just appointed a new FERC commissioner: Joseph Kelliher, a former aide to Vice President Dick Cheney. Kelliher was the Enron go-to guy he was once handed Enron's "dream list'' of government policies and dutifully relayed it to Boss Cheney. Meanwhile, the man who used to run Enron's corrupt energy trading division is not only not in trouble, he's secretary of the US Army that, incredibly, makes him the man in charge of the Army budget. Ken Lay, the former Enron chief, is also doing well. He's having a day in court soon because he's suing the US government. He and his wife think the US tax authorities owe them $130,000 from the mid-1980s. So this is why they say the first casualty of war is truth. truthout.org