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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (37253)	8/16/2003 10:57:17 PM
From: Raymond Duray	Read Replies (1) \| Respond to of 74559

elmat, Re: It was done in Brazil alreay and worked quite well. Concot a balck out and lets rake in the cash!!! Also in Iraq and Serbia. **** This is one of the better articles on the blackout that I'm aware of: gregpalast.com Palast spoke in Portland, OR last April to a full house at Portland State University. I was in attendance. Portland is being held hostage by Enron today. Enron owns Portland General Electric, the ute for the city and environs. There is a move afoot to create a PUD, a Public Utility District, to buy out Enron and create a citizen owned utility. This is being fought tooth-and-nail by the creeps who see further exploitation of the ratepayers as the goal of capitalism. Palast lives on Long Island, New York, and in his speech gave much encouragement to the PUD activists who were very much in attendance at the speech. On Long Island, there was a contemptible company called LILCO, Long Island Lighting, which went bankrupt in the early 1990's as a result of remarkably dim-bulb excesses in the realm of nucular plant construction and ratepayer rape. Eventually, the public wrested the control of the utility from the scum, and created a public entity which promptly rationalized the system, ended the chaos and lowered electricity rates for the new owners of the utility, i.e. the public. Hopefully, Portland will be able to overcome the extraordinary greed that has kept the Enron assets out of the hands of the people who ought to be in control, the customers and citizens of Portland. The free marketers have proven that they are utter scoundrels. They are incapable of honesty. They need to be marginalized, as they were, quite successfully by Franklin Roosevelt in the 1930s, ending a decade of utter contempt for the public good by the likes of Sam Insull. We already have the solution to the Blackout of 2003. We've had it for 70 years. It is called public power and intelligent regulation, such as PUHCA. The reason we lost our control of the system is a story of greed, bribes and outrageous backroom deals.