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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth -- Ignore unavailable to you. Want to Upgrade?

To: steve harris who wrote (121600)	4/27/2008 1:49:49 PM
From: Land Shark	Read Replies (1) \| Respond to of 173976

GWB only pulled the plug only after it was widely known that it was a scam and thousands of investors got scammed out of $Billions. Good job GWB. Just a few spiffy eye-openers on Enron's connections: # Lay and Enron together donated $2 million to George W. Bush. In 2000, a company memo that was an open strong-arm recommended employees give campaign checks for Bush to the political action committee: low-level managers were urged to contribute $500 and senior executives at least $5,000. It gave more money last cycle than any other energy company. # Lawrence B. Lindsay, Bush's top economic adviser, got $50,000 from Enron in 2000 for consulting, presumably giving the company the same excellent advice now proving so healthy for the nation's economy. And some more for you Bushites out there (members of branch Bushidiots: As Enron's crisis worsened through the first nine months of Bush's presidency, Lay secured Bush's help in three key ways: * Bush personally joined the fight against imposing caps on the soaring price of electricity in California at a time when Enron was artificially driving up the price of electricity by manipulating supply. Bush's resistance to price caps bought Enron extra time to gouge hundreds of millions of dollars from California's consumers. * Bush granted Lay broad influence over the development of the administration's energy policies, including the choice of key regulators to oversee Enron's businesses. The chairman of the Federal Energy Regulatory Commission was replaced in 2001 after he began to delve into Enron's complex derivative-financing schemes. * Bush had his NSC staff organize that administration-wide task force to pressure India to accommodate Enron's interests in selling the Dabhol generating plant for as much as $2.3 billion. # Karl Rove, Bush's top political strategist, sold between $100,000 and $250,000 worth of Enron stock after being criticized for conflict of interest. # The California Legislature passed a contempt motion against Enron for failure to respond to a June 11 subpoena. The legislature is investigating whether power generating companies willfully manipulated electricity supply in order to drive up prices. # Lay was the only energy executive to meet alone with Vice President Dick Cheney while Cheney was drawing up a new national energy policy in secret. # Enron influenced public policy time and again while Bush was governor in Texas. Enron was a major player during the utilities deregulation debate, for which Bush lobbied actively, and in ``tort reform,'' making it harder to sue corporations for the damage they do. And a few more for you Bush Worshipers (members of Branch Bushidiots): * Bush personally joined the fight against imposing caps on the soaring price of electricity in California at a time when Enron was artificially driving up the price of electricity by manipulating supply. Bush's resistance to price caps bought Enron extra time to gouge hundreds of millions of dollars from California's consumers. * Bush granted Lay broad influence over the development of the administration's energy policies, including the choice of key regulators to oversee Enron's businesses. The chairman of the Federal Energy Regulatory Commission was replaced in 2001 after he began to delve into Enron's complex derivative-financing schemes. * Bush had his NSC staff organize that administration-wide task force to pressure India to accommodate Enron's interests in selling the Dabhol generating plant for as much as $2.3 billion.