ENRON and the DEMOCRATS - A partial list of FINANCIAL CONTRIBUTIONS and DATES

To: Salvation; Enron_List

21 posted on 01/11/2002 9:02:04 AM PST by Alamo-Girl

Thanks and BTTT for the whole truth.

22 posted on 01/11/2002 9:07:07 AM PST by Salvation

I would say fraud by Enron executives, improprieties by politicians...it's the old guilt by association game. now, whether right or wrong, it's real. For example--big name politician on banking and finance committee. Wife of said big name politician is on Enron board. Enron gives said guy boatloads of cash. Said big guy makes ruling which gives Enron free reign and deregulation in a new market. New entity then implodes in everyone's faces, helping to break the nest eggs of 1,000's of hardworking Americans. IT HAPPENED. Fraud? Not really. Improper? You bet. This is the path this stuff is going to take-like it or not. Once again, it's how they respond to the heat that will be telling. After the last 8 years, one would hope it would be up front and honest--but I'm thinking that docs are being shred everywhere...be ready.

23 posted on 01/11/2002 9:09:59 AM PST by winallcosts

Bump! Still don't think enough is being said about Daschle and his airline connection.

24 posted on 01/11/2002 9:23:22 AM PST by dalebert

Bush had better launch a major offensive against the DemocRATS.

25 posted on 01/11/2002 9:27:23 AM PST by Holden Magroin

To: Holden Magroin

Bush had better launch a major offensive against the DemocRATS.

The 'RATS are going to hang themselves, they don't need any help.....one question is if they are going to be able to re-group in time for the '02 elections.

26 posted on 01/11/2002 9:40:42 AM PST by rface

You can turn on any of the TV networks to get the 'pubbie list....you get the 'RAT list only here.

28 posted on 01/11/2002 9:42:56 AM PST by rface

30 posted on 01/11/2002 7:11:58 PM PST by callisto

What you'll hear on talk radio(conservatives rule there)and more or less Fox News Channel - the truth.People are not as dumbed down as you and the Democrats think(not any more)! Thank God.

31 posted on 01/11/2002 7:24:38 PM PST by Lady In Blue

”I would say fraud by Enron executives, improprieties by politicians...it's the old guilt by association game.”

Of course this is what I would expect partisans to engage in. My question to you is more honest: what crimes or improprieties were committed by the politicians? There may be some, I honestly want to know.

” now, whether right or wrong, it's real.”

If politicians acted corruptly, they should be held accountable. If they are being smeared, it is up to honest men to come to their aid.

” For example--big name politician on banking and finance committee. Wife of said big name politician is on Enron board. Enron gives said guy boatloads of cash.”

You are referring to Phil Gramm of Texas and his wife.

”Said big guy makes ruling which gives Enron free reign and deregulation in a new market.”

That is a lie. Gramm is a member of a committee. He does not make “rulings” that suddenly turn into law. You may not be familiar with the long history of the move to deregulate the energy utilities, just as the telephone and the airline industries were deregulated. I am. There are Leftists and statists who believe that utilities that supply electricity and gas should always and forever be regulated monopolies. There are others who believe that, thanks to modern technology, it is possible to have a free market in energy. Phil Gramm has always been a champion of deregulation. He was an advocate of the free market in electricity and gas and the abolition of monopolies. Enron was one, and only one, of the companies that began to compete in the area of trading in energy. Do a little research and you may be able to find out who some of the others are.

”New entity then implodes in everyone's faces, helping to break the nest eggs of 1,000's of hardworking Americans. IT HAPPENED. Fraud? Not really. Improper? You bet.”

Again: B.S. Enron is no more a “new entity” than Duke Power is. Both trade in the free market for electricity. Enron went under because it loaded up with debt that was guaranteed by the price of Enron stock. When the stock price declined, their debt came due and they were not able to pay. It’s as if you were to buy stocks on margin and when your stocks decline, you are faced with a margin call without the money to pay. You go broke.

One final note: those “hardworking Americans” were greedy investors who chose the riskiest options in their 401k. They did not have to put all their money into Enron stock, but they did. And now they’re crying. Well, I’m sorry for them. I’m in the business of helping people make wise investment choices. I always counsel them: don’t put your job, your pension, and your savings in a single stock. But those “poor” Enron employees let greed overcome their judgment. They were sitting pretty when Enron’s stock reached 100, telling each other how smart they were. In the end, we, the taxpayers, will probably end up footing the bill.

” This is the path this stuff is going to take-like it or not. Once again, it's how they respond to the heat that will be telling. After the last 8 years, one would hope it would be up front and honest--but I'm thinking that docs are being shred everywhere...be ready.”

I don’t like it, because, as I have pointed out, the accusations are grounded in ignorance and paranoia. Enron is a case study of the effect of excessive debt supported by an inflated stock price. When the stock bubble burst, the company collapsed. From what we know at this point, that’s all it is. Anything more sinister is a partisan witch-hunt.

32 posted on 01/12/2002 5:16:53 AM PST by moneyrunner

It all reads like corruption. If you sent/accepted payments like this in the private sector it would be illegal.

33 posted on 01/12/2002 5:48:01 AM PST by BJungNan

Seems to me everyone got a piece of Enron's pie. So what's the beef?

34 posted on 01/12/2002 7:18:43 AM PST by harpo11

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794