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GOVERNOR DAVIS CONTINUES FIGHT AGAINST ENRON AND OTHER ENERGY PROFITEERS (BARF ALERT)
Shameless Buck-Passing Office of Governor-Grayout Davis | 5/7/2002 | Grayouts Spin Doctors

Posted on 05/08/2002 1:02:01 PM PDT by ElkGroveDan

GOVERNOR DAVIS CONTINUES FIGHT AGAINST ENRON AND OTHER ENERGY PROFITEERS

Urges Attorney General Ashcroft to Initiate Criminal Investigation

SACRAMENTO Governor Gray Davis today sent the following letter to Patrick Wood III, Chairman of the Federal Energy Regulatory Commission (FERC), restating his position that California was taken advantage of by Enron and other energy traders during the state energy crisis:

Yesterday's release by the Federal Energy Regulatory Commission of documents relating to Enron's abuse of California's energy market confirms what California has been saying for well over a year now: our markets have been manipulated. It gives further credence to my oft-stated belief that California was taken unholy advantage of by Enron and other energy traders. These memos amount to a confession by Enron of its efforts to defraud California consumers; they may involve criminal violations as well.

Through its greed and possibly illegal manipulation, Enron did incalculable damage to California's economy - and thereby to the national economy. That is why I am joining my colleagues, Senators Dianne Feinstein and Barbara Boxer, in urging Attorney General Ashcroft to initiate an immediate criminal investigation into Enron's role in the matter.

In the face of these revelations, I also call on the Commission to release all other materials in its possession relating to Enron's role in manipulating the energy market in California and the West. This should include any letters, e-mails, memoranda and other communications - either way - between elected government officials and Enron from 1996 when California's electricity deregulation law was passed, through 2001. But this must not stop there. There are at least five more, important points:

One, the Enron memos say things such as "although Enron may have been the first to use this strategy, others have picked up on it too." "Traders claim that 'everybody does this.'" California has previously submitted material to FERC identifying others who manipulated the market. It is past time for FERC to investigate the extent to which others, in addition to Enron, engaged in the manipulative practices described in Enron's confession.

Two, California's ISO rules have failed to stop this kind of manipulation. When our ISO proposed tougher rules this year - indeed rules such as those which FERC has permitted Eastern ISOs to use - FERC rejected those proposals. FERC must permit our ISO to have stronger rules.

Three, it is clear that California's markets are still susceptible to manipulation. Nothing will change that between now and September 30, 2002. It is imperative that FERC continue the West-wide price caps and must-sell rules after September 30.

Four, the Enron memos confirm the abuse of market power by many who gouged California. FERC must remedy this by granting full and complete refunds in the proceeding now before it.

Fifth, this is further confirmation of the fact that California was forced to defend itself by entering into long-term contracts at a time when the market was dysfunctional. FERC must reform those contracts in the current proceeding brought by the Public Utilities Commission and the Electricity Oversight Board.

Thank you for your serious and expeditious attention to these important matters.

Although every effort is made to ensure the accuracy of this email, mistakes can occur. The State of California neither warrants the accuracy of the information nor the timeliness of the delivery. If the information you need is sensitive or urgent, please check the website or other sources directly. If you no longer want to receive notifications from My California, please update your profile at www.ca.gov. Please do not reply to this message.


TOPICS: Announcements; Crime/Corruption; Government; Politics/Elections; US: California
KEYWORDS: calgov2002; calpowercrisis; enronlist
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Honest. I ran outta gas.

I had a flat tire.

I didn't have enough money for cab fare.

My tux didn't come back from the cleaners.

An old friend came in from outta town.

Someone stole my car.

There was an earthquake,...

...a terrible flood,

...locust's.

It wasn't my fault!! *

1 posted on 05/08/2002 1:02:02 PM PDT by ElkGroveDan
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To: Ernest_at_the_beach
PING
2 posted on 05/08/2002 1:02:54 PM PDT by ElkGroveDan
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To: ElkGroveDan
How convenient. A way for Davis to pass blame to the evil company Enron to deflect
blame for his own role in the fiasco.
3 posted on 05/08/2002 1:05:06 PM PDT by jwalburg
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To: ElkGroveDan
See this alos:

Scope of power-price inquiry widens:

FERC investigation.

4 posted on 05/08/2002 1:09:43 PM PDT by Ernest_at_the_Beach
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To: ;Calpowercrisis;randita;SierraWasp; Carry_Okie; okie01; socal_parrot; snopercod; quimby...
Calpowercrisis:
To find all articles tagged or indexed using Calpowercrisis, click below:
  click here >>> Calpowercrisis <<< click here  
(To view all FR Bump Lists, click here)



5 posted on 05/08/2002 1:10:28 PM PDT by Ernest_at_the_Beach
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To: calgov2002;enron_list
Enron_List:
To find all articles tagged or indexed using Enron_List, click below:
  click here >>> Enron_List <<< click here  
(To view all FR Bump Lists, click here)



6 posted on 05/08/2002 1:11:40 PM PDT by Ernest_at_the_Beach
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To: ElkGroveDan
this is further confirmation of the fact that California was forced to defend itself by entering into long-term contracts at a time when the market was dysfunctional.

Please save me from my stupid mistakes which I bragged about at the time!

7 posted on 05/08/2002 1:15:41 PM PDT by Dog Gone
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To: ElkGroveDan
Smart bastard RAT, blame it on everybody else! Very Clintonique(sp?) Unfortunately the media will fall in step with davis and completely shield him from this crime. And I predict his numbers will climb as a result of this scandal!
8 posted on 05/08/2002 1:22:43 PM PDT by RoseofTexas
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To: ElkGroveDan;Grampa Dave;Liz

WAAAAHHHH!!! --- I and my staff are government DOOFI. We were taken advantage of by the 'corporate wolves' because we were 'greedy and stupid', and they tricked us with contributions to my campaign.

It's NOT our fault!

9 posted on 05/08/2002 2:21:01 PM PDT by d14truth
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To: RoseofTexas
Enron and Oracle

How could this happen, after all THEY did for me? They bought me off, and then screwed my taxpayers. How shameful THEY are.

10 posted on 05/08/2002 2:25:27 PM PDT by d14truth
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To: Dog Gone

Oracle and Enron I can handle, just don't ask me any deep, probing questions about Global Crossing, Asia Global Crossing, Gary Winnick, Lodwrick Cook, or Ronald Brownstein, OK?
11 posted on 05/08/2002 2:28:22 PM PDT by d14truth
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To: ElkGroveDan
Is this not a joke? Some of his closest appointees made tons of money off the power shortages.
12 posted on 05/08/2002 2:28:41 PM PDT by dalebert
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To: ElkGroveDan; ALL
I'M NOT A CROOK!_______ ENRON ONLY GAVE ME $117,000

IT IS PETEY WILSON'S FAULT SIGNING THE PHONEY DEREGGING BILL THAT I AND OTHER RATS WROTE WORD FOR WORD!

GW AND DICK CHENEY MADE ME DO IT!

SIMON MADE ME DO IT!

I'M INNOCENT! I'VE BEEN FRAMED!

I KNOW NOTHING ABOUT ANYTHING!

I SAW NOTHING! HEARD NOTHING! I SAID NOTHING!

IF I DID ANYTHING, IT WAS TO SAVE ABORTION, THE GAY AGENDA, ILLEGAL ALIENS AND FOR THE STARVING CHILRUN!

I WAS BUSY BATTLING ENRON, SAVING THE CALIFORNIA ECONOMY

I KEPT THE LIGHTS ON & THE PRINTING PRESSES RUNNING FOR KALIFORNIANS !

I WAS BUSY RUNNING UP A RECORD DEFICIT FOR KALIFORNIANS!

13 posted on 05/08/2002 4:54:47 PM PDT by Grampa Dave
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To: Grampa Dave
You forgot: "The dog ate my energy policy"
14 posted on 05/08/2002 5:41:29 PM PDT by fhayek
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To: fhayek
How about:

MY PET RATS AND MAGGOTS ATE MY ENERGY POLICY!

15 posted on 05/08/2002 5:46:21 PM PDT by Grampa Dave
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To: ElkGroveDan
Boy, oh, boy, I just can't wait for Davis to fight against Oracle and other California scandalous contract profiteers!
If he would only do things right the first time, he wouldn't waste so much time mitigating the consequences.
16 posted on 05/08/2002 11:25:56 PM PDT by heleny
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To: ElkGroveDan; ernest at the beach
SELF PORTRAIT BY BENITO DAVIS:

HOW I BATTLED THE EVIL ENRON/GW/CHENEY AND KEPT THE LIGHTS ON!

17 posted on 05/08/2002 11:54:22 PM PDT by Grampa Dave
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To: Grampa Dave
ROFL!!!

Surely this did not come from his website!

18 posted on 05/09/2002 12:07:12 AM PDT by Ernest_at_the_Beach
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To: Grampa Dave
Good night!
19 posted on 05/09/2002 12:07:51 AM PDT by Ernest_at_the_Beach
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To: Ernest_at_the_Beach
The cartoon came from his website, and the comments are Grampa Dave's:

DAVIS FIGHTING HARD FOR THAT BRIBE MONEY FROM EVIL POWER COMPANIES!

20 posted on 05/09/2002 12:13:36 AM PDT by Grampa Dave
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