Posted on 07/01/2002 9:23:20 PM PDT by Republican_Strategist
Edited on 07/12/2004 3:55:04 PM PDT by Jim Robinson. [history]
Hoping to fulfill the energy giant's biggest ambition to create a nationwide electricity market, former Enron Chairman Kenneth Lay played a part in getting President Clinton to propose a power deregulation bill, internal Enron documents show.
Mr. Clinton sent the bill to Congress within weeks of receiving a Feb. 20, 1998, letter from Mr. Lay, obtained by The Washington Times, urging him to get personally involved because Congress appeared ready to act on legislation promoting competition and consumer choice in electricity.
(Excerpt) Read more at washtimes.com ...
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This is another great find by you in your excellent collection of the rar involvement with Enron.
Remember that Gray Davis received one of the largest $ contributions from Enron.
This was quite interesting from this article:
the Bush administration went against Mr. Lay's advice in June when it decided to establish caps on wholesale power prices in California. As a major power seller in the state, Enron opposed such price controls.
Ironically, it was Pat Wood, whom Mr. Lay had recommended to Mr. Bush to be chairman of the Federal Energy Regulatory Commission, who pushed the price caps through, in a move that sent Enron's stock plummeting.
Check out who he was trying to influence..LOL!
PRIVATE MEETING: Chairman pitches his plan to prominent Californians
"His prescription called for more rate increases, an end to state and federal investigations and less rather than more regulation."Gee, what a brilliant man. Did he think up that "prescription" (for his success) by himself? < /sarcasm >
Yeah, but Al can't remember. Maybe he was in the mens' room at the time...That darn iced tea.
Biggest problem: What are the chances we'll see these facts put forth by ABCNBCCNNCBSNYTIMESWASHINGTONPOST, i.e., the media dung heap? Washington Times is one of the few honest newspapers.
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