To: Ernest_at_the_Beach
"It is very clear that Enron attempted to take advantage of the rules, drive up prices in California, create artificial shortages, cause blackouts and make a killing all at the same time," Davis said. "They wanted to bilk us for every dollar they could and that is exactly what they did." Of course, driving up prices is the opposite of creating shortages. Shortages occur when a product is priced below market rate.
To: Rodney King
Interesting that the memos are from December of 2000. As I recall W wasn't inaugurated until January of 2001. Hmmmm.
6 posted on
05/08/2002 1:12:17 PM PDT by
Wphile
To: Rodney King
There are other ways to create shortages that involve constraint of supply, a process that has been proceeding for 25 years.
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