I'm all for being patient and letting the facts tell the story about what happened at Enron. However, to dismiss the events occuring at Enron as isolated is naive. Also, the Wall Street Journal had a front page artice this week on some of the new revelations about Enron's activities in California. Last time I checked, the WSJ was not a bastion of liberal, anti-capitalists.
Considering the facts below, is it naive to conclude that Davis and Company are merely playing politics during this crucial election year-?
For instance, records pried from the governor's office by legal action reveal that during last year's crisis Enron was charging less for electricity than the market average and significantly less than Davis's own L.A. Department of Water & Power, under the direction of the governor's "electricity czar," David Freeman.
There are a number of FReepers, including myself, who are very upset with the WSJ for printing that article, and another previous one. The concensus here is that arch-liberal Al Hunt was behind those two hit pieces. The first one in the WSJ read almost word for word with the one printed in the New York Times.
One FReeper has already cnacelled his WSJ subscription, and I am considering the same.
There are three Enron-related articles which actually defend capitalism and free markets, if you are interested: