Return of the Enronistas

"The legacy of Enron can be summed up in one word: Propaganda"

Great article in which Frank Rich sees the legacy of Enron in the "presidential roadshow" in which Bush has "conversations on Social Security".

International Herald Tribune/NY Times

http://www.iht.com/articles/2005/03/18/features/rich19.html

:thumbsup:

and the parallels are interesting. Ken Lay didn't (apparently) know what the hell was going on beyond what his self-dealing insiders told him (sound familiar?). No absolution for Ken here, regardless of his professed ignorance. He should look up the word "fiduciary" and hunker down for a long prison sentence...maybe share a cell w/ GW? BTW, turns out Ken's pal in the admin. is Cheney, not GW, although he's pretty tight with Big George (HW).

It's the "plausible deniability" strategy. DeLay's trying to cash in on the same tactic. We're supposed to believe the top guys were too dumb to plan such disasterous outcomes, so it must have all been a mistake. BCCI, Iran-Contra, WorldCom, Enron Iraq -- they all follow the same pattern.

The Repubs use it over and over again to get away with their crimes. Corporate America is following suit as it loots the carcasses of the United States Treasury and the Middle Class - again, and again, and . . .

Poor little lambs all.

but like the luck of the Irish ,Enron walks away...
and Kenny may play another day...
Enron may have been involved in the Caspian Sea oil deal worth up to 10 trillion

Snakes of a feather slither together..kenny boy,dubya,dickie..sssssss

http://www.alternet.org/story/12375/

"Enron's collapse may have begun half a world away, in Dabhol India. Mired in controversy from the get-go, the Dabhol project was an economic and human rights disaster

By December, news of Enron's collapse was in newspapers across the world. But the company still filed a $200 million claim with the U.S. government's Overseas Private Investment Corporation, a U.S. taxpayer-funded insurance fund for American companies abroad, in an attempt to recoup losses from the DPC. Indian newspapers reported that Vice President Dick Cheney, Treasury Secretary Paul O'Neil and Commerce Secretary Don Evans tried to twist the Indian government's arm into coughing up the money. Otherwise, U.S. officials warned, other investment projects would be jeopardized. International media reported last month that U.S. government documents showed Cheney tried to help collect the debt.

Today in Dabhol, the power plant is considered polluting and undependable. Spring water has become undrinkable, the mango crop is blighted and the fish catch is dwindling. Often at nightfall, the electricity fails."