Global Free Press
search Global Free Press:
 
 
     
. . . government of the People by the People for the People shall not perish from the Earth. --Abraham Lincoln
Global Free Press
- About
- FAQ
- Discussions
- Journals
- Messages
- Topics
- Authors

- Preferences
- Older Stuff
- Past Polls
- Submit Story

Global Free Press
Please support GFP

Links
Features

 

It's the Enromony, Stupid
December 14, 2001
by Walt Starr
http://democraticunderground.com

George W. Bush believes he can coin new words for the English language, so I thought I'd give my first shot at this practice with enronomy. Look at the beauty in the word. Enron is a perfect analogy for the current economic conditions in this nation. Previously number seven on the Forbes 500 list, and now bankrupt - compare it to the Clinton economy being taken over by Bush and run into the ground.

The entire idea of the enronomy runs deeper than any analogy, however. The complicity of the Bush administration in the happenings of Enron had detrimental effects on the enronomy (there's that word again). Sixty billion dollars just disappearing from the enronomy must have a detrimental effect, and let's face facts, there is no way that members of this administration didn't know what was going on.

More...
http://www.democraticunderground.com/articles/01/12/14_enronomy.html


posted at http://democraticunderground.com (source)
by CatWoman (2013 posts)
Dec-14-01, 11:20 AM (ET) -

"Rep. Waxman wants your input on Enron Corp. Know anything?"

At the direction of Rep. Henry A. Waxman, the Special Investigations Division of the Committee's minority staff is investigating allegations of misconduct at Enron Corp., including fraud, mismanagement, self-dealing, and improper political activities.

More...
http://www.house.gov/reform/min/enron_tip.htm

No one can make you feel inferior without your permission -- Eleanor Roosevelt


posted at http://democraticunderground.com (source)
by Tashtego (5 posts)
Dec-14-01, 04:16 PM (ET) -

"Fortune mag wonders if someone's going to jail?"

Will either the House or Senate dig deep enough to uncover who the investors were in the off-Balance Sheet partnerships used to hide Enron's debt? Who will wind up being Enron's Bill Casy?

More...
http://www.fortune.com/indexw.jhtml?channel=artcol.jhtml&doc_id=205595


posted at http://democraticunderground.com (source)
by DisgustipatedinCA (41 posts)
Dec-11-01, 06:23 PM (ET)

"Enron Officials Snub Congress"

http://www.salon.com/tech/wire/2001/12/11/enron_congress/index.html

At Enron's headquarters in Houston, spokeswoman Karen Denne said neither Chairman and Chief Executive Kenneth Lay, who was invited by the lawmakers, nor any other Enron representatives will testify Wednesday.

"We don't believe that we would be able to adequately serve the interests of the committee while at the same time we're trying to serve the interests of our creditors' shareholders, and former and current employees," Denne told Dow Jones Newswires.

More...

Sanders (VT) rips them a new one - by remfan and RoscoeNOBUSH

- http://dailynews.yahoo.com/h/ap/20011211/ts/enron_congress_5.html

- http://dailynews.yahoo.com/h/ap/20011211/bs/enron_congress_5.html
(same AP story as Salon, but a little more detail)

Newsweek Quote Calls Out Dems! - by Democat
This is from the new issue of Newsweek, the one with Walker on the cover. Talking about Enron's ties to the White
House and their ties to the Republican Party, the Newsweek writer says, "...the juicy stuff probably won't show up
until the Democrats get in gear."
Come on Democrats, get in gear!


posted at http://democraticunderground.com (source)
by RoxanneJ (1545 posts)
Dec-11-01, 03:24 PM (ET)

"Connect the Enron dots to Bush"

Bush should be called as a witness in the congressional hearings scheduled to unravel this mess. One thing that should come up in the hearings is then-Gov. Bush's October 1997 telephone call on behalf of Lay to then-Pennsylvania Gov. Tom Ridge to help Enron crack into the tightly regulated Pennsylvania electricity market.

"I called George W. to kind of tell him what was going on," Lay told the New York Times about the 1997 phone call, "and I said that it would be very helpful to Enron, which is obviously a large company in the state of Texas, if he could just call the governor and tell him is a serious company, this is a professional company, a good company."

Since we now know Enron lacked those virtues, it's clear Bush was used to sell a bill of goods to the unsuspecting Pennsylvania folks.

http://www.latimes.com/news/opinion/la-000098235dec11.column?coll=la%2Dnews%2Dcomment%2Dopinions


Posted by Rabideau @ http://DemocraticUnderground.com

Here are a few articles that might be helpful to you.

That's just a primer. There's tons of more stuff. However, it's unlikely you'll find a "silver bullet" on Bush. His exposure right now is limited, I think, to the intense and unseemly connections between his administration, himself and Enron Corp. Whether there's more to it, we'll have to wait and see. One avenue that hasn't, as far as I know, received that much press is the role of the offshore partnerships with which Enron hid debts. You may want to go to http://www.freeedgar.com/ and look up Enron's financial filings with the SEC for more on this. Certainly, the outrageous nature of this action has received much press, but it's specifics and ties to any legislation (supported or introduced by Bush? I seem to remember a recent bill asking for more leeway for off shore subsidiaries?? Did that bill take Enron as a model?). Have fun. It's a tangled web.

We're told businesses have souls, which is surely the most terrifying news in the world. - Gilles Deleuze


More...

- EnronGate.com is LIVE! - - 12/20/2001
http://www.enrongate.com - ah the internet, who needs CNN!

- Bush appointed Harvey Pitt as head of the SEC for a reason... - - 12/14/2001
http://www.tnr.com/121701/chait121701.html

- Enron Insider Trading Stats - - 12/11/2001
http://moneycentral.msn.com/investor/invsub/insider/trans.asp?All=True&Symbol=US:ENE

- ENRON Execs Got $55 Million Just Before Bankruptcy
http://www.forbes.com/2001/12/05/1205enron.html


- FACTBOX- Companies' ENRON exposure estimated at $6.1 Billion
http://www.forbes.com/newswire/2001/12/06/rtr446029.html

 

"The liberty of a democracy is not safe if the people tolerate the growth of private power to a point where it becomes stronger than their democratic State itself. That, in its essence, is Fascism — ownership of government by an individual, by a group or by any controlling private power."
-FDR

[ home | contribute story | older articles | past polls | faq | authors | preferences ]

FAIR USE NOTICE: This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml
If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.


Powered by daVinci Interactive and Slashcode

Add GFP to your PALM via AvantGo
Add GFP HeadLines to your site XML or RDF

Questions or Comments Regarding This Site
webmaster@globalfreepress.com