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[11] Posted by Roger 07-06-2003, 09:06 PM |
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"Stan de SD" <standesd@earthlink.net> wrote in message
news:hRZNa.84077$Io.7557034@newsread2.prod.itd.ear thlink.net... > > "Roger" <rogerfx@hotmail.com> wrote in message > news:N4zNa.246$tr1.28711127@newssvr14.news.prodigy .com... > > Was Enron one of your "highly successful operations that cater to the > TASTES > > and PREFERENCES of working-class America"? > > No. First of all, it wasn't successful, and secondly, it was an example of > the negligence of the SEC under Clinton's watch. They were fantastically successfull. They made tons and tons of money until they got caught. Are you saying that corporations are not responsible for their own actions? That they are only responsible if aggressively monitored by the government? That if the government doesn't watch every move they make, they turn corupt and steal money from their shareholders and "customers?" Sounds like you agree with me. > > However, thanks for chiming in, if only to remind us that you have nothing > of substance to contribute to the argument. Substance is in the eye of the beholder. You obviously missunderstood what I was contributing, since your response argued for my position, not yours. > > > "Stan de SD" <standesd@earthlink.net> wrote in message > > news:PvmNa.26063$C83.2395539@newsread1.prod.itd.ea rthlink.net... > > > Given that this is the day we observe and reflect upon our freedoms, I > > > thought a discussion of another area where we are in danger of losing > our > > > rights would be in order. As anyone who bothered to learn anything about > > > history should know, our Founding Fathers were an entrepreneurial lot, > and > > > understood the virtue of industry, thrift, and a society where > productive > > > economic behavior was rewarded, not punished. Unfortunately, we have > > > individuals today who are trying to infringe upon yet another are of our > > > individual freedoms by restricting our right to engage in commerce as we > > see > > > fit. > > > > > > We have always had socialists, control-freaks, and other losers amongst > > our > > > midst who whine about how big business and corporations are evil, as a > > > justification for confiscating/redistributing wealth. However, we have > > > another group of equally annoying busybodies who have singled out, of > all > > > businesses, retail corporations for vilification and harassment. These > > > individuals think they have a right to dictate where Wal-Mart can build > > > stores, what Burger King can sell for lunch, and whether Home Depot can > > > offer contractor services, and have dedicated time to harassing these > > > operations. > > > > > > These NIMBY types generate a litany of excuses for their objections, > many > > of > > > them ill-documented, fuzzy, and in some cases contradictory; claiming > > > exploitation of manufacturing workers in other nations, > "quality-of-life" > > > issues, or simultaneously claiming that large chains produce inferior > > > service while at the same time threatening local family-owned > businesses. > > > However, animus can more readily be explained in terms of a cultural > > > phenomena that I characterize as Pissy Liberalism, the manifestation of > > how > > > liberals deal with the rejection of their way of thinking. > > > > > > Large retail corporations such as Wal-Mart and McDonalds piss off > liberals > > > to no end because they are highly successful operations that cater to > the > > > TASTES and PREFERENCES of working-class America, a group that Pissy > > Liberals > > > claim to sympathize with but in reality hold in contempt. Most > individuals > > > concerned with mundane tasks such as paying the bills, keeping their > cars > > > running, and their kids fed assign those tasks far more importance than > > > saving the whales, gay rights, or campaigning for world peace. In > > addition, > > > some if the pet obsessions of liberals (anti-SUV hysteria, anti-logging, > > > anti-mining, anti-gun) are seen as antagonistic to the lifestyle and > > > economic well-being of working-class Americans, resulting in their > > rejection > > > of significant parts of the liberal agenda. Liberals react to this > > rejection > > > by getting pissy, and single out the corporate institutions as symbolic > of > > > what they consider the uncouth and unenlightened messes. Hence, snide > > > comments about the goods and services they provide, and the type of > people > > > who patronize those places. > > > > > > Remember, when you hear a Pissy Liberal whining about these large > > > corporations, it's not the CEO's or stockholders they resent, but Joe > > > Six-Pack buying shotgun shells or Mary Sue picking up a burger, fries, > and > > > Coke. All one needs to do is listen to the condescension directed at > > > individuals who have the nerve to patronize and voice their support > these > > > businesses to come to that conclusion... |
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[12] Posted by toto 07-06-2003, 09:45 PM |
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On Mon, 07 Jul 2003 00:47:27 GMT, "Stan de SD"
<standesd@earthlink.net> wrote: >Sorry, but the Enron pressuring in India started in the early 1990's, during >Clinton's FIRST term - ROTFLMAO!!! So what?. Bush continued the bailouts of Enron. Note that the corporation's corruption was helped by both administrations. Democrats and Republicans - no difference - they are all bought and sold by corporate CEOs -- Dorothy There is no sound, no cry in all the world that can be heard unless someone listens .. Outer Limits |
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[13] Posted by Stan de SD 07-07-2003, 01:44 PM |
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"toto" <scarecrow@wicked.witch> wrote in message news:03khgv0ub20evolfc80sbdqfgc3d0jjcn1@4ax.com... > On Mon, 07 Jul 2003 00:47:27 GMT, "Stan de SD" > <standesd@earthlink.net> wrote: > > >Sorry, but the Enron pressuring in India started in the early 1990's, during > >Clinton's FIRST term - ROTFLMAO!!! > > So what?. Bush continued the bailouts of Enron. What bailouts? Have any dollar amounts, or cites? Or is this another toto-ism? |
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[14] Posted by Stan de SD 07-07-2003, 01:45 PM |
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"Roger" <rogerfx@hotmail.com> wrote in message news:0I3Oa.1023$hW4.80431308@newssvr21.news.prodig y.com... > "Stan de SD" <standesd@earthlink.net> wrote in message > news:hRZNa.84077$Io.7557034@newsread2.prod.itd.ear thlink.net... > > > > "Roger" <rogerfx@hotmail.com> wrote in message > > news:N4zNa.246$tr1.28711127@newssvr14.news.prodigy .com... > > > Was Enron one of your "highly successful operations that cater to the > > TASTES > > > and PREFERENCES of working-class America"? > > > > No. First of all, it wasn't successful, and secondly, it was an example of > > the negligence of the SEC under Clinton's watch. > > They were fantastically successfull. They made tons and tons of money until > they got caught. Enron's bankrupt - hardly a sign of being fantastically successful. > Are you saying that corporations are not responsible for their own actions? No. How do you come to that conclusion? |
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[15] Posted by Stan de SD 07-07-2003, 01:47 PM |
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"hc23hc" <hc23hc@art.line> wrote in message news:3F094A2A.649C4DF6@art.line... > Roger wrote: > > > > "Stan de SD" <standesd@earthlink.net> wrote > > > > > > No. First of all, it wasn't successful, and secondly, it was an example of > > > the negligence of the SEC under Clinton's watch. > > > > Are you saying that corporations are not responsible for their own actions? > > That they are only responsible if aggressively monitored by the government? > > That if the government doesn't watch every move they make, they turn corupt > > and steal money from their shareholders and "customers?" Sounds like you > > agree with me. > > > It's exactly what Stain was saying, but almost certainly not > what he thought he was saying. Unless maybe, after a marathon > weekend of lurid, disoriented trolling of usenet (hopped up on > copious quantities of formaldehyde-spiked canned beer he found > on sale at a nearby K-Mart) Stain was suddenly struck by the > mother of all epiphanies... along lines similar to these : Notice how hc won't jump in until the other idiots show (Roger, toto) show up, since she's only comfortable discussing issues among her peers... |
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[16] Posted by hc23hc 07-07-2003, 02:17 PM |
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Stain de STD wrote:
> > "hc23hc" <hc23hc@art.line> wrote > > It's exactly what Stain was saying, but almost certainly not > > what he thought he was saying. Unless maybe, after a marathon > > weekend of lurid, disoriented trolling of usenet (hopped up on > > copious quantities of formaldehyde-spiked canned beer he found > > on sale at a nearby K-Mart) Stain was suddenly struck by the > > mother of all epiphanies... along lines similar to these : > > since she's only comfortable discussing issues among her peers... You forgot something, Stain - .............................................after a marathon weekend of lurid, disoriented trolling of usenet (hopped up on copious quantities of formaldehyde-spiked canned beer he found on sale at a nearby K-Mart) Stain was suddenly struck by the mother of all epiphanies... along lines similar to these : "Stain, this is your Conscience ! Stain ! Wake up !" "unhhnnh ... wha- ?" "Stain, I know you can hear me ..." "Say again ?" "OK, I'm sorry, this is as loud as I can speak but if you'd just turn down the fucking talk radio or whatever that racket is ..." "VCR... lemme find the remote, must've dozed off" "Hey Stain, your pants are undone ..." "Mmyeah, sorry. It's not what you think !" "What the hell are you watching ? Sounds like-" "Foreign film, ahem, not one you'd uh recognize ..." "The cops look like NYPD, those that aren't naked All happy and showing each other their guns and- Holy sh.... TWO fists ? Stain, did you see that ? The black kid screaming, scary. So realistic." "It's ...REsearch. DON'T look, OK ? I'll get the reMOTE" "Stain, don't shit me. I may be only a little guy but I'm your fucking Conscience for cryin' out so don't try denying it, that's gay leather porn you've been whacking off to - " "Mmmremsearch...mm... Okay, look, you might as well know the wHOLE story, uh, the CaNADians, right, have LEgalized like, HOMOSEXUAL marriage and HARDly a week later the law in TEXas against SODOMY is struck down by the SuPREMEs-" "They gave Diana Ross back her license ?" "This is NOT a LAUGHING matter, it could mean the end of the American Family as an INSTITUTION. I have to BONE UP on this ... FILTH, so I can formulate my response to the swing voters of the usenet community in which I play a MOST influential role, I'll have you KNOW..." "Sorry, Stain. Maybe I was a bit out of line there, I've been working two jobs for ages, mine plus moonlighting for your ailing Sense of Humor. Going on six years now ..." "What's with my sense of HOMO- er, humor anyway ? Got homeless BUM syndrome, eh ? You tell that lazy bastard to get off his ASS and earn his keep or I'll, nnggghgh, fucking FIRE him and stick a TOILET plunger in his ah, um sorry. You were saying ? What has happened to my -" "Your Sense of Humor, Stain... ? Dead. I'm sorry. He wasn't all that healthy to begin with and then he had a heart attack right around the time you started making jokes how Amadou Diallo deserved to be killed, and that sort of stuff. Your sense of humor slipped into a coma and never regained consciousness. We all tried helping with CPR, Heimlich, electroshock, the whole enchilada, but the internal bleeding was just too much. He died young, of a broken heart." "Probably a BLEEDING HEART Liberal, heheh. Geddit ?" "Uh, yeah, Stain, goddit. Anyway, that's sort of what I came to talk with you about. I feel it's my fault for not keeping in touch more regularly but as I said I had so much work. I'd never been particularly strong even when you were a kid. All us Senses of yours seemed to get sick at once after you reported your own parents to the FBI" "My ADOPTIVE parents... for them I was NOTHING but an experiment in social engineering, cunningly disguised as LOVE. But I saw through THEM before they were able to inoculate me with their subversive altruism. The FBI was my ONLY hope of gaining freedom from people so deluded, they almost brainwashed me into believing in the existence of things in life even more, uh important than MONEY. Not just ONE thing, thingS plural ! Me, a kid, being SPOONfed this... this, LIBERALISM. I'm glad they were taken AWAY. What kind of handicapped person might I have become if LEFT uh exposed to THEIR lefty goo-goo hedonist artsy-fartsy touchy-feely LOVE agenda ? I even SAW one of them completely NUDE once, when I was just 4 years old. It was so depraved, it's taken the rest of my LIFE so far to recover from the SHOCK ---" "Stain..." "I have DEDicated myself to overCOMING decadence and hedonism wherEVER it REARs its ugly HEAD, I -" "Stain - get real, willya ? I'm your goddam Conscience, what's lefta me after years of bipolar destruction and neglect you've done to us both. Just... stop. Stop kidding yourself or me about these wads of used Kleenex and splotches on the sofa you've been lying on watching that gay porno video for hours and hours ... let's just get this out in the open once and for all, Stain. You spend all these hours on the internet trolling for guys who are gay for a reason. You know what that reason is" "No I-" "No point lying to me, Stain. I'm your Conscience and I know the score about you in more ways than you've ever thought possible. Number one: you're gay. Number two: you're a shitty, fucked up fascist scumbag for a reason." "I, uh -" "Which is two reasons actually, that you are very lonely and emotionally fragile since early adolescence when the weird-looking scoutmaster with the yellow teeth and the smell of bowel incontinence clinging to him like glue - what was his name, "Jafo" ? Yeah, that guy. After he took you hiking in the woods and you both got lost that day for a couple of hours... you came back changed. And we both know why, Stain, don't we ? You got raped by a Log-Cabin Republican chickenhawk creep is reason number one. Secondly, because you blame *yourself* instead of him, the guilty party. Just like millions of Americans" "Who STAND FIRM bEhiND THEir COMManderInchiEf - BUSH RULEs" "well the stupider ones, anyway. Who blame themselves for tons of things gone wrong in this country, when the blame should go to the guilty party in charge and his squad of deputies. It makes people more lonely - just like you're lonely, Stain - because it's a lot of blame to carry for an overweight, undereducated slug like you. It makes you angry too, 'cause you realize you can't and shouldn't have to handle all that blame. Plus you're subconsciously aware that something is not right about you making any excuses for the ungrateful guilty parties of Corporate America" "Jafo said subMISSION in the END would make me FREE..." "Literally, Stain. That Republican bastard's lubricious platitude equates his freedom to penetrate you 'in the end' with your craven submission to Enron, Wal-Mart and coterie of fascists by whom you so desperately wish to be liked, or at least to be found useful and compliant" "That's a bit HARSH, I th--" "Like so many lonely neurotics isolated from one another, you're too afraid of being found *wrong* about anything. That's why you assimilate the agenda of your oppressors" "I don't expect them to oppress ME ..." "while venomously attacking the nation's poor and homeless. But it's clear that the US ruling class shares (if almost nothing else) with the general public their opinion of you Stain, as a bloated, servile, uncultured fatboy **** with homosexual tendencies but absolutely no polite upbringing" "Are you DONE ?" "No, Stain. Here's the bottom line. If you don't stop sucking up to the fascist criminal elite at once, your remaining senses are going to take leave of you. That's not an idle threat. We are normal well-adjusted Senses but you've made it impossible for us to operate properly in your shapeless body. So, one more suck-up to Enron and we're gone, leaving you here for all to ridicule as a numb slack-jawed brainless fat nincompoop. I promise" "I, uh hmm... supPOSE..." "Plus, one other thing -" "No, NOT admitting I'm gay. No. No WAY. That HAS to be kept SECRET between us until I'm GOOD and ready" "Stain, everybody knows. What the ****, OK, never mind publicly admitting you're gay. It would be redundant anyway. Just fucking stop making excuses for Enron." "Done. Wanna watch some more video ?" And so it goes. Yes, it's official. Stain's a changed man, one who shall no longer orally suck the scurvy lint off of Enron's testicles. His Conscience has decided. .. .. .. |
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[17] Posted by Stan de SD 07-07-2003, 02:23 PM |
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"hc23hc" <hc23hc@art.line> wrote in message news:3F09B7DD.5E4785B0@art.line... > Stain de STD wrote: > > > > "hc23hc" <hc23hc@art.line> wrote > > > It's exactly what Stain was saying, but almost certainly not > > > what he thought he was saying. Unless maybe, after a marathon > > > weekend of lurid, disoriented trolling of usenet (hopped up on > > > copious quantities of formaldehyde-spiked canned beer he found > > > on sale at a nearby K-Mart) Stain was suddenly struck by the > > > mother of all epiphanies... along lines similar to these : > > > > since she's only comfortable discussing issues among her peers... > > You forgot something, Stain - > > (hc's excerpt from her latest work "The Shopping Cart Monologues" snipped for brevity...) We already know you're a frothing old nutbag... regurgitating your writings tells us nothing new. |
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[18] Posted by toto 07-07-2003, 05:21 PM |
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On Mon, 07 Jul 2003 17:44:28 GMT, "Stan de SD"
<standesd@earthlink.net> wrote: > >"toto" <scarecrow@wicked.witch> wrote in message >news:03khgv0ub20evolfc80sbdqfgc3d0jjcn1@4ax.com.. . >> On Mon, 07 Jul 2003 00:47:27 GMT, "Stan de SD" >> <standesd@earthlink.net> wrote: >> >> >Sorry, but the Enron pressuring in India started in the early 1990's, >during >> >Clinton's FIRST term - ROTFLMAO!!! >> >> So what?. Bush continued the bailouts of Enron. > >What bailouts? Have any dollar amounts, or cites? Or is this another >toto-ism? > > Bailouts may be the wrong term. It's the fact that he is helping to keep the crooks out of jail that disturbs me. Begin restore (note - I took out the x-no-archive so you can't complain that it isn't on google) These facts elude your attention, Stan? Did you delete them because you cannot read and answer them? During the 2000 presidential campaign, the Center for Public Integrity named Enron as the single largest patron of Bush’s entire political career. U.S. Trade Representative Robert Zoellick and White House economist Lawrence Lindsey were paid Enron advisers before Bush appointed them to his administration. Bush tapped Enron lobbyist and former Montana Governor Marc Racicot to head the national Republican Party in late 2000. Bush named Ken Lay to his Energy Department transition team and resisted calls for price controls when Enron and other power companies were accused of price gouging to exploit the West Coast power crisis. As Enron’s crisis worsened through the first nine months of the Bush presidency, Ken Lay got Bush’s help in three principal ways: --Bush personally joined the fight against imposing caps on the soaring price of electricity in California at a time when Enron was artificially driving up the price of electricity by manipulating supply. Bush’s rear-guard action against price caps bought Enron and other energy traders extra time to gouge hundreds of millions of dollars from California’s consumers. --Bush granted Lay broad influence over the administration’s energy policies, including the choice of key regulators to oversee Enron’s businesses. The chairman of the Federal Energy Regulatory Commission was suddenly replaced in 2001 after he began to delve into Enron’s complex derivative-financing schemes. --Bush had his National Security Council staff organize an administration-wide campaign to pressure the Indian government to accommodate Enron, which wanted to sell its generating plant in Dabhol, India, for $2.3 billion. Bush administration pressure on India over the Dabhol plant continued even after Sept. 11, when India’s support was needed for the war on terrorism. The administration’s threats against India on Enron’s behalf didn’t stop until Nov. 8. >> >> During the late 1990s and early 2000s, Enron was a trading powerhouse. >> The firm, which had started as a US natural gas pipeline company, >> started trading energies, then launched into new markets, including >> metals, paper, water, weather and bandwidth. For a time, it seamed >> that everything Enron touched turned to gold. The firm attracted some >> of the best talent, first from the energy industry, and then from Wall >> Street. In 2001, the Enron empire collapsed. The firm's bankruptcy was >> the largest in US history, surpassed seven months later by WorldCom's >> bankruptcy. >> end restore Bush's relationship with Enron goes bact to the mid-1980s, btw. http://www.thenation.com/capitalgame...l?bid=3&pid=21 Did George W. Bush once have a financial relationship with Enron? In 1986, according to a publicly available record, the two drilled for oil together--at a time when Bush was a not-too-successful oil man in Texas and his oil venture was in dire need of help. Bush's business association with Enron, it seems, has not previously been reported. In 1986, Spectrum 7, a privately owned oil company chaired by Bush faced serious trouble. Two years earlier, Bush had merged his failing Bush Exploration Company (previously known as Arbusto--the Spanish word for shrub) with the profitable Spectrum 7, and he was named chief executive and director of the company. Bush was paid $75,000 a year and handed 1.1 million shares, according to "First Son," Bill Minutaglio's biography of Bush. Under this deal, Bush ended up owning about 15 percent of Spectrum 7. By the end of 1985, Spectrum's fortunes had reversed. With oil prices falling, the company was losing money and on the verge of collapse. To save the firm, Bush began negotiations to sell Spectrum 7 to Harken Energy, a large Dallas-based energy firm owned mostly by billionaire George Soros, Saudi businessman Abdullah Taha Baksh and the Harvard Management Corporation. The deal took months to work out. In September of 1986, Spectrum 7 and Harken announced they had reached an agreement. Spectrum 7 shareholders, under the plan, would receive Harken stock. Bush publicly said that Spectrum 7 would continue to operate in Midland, Texas, as a wholly-owned subsidiary of Harken and that he would become an active member of Harken's board of directors. As Minutaglio noted, the deal would give Bush about $600,000 in Harken shares and $50,000 to $120,000 a year in consultant's fees. It also would provide $2.25 million in Harken stock for a company with a net value close to $1.8 million. As the details of the Spectrum-Harken acquisition--which Bush badly needed--were being finalized, Enron Oil and Gas Company, a subsidiary of Enron Corporation, announced on October 16, 1986, that it had completed a well producing both oil and natural gas in Martin County, Texas. An Enron Oil and Gas press release reported the well was producing 24,000 cubic feet of natural gas and 411 barrels of oil per day in the Belspec Fusselman Field, 15 miles northeast of Midland. Enron held 52 percent interest in the well. According to the company's announcement, 10 percent belonged to Spectrum 7. At that point, Spectrum 7 was still Bush's company. Harken's completion of the Spectrum 7 acquisition was announced in early November. To spell it out: George W. Bush and Enron Oil and Gas were in business together in 1986--when Ken Lay was head of Enron. (Lay was named Enron chairman in February of that year.) How did this deal come about? Was this the only project in which Bush and Enron were partners? A call placed to the White House produced no response. Karen Denne, an Enron spokeswoman, says "I can't tell you anything about" that project, explaining Enron "sold all its domestic exploration and production assets about two years ago to EOG Reources" and probably did not retain records regarding that well. As for the possibility Spectrum 7 invested in other Enron ventures, she notes, "You're referencing something that happened in 1986. I can check, but we're pretty short-staffed now." Elizabeth Ivers, a spokeswoman for EOG Resources (formerly Enron Oil and Gas), says, "If we did have any records on that well, it would be nothing that we would share with the public. We do not disclose the details or specifics of who we have well interests with." After the Enron affair began generating front-page headlines, Bush attempted to distance himself from Enron and Lay. In early January, the President claimed he and Lay had not always been close pals. "He was a supporter of [Texas Governor] Ann Richards in my run [against her] in 1994," Bush asserted, noting he did not get "to know Ken" and work with him until after he won that election. But campaign records show Lay donated three times as much money to Bush in that race as he did to Richards. Moreover, contacts between Lay and the Bush family pre-dated that campaign. In 1992, Lay chaired the host committee for the 1992 Republican convention in Houston, where Bush's father won his second presidential nomination. And Lay was a sleepover guest at the White House of President George H.W. Bush. The Enron-George W. Bush connection goes back further than the President has suggested. But does that mean the relationship between the younger Bush and Lay stretches to the mid-1980s? The deal could have happened without contact between Lay and Bush. But most company heads would be interested to know that the son of the sitting vice-president had invested in one of their enterprises. If Lay had been aware of the partnership, that would not prove the two were pals or that Bush and Spectrum 7 had received undue consideration from Enron. But given Enron's penchant to use political ties to win and protect business opportunities, it is tough not to wonder if this Bush-Enron venture involved special arrangements. This is certainly one more Enron partnership that deserves scrutiny--especially since George W. Bush has yet to acknowledge it. The Spectrum-Enron deal is either an odd historical coincidence or an indication there's more to learn about the Bush-Enron association. NOW FOR AN UPDATE ON THE BUSH-ENRON OIL DEAL: On March 6, two days after this story was first posted, "The New York Times" ran on the front page of its business section a story headlined, "Bush Joined Unit of Enron In '86 Venture To Seek Oil." The article, written by Jim Yardley, essentially reported the facts noted above. Halfway into the piece, it noted, "A columnist in The Nation, the liberal political journal,...wrote about the deal this week in its online edition." While the Bush White House did not respond to a request from "The Nation" for information, White House spokesman Dan Bartlett told the "Times" the President "has no recollection of this specific deal." Bartlett maintained that in 1986 Spectrum 7 was involved in more than 175 wells. Ted Collins Jr., who was president of Enron Oil and Gas at the time, told the newspaper that Bush did not have "a special relationship" with the company. Collins also asserted that Lay back then "wouldn't have known who Spectrum 7 was and that George W. Bush had anything to do with a company called Spectrum 7." Since the story was originally posted, I have found records suggesting that Bush's Spectrum 7 had a second partnership with Enron. In May of 1985, a subsidiary of InterNorth, an Omaha-based energy company, announced the completion of a well in Martin County, Texas. According to "PR Newswire," the company said that Spectrum 7 owned an 18.75 percent interest in the well. (The rest was held by the InterNorth subsidiary.) The well, like the one mentioned above, was located at the Belspec Fusselman Field. That same month, InterNorth merged with Houston Natural Gas (HNG)--which gave birth to Enron. HNG/InterNorth changed its name to Enron in 1986, and the InterNorth subsidiary that had invested in the well with Spectrum 7 became part of Enron Oil and Gas. If Spectrum 7 and Enron Oil and Gas had retained their interests in the well, that would mean that Bush's oil company was in partnership with Enron before the deal reported above. Since Bush, according to his spokesperson, does not have a memory for such details and EOG Resources says it will not release any information about wells it has owned, it will be tough to confirm that the InterNorth-Spectrum 7 venture became an Enron-Spectrum 7 enterprise. On another, more important, Enron-Bush point: Way back in 1994, I reported that Rodolfo Terragno, a former Argentine cabinet minister, had claimed that when he headed the Public Works and Services Department in 1988, George W. Bush, whom Terragno did not know, called him and pressured Terragno to award a pipeline contract worth hundreds of millions of dollars to Enron. (See http://www.thenation.com/doc.mhtml?i=20020204&s=corn.) Terragno, who said he resisted this and subsequent importuning, could not provide proof that the call had occurred. (How can you prove you were phoned by the son of the Vice-President?) Bush's aides denied Terragno's account. But it's worth taking a second look at those denials. At the time I was pursuing the Terragno story, Bush was running for Texas governor, and I asked the campaign whether Bush had spoken to Terragno about the pipeline project and whether he had any business relationship with Enron. Bush aide Karen Hughes faxed me a terse statement: "The answer to your questions are no and none. Your questions are apparently addressed to the wrong person." An Enron spokesperson said, "Enron has not had any business dealings with George W. Bush, and we don't have any knowledge that he was involved in a pipeline project in Argentina." The recent news about the 1986 Enron-Bush venture in the Belspec Fusselman Field undermines (to be polite about it) those 1994 statements from Bush and Enron denying any business relationship between the scion and the company. The existence of this oil partnership in 1986 (or one in 1985) has no bearing on the veracity of Terragno's tale. But it shows the credibility of the Bush gang and that of Enron deserve questioning when either one is talking about the other. -- Dorothy There is no sound, no cry in all the world that can be heard unless someone listens .. Outer Limits |
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[19] Posted by toto 07-07-2003, 05:52 PM |
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On Mon, 07 Jul 2003 17:45:41 GMT, "Stan de SD"
<standesd@earthlink.net> wrote: >Enron's bankrupt - hardly a sign of being fantastically successful. That does not preclude the successes they did have and would have continued to have had they not been caught at their game. And in fact had they not decided to cheat, they *might* easily have still been successful in their original mission. During the late 1990s and early 2000s, Enron was a trading powerhouse. The firm, which had started as a US natural gas pipeline company, started trading energies, then launched into new markets, including metals, paper, water, weather and bandwidth. For a time, it seamed that everything Enron touched turned to gold. The firm attracted some of the best talent, first from the energy industry, and then from Wall Street. In 2001, the Enron empire collapsed. The firm's bankruptcy was the largest in US history, surpassed seven months later by WorldCom's bankruptcy. -- Dorothy There is no sound, no cry in all the world that can be heard unless someone listens .. Outer Limits |
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[20] Posted by Roger 07-07-2003, 09:12 PM |
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"Stan de SD" <standesd@earthlink.net> wrote in message
news:9liOa.87556$Io.7655066@newsread2.prod.itd.ear thlink.net... > > "Roger" <rogerfx@hotmail.com> wrote in message > news:0I3Oa.1023$hW4.80431308@newssvr21.news.prodig y.com... > > "Stan de SD" <standesd@earthlink.net> wrote in message > > news:hRZNa.84077$Io.7557034@newsread2.prod.itd.ear thlink.net... > > > > > > "Roger" <rogerfx@hotmail.com> wrote in message > > > news:N4zNa.246$tr1.28711127@newssvr14.news.prodigy .com... > > > > Was Enron one of your "highly successful operations that cater to the > > > TASTES > > > > and PREFERENCES of working-class America"? > > > > > > No. First of all, it wasn't successful, and secondly, it was an example > of > > > the negligence of the SEC under Clinton's watch. > > > > They were fantastically successfull. They made tons and tons of money > until > > they got caught. > > Enron's bankrupt - hardly a sign of being fantastically successful. "They were" means that they "were" in the past, not the present. They "were" fantastically successfull until their sham "was" discovered. > > > Are you saying that corporations are not responsible for their own > actions? > > No. How do you come to that conclusion? You said that Enron was "an example of the negligence of the SEC under Clinton's watch." That leads me to believe that you think it was the SEC that was responsible for what Enron did, not Enron. |
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