“It is useless to attempt to reason a man out of a thing he was never reasoned into”

Jonathan Swift
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"The Democrats have moved to the right, and the right has moved into a mental hospital." - Bill Maher
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"The city is crowded my friends are away and I'm on my own
It's too hot to handle so I gotta get up and go

It's a cruel ... cruel summer"

Thursday, June 03, 2004

Enron, Lies & Audiotape

The cause of the California Energy Crisis a few summers ago is becoming clearer by the minute. A public utility district in WA has transcribed conversations between Enron traders.



From the Tuscon Citizen:

In one transcript, a trader asked about "all the money you guys stole from those poor grandmothers of California."



An Enron trader responded: "Yeah, Grandma Millie, man. But she's the one who couldn't figure out how to (expletive) vote on the butterfly ballot."



"Yeah, now she wants her (expletive) money back for all the power you've charged right up - jammed right up her (expletive) for (expletive) $250 a megawatt hour," the first trader said.



In another, a trader said, "The magical word of the day is 'burn, baby, burn,' " in reference to a fire in California under a power line that caused a transmission outage, letting Enron take advantage of increased electricity demand.



This is sick — a bunch of Wall Streeters sitting around insulting old folks' intelligence while stealing their pensions through energy price-gouging. Those Blackouts dominated the headlines that summer, and let's hope that Californians settle the score with these corporate cheats...preferably in the form of indictments.



DustBowl Dem