Monday, May 29, 2006

BUSH LIED WHEN HE SAID HE DID NOT TRY TO SAVE ENRON AND KENNY BOY

BUSH WAS SO BUSY TRYING TO SAVE KENNY BOY'S HIDE THAT HE IGNORED WARNINGS FROM AL-QAEDA PRE-9/11.

Bush lied when he told the American people that he did not bail out his great buddy from Texas, Kenny Boy, when Enron crashed and burned. This is a lie. Dubya was helping his great pal all along. So was our V.P. Cheney and then National Security Advisor, Condi Rice. Indeed, when Condi's office received warnings of the impending 9/11 horror, they went unnoticed because our National Security Advisor was fixated on the Bush/Cheney imperative to save Kenny's pet plant project in India. And, while Bush/Cheney/Rice were consumed with saving Kenny Boy's Enron projects, folks in California were being royally ripped with electricity blackouts and costs. Ken sent this mind-blowing piece on Friday night, written by Mr. Robert Parry for Consortium News.com. Because of copyright laws I cannot post the entire piece. If it can no longer be found by the link below, try TRUTHOUT.ORG

Excerpt:

Throughout summer 2001, while intelligence warnings about an expected al-Qaeda terror attack went unheeded, the NSC staff met frequently to coordinate U.S. pressure on India over Enron's plant, drawing in the State Department, the Treasury Department, the Office of U.S. Trade Representative and the Overseas Private Investment Corp., which had committed $360 million in risk insurance to the Dabhol project.

While the NSC held no follow-up meetings on the Aug. 6, 2001, intelligence warning entitled “Bin Laden Determined To Strike in U.S.,” national security adviser Condoleezza Rice organized and led the “Dabhol Working Group.”

The working group sought to broker meetings between Lay and senior Indian officials, including Brajesh Mishra, the national security adviser to Indian Prime Minister Atal Bihari Vajpayee. During a trip to India, a senior State Department official delivered a “demarche” or official warning to the Indian government, but New Delhi still resisted the U.S. pressure.

Also in the summer of 2001, Enron was consolidating its influence at FERC.

"BUSH'S LIES ON ENRON" BY ROBERT PARRY

SLEEPING WITH THE DEVIL. HOW THE GOP CONGRESS IS MARRIED TO THE DARK SIDE OF CAPITALISM AND TO ITS CORPORATE GREED MONGERING ETHOS.

Below is an astonishing and thought-provoking article written by Mr. William Greider of The Nation, courtesy of Truthout.org. He writes about the rise and fall of the "Enron boys." Mr. Greider links Lay's and Skilling's greed and corruption to an enabling and tacitly complicit Congress. LS

Excerpts:

These two thugs looted pension funds and destroyed the personal savings of families. They stole money from the rest of us, not to mention from government and other non-glamorous business enterprises. They rigged energy markets to drive up prices and bilk defenseless consumers (an old-fashioned swindle borrowed from nineteenth-century robber barons and newly decriminalized by deregulation). They swallowed viable, productive companies and wrecked them, especially wrecking the livelihoods of their employees. And, worst of all, they were best pals with politicians and political leaders as well as the most prestigious names in banking and finance - connections the Mafia would die for! (Remember, Bush/Cheney/Rice were hard at work to save Enron while Al-Qaeda prepared to attack us. LS)

Sorry, am I shouting? My exuberance over this verdict is a mixture of joyous fulfillment and lingering doubts about the impact. Since the meltdown of the stock market in 2001 and the avalanche of scandalous revelations that followed from hundreds of corporations, I have thought the political system and the financial system and even the public at large did not sufficiently get the message. The pervasive rot in American capitalism is much deeper than acknowledged. The various forms of fraud by which millions of people are separated from their money continue in practice, often blessed by law itself. (“Law” of course is Bush/Cheney and the GOP Congress, with a few Dems thrown in with the rest of the mix of evil doing greed mongers. LS)

MR. WILLIAM GREIDER: "RISE AND FALL OF THE ENRON BOYS"

BUSH AND CORPORATE AMERICA TRICK US WITH FAKE NEWS, ALSO KNOWN AS PROPAGANDA

I thought propaganda was illegal. Apparently not, under Bush. LS

Found where else but in a foreign new source: The UK's Independent News Online.com.

Excerpts:

Investigators from the Federal Communications Commission (FCC) are seeking information about stations across the country after a report produced by a campaign group detailed the extraordinary extent of the use of such items.

The report, by the non-profit group Centre for Media and Democracy, found that over a 10-month period at least 77 television stations were making use of the faux news broadcasts, known as Video News Releases (VNRs). Not one told viewers who had produced the items.

INDEPENDENT NEWS.COM ON FAKE NEWS IN THE US

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