OT - Bush's buddy is going to jail

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Well, IF lay is a personal buddy as you say he is then don't you suppose that Bush will pardon him in a couple years like clinton pardoned his old drinking buddy.

Reply to
The always Benevolent dbu.

Art announces:

In a Toyota?

Geoff

Reply to
Geoff Miller

It's a lie that this is a *Bush* or a *Republican* thing. Not even the MSM is going there. I mean its' been known for YEARS that Enron had dealings with and contributed to BOTH parties. In the early stages of the scandal, Joe Lieberman headed an investigation but quickly discovered Democrat ties. That investigation was never heard from again. Seems as though Clinton was a golfing buddy of Lays'. Seems as though they vacationed together in Colorado. Clintons' close friend Mac Mclarty had been friends with Lay since Mclarty was head of Arkansas' largest natural-gas utility. Lay advised Clinton on energy issues.In 96' Clinton helped Enron get a $3 billion dollar power plant project in India. In return Enron contributed $100,000 to the Democrats. The Clinton administration agreed to finance 19 of 20 Enron projects from

93' to 2000' to build power plants,natural-gas pipelines and energy facilities around the World. Enron recieved around 1.2 billion dollars in subsidized Government loans during Clintons' years, while Enron was contributing nearly $2 million to the Democrats. According to the Center for Responsive Politics 751 Congressional Democrats and 29 Senate Democrats recieved Enron contributions. There's more, more, more. On the other hand, although Republicans received a lot of money from Enron, Bush did not always go along with Lays' wishes. For example Bush declined the KYOTA Treaty which Enron was for because they could make money trading pollution credits. Bush went against Enron over caps on wholesale power prices in California. Enrons' stocks plummeted after this. Enron came to Bush for help and he refused. It was the Bush judiciary who put Ken Lay away. The Corporate Fraud Task Force which Bush created has charged around 700 defendents with fraud so far (7-12-04) according to Forbes magazine. Art, Why don't you update us on William Jefferson, Torrecelli, Mollohan, Schumer,Mary McCarthy, etc.?

-hbuck

Reply to
hbuck

I do remember all this now. Isn't it funny how people like Art have such a narrow point of view and can't look at the big picture. If they would get their information from places other than MoveOn.org, CNN, CBS, and places that have been proven to be liars they would begin to think like adults.

Reply to
badgolferman

Now cut that out, you can NOT bring facts into this NG that disprove what the kooks on the far left want to believe about the President. LOL

mike hunt

Reply to
Mike Hunter

Who's saying that. I don't know of anybody that thinks Bush had anything to do with Enron's problem, but Bush and the Republicans di have a cozy relationship with Lay.

The rest of your rantings sound like you get your news from Newsmax.

Reply to
ToMh

See I told you the kooks on the far left, like our friend ToMh, will continue to believe what they want to believe about the President regardless of the verifiable facts laid before them

mike hunt

Reply to
Mike Hunter

Please post a link to these "verifiable facts"

I'm not denying any influence that Enron had with Clinton, just saying I don't believe all these "facts" and that whatever influence Enron had with Democrats, it's had about 5 times as much with Republicans. Neither party is innocent when it comes to Enron, but the Republicans are certainly far less innocent.

Here are some facts.

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Enron's Campaign Contributions

  • From 1989 to 2002, Enron and its employees gave .95 million in individual, Political Action Committee (PAC) and soft money contributions to federal candidates and parties, 74 percent to Republicans and 26 percent to Democrats. (Source: Center for Responsive Politics)
  • Soft money accounted for 60% of total Enron contributions - and
70% from 1995 on. (Source: Center for Responsive Politics)
  • From 1991 to June 2001, Enron gave .94 million in soft money,
77% to Republican party committees and 23% to Democratic ones. (Source: Common Cause)
  • Enron also gave 0,000 in 2000 to Section 527 tax-exempt political groups that collect unlimited soft money contributions to try to influence elections, including 0,000 to committees established or controlled by House Republican leaders. (Sources: Internal Revenue Service and Public Citizen 527 database)
  • President George W. Bush has been an Enron favorite. Enron and its employees contributed 2,500 to Bush's 1994 and 1998 Texas gubernatorial campaigns. Another 3,800 was donated to the Bush 2000 presidential campaign. (Enron also gave ,500 to the Bush-Cheney Recount Fund and 0,000 to the Bush-Cheney 2001 Inaugural Fund.) [Source: Center for Responsive Politics].
  • Since 1989, 259 current members of Congress have received Enron campaign cash. This includes 188 Representatives (117 Republicans, 71 Democrats) and 71 Senators (41 Republicans, 29 Democrats).
  • Enron is the single largest contributor from the Energy/Natural Resources industry sector over that time period. (Source: Center for Responsive Politics).
  • Top current senators receiving Enron contributions since 1989: Kay Bailey Hutchison (R-Texas.), ,500; Phil Gramm (R-Texas.), ,350; Conrad Burns (R-Mont.), ,200; and Charles Schumer (D-N.Y.), ,933. (Source: Center for Responsive Politics).
  • Top current representatives receiving Enron contributions since
1989: Ken Bentsen (D-Texas), $42,750; Sheila Jackson Lee (D-Texas), $38,000; Joe Barton (R-Texas), $28,909; Tom DeLay (R-Texas), $28,900; and Martin Frost (D-Texas), $24,250. (Source: Center for Responsive Politics).

Enron's Special Political Access and Influence

  • Enron Chairman Kenneth Lay called two of the Bush administration's cabinet officers, the secretaries of Treasury and Commerce departments, seeking federal support, just before the company filed for bankruptcy. President Clinton's former Secretary of the Treasury, Robert Rubin, also called a high ranking Treasury official around this time to seek support for the company.
  • Enron officials had at least six meetings in 2001 with Vice President Dick Cheney and other administration officials who were drafting energy policy. The eventual administration recommendations, focusing on increasing energy supplies at the expense of the environment, were very favorable to Enron.
  • In winter 2001, Enron Chairman Kenneth Lay supplied President Bush's chief personnel adviser with two names, Pat Wood III and Nora Brownell, to fill two vacancies on the Federal Energy Regulatory Commission (FERC). Lay also offered then FERC chairman Curtis Hebert Jr., who disagreed with Enron on certain electricity deregulation issues, political support to retain his position if he changed his views. He did not and was forced out by the administration. Bush then appointed Wood as FERC chairman.
  • Enron supporter U.S. Rep. Tom Delay (R-Texas) successfully steered a bill based on the above-referenced White House energy program through the House in August 2001.
  • Representatives Larry Combest (R-Texas), Charles Stenholm (D-Texas) and Senator Phil Gramm (R-Texas) -- all top recipients of Enron contributions -- played major roles in final passage of the Enron-supported Commodities Futures Modernization Act of 2000. The legislation, previously approved by the House and President Bill Clinton, exempted energy derivative trading (Enron's main business) from government regulation.
  • High officials of both the Clinton and Bush administrations strongly supported Enron in its financial dispute with the Indian Government over a power plant venture. As it headed into bankruptcy last fall, Enron hoped that this support would bring it the financial oxygen of a .3 billion settlement.
Reply to
ToMh

Have rules changed from the nineties? It was ok in the clintoon regime and now it's not!! This does not speak well for our system and consistency of law. Lay and others will now pay their lives for this misconception? It seems they do have a basis for appeal. Should clintoon and others be dragged in as a witness in the upcoming appeal? I think that he/they should.

Reply to
The always Benevolent dbu.

How true. Libertarians have far more on the ball than so-called "conservatives."

Reply to
Built_Well

[snipped]

It just goes to show that Enron thought they could buy off the politicians so that they would look the other way. It seemed to have worked for all the others, but when President GWB was presented with the facts as to what they were doing he put principle before politics and did the right thing, prosecuting those bastards with the full force of the law.

Reply to
badgolferman

You speak for Art?

I don't know of anybody that thinks Bush had

Who's saying that?

but Bush and the Republicans di

As did Clinton and the Democrats

You would be wrong. I read anything and everything including left wing sites.

-hbuck

Reply to
hbuck

They're all scum, true.

Reply to
dizzy

Doesn't; look like five to one to me. Do you think it is illegal to contribute to political parties? To the contrary, is it ones Constitutional right to 'petition the government.'

The posters point was to dispute the 'Bush's buddy goes to jail' post by pointing out Enron and Global Crossing where added by the Clinton admission, but not by the Bush administration

mike hunt

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Reply to
Mike Hunter

OK 4 to 1

Do you think it is illegal to

No, but if you want to know what your elected officials really stand for, look who their top contributors are.

This is totally incoherent., and as usual you can't post any proof of your "verifiable facts"

Reply to
ToMh

No, but he didn't say Bush was responsible for the collaspe of Enron, just said he was Bush's buddie, which is a fact. Hell they even had sleep overs at the White House.

You did

Read my last post and see the facts.

But not this, Right?

Reply to
ToMh

People with no grasp of the issue should not embarrass themselves with gibberish posts. The Enron collapse had nothing to do with campaign contributions, Clinton or Bush, you dumbass. It was about greed and fraud.

Reply to
ToMh

Clinton + Chinese = Lincoln bedroom.

Reply to
badgolferman

Actually one reason Enron did as much damage as they did was that Clinton signed Republican passed legislation reducing corporate regulations and stockholder lawsuits. Clinton sucked as a Democrat but he was 10 times better than Bush. And now you can begin your ''suck" jokes.

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Reply to
Art

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