Tiassa
06-14-04, 10:10 PM
So ... the phrase has been put into play:
Beneath a sky gray with foreboding, Bellingham Mayor Mark Asmundson pointed out a window at industries along his city's working waterfront facing temporary, partial or permanent shutdown.
"What is happening now, we will still be feeling years from now," he told the Cascadia Mayors Conference as it met in the midst of the 2001 energy crisis. Asmundson wondered if the electricity shortage and soaring power prices had been "artificially created."
How right he was. The smoking gun just took three years to uncover.
It came in obscenity-spattered conversations taped in 2000-2001 as Enron traders manipulated West Coast energy markets.
The Snohomish County Public Utility District -- in a singular act of public service -- transcribed and released the recorded record of corporate greed last week.
Source: Seattle Post-Intelligencer (http://seattlepi.nwsource.com/connelly/176931_joel09.html)
And it's just not pretty.
Price caps, imposed in the Clinton administration's waning days, were the bane of Enron traders.
"So the rumor's true?" one trader asks. "They're (obscenity) takin' all the money back from you guys? All the money you guys stole from those poor grandmothers in California?"
"Yeah, Grandma Millie, man," answers another. "But she's the one who couldn't figure out how to (obscenity) vote on the butterfly ballot."
The dark face of energy deregulation continued to display itself.
"Yeah," jokes the first trader. "Now she wants her (obscenity) money back for all the power you've charged right up her (obscenity) for (obscenity) $350 a megawatt hour."
Source: Seattle Post-Intelligencer (http://seattlepi.nwsource.com/connelly/176931_joel09.html)
Aaah ... capitalism. The sad thing is that this comes up in part because Enron is suing the PUD's for breaking contract.
I wonder if Cheney has anything to say on the issue.
____________________
• Connelly, Joel. "Enron's real obscenity is continuing cost of 'crisis'." Seattle Post-Intelligencer, June 9, 2004. See http://seattlepi.nwsource.com/connelly/176931_joel09.html
See Also -
• Snohomish County Public Utilities District. "Enron Transcripts." See http://www.snopud.com/?page=653
Beneath a sky gray with foreboding, Bellingham Mayor Mark Asmundson pointed out a window at industries along his city's working waterfront facing temporary, partial or permanent shutdown.
"What is happening now, we will still be feeling years from now," he told the Cascadia Mayors Conference as it met in the midst of the 2001 energy crisis. Asmundson wondered if the electricity shortage and soaring power prices had been "artificially created."
How right he was. The smoking gun just took three years to uncover.
It came in obscenity-spattered conversations taped in 2000-2001 as Enron traders manipulated West Coast energy markets.
The Snohomish County Public Utility District -- in a singular act of public service -- transcribed and released the recorded record of corporate greed last week.
Source: Seattle Post-Intelligencer (http://seattlepi.nwsource.com/connelly/176931_joel09.html)
And it's just not pretty.
Price caps, imposed in the Clinton administration's waning days, were the bane of Enron traders.
"So the rumor's true?" one trader asks. "They're (obscenity) takin' all the money back from you guys? All the money you guys stole from those poor grandmothers in California?"
"Yeah, Grandma Millie, man," answers another. "But she's the one who couldn't figure out how to (obscenity) vote on the butterfly ballot."
The dark face of energy deregulation continued to display itself.
"Yeah," jokes the first trader. "Now she wants her (obscenity) money back for all the power you've charged right up her (obscenity) for (obscenity) $350 a megawatt hour."
Source: Seattle Post-Intelligencer (http://seattlepi.nwsource.com/connelly/176931_joel09.html)
Aaah ... capitalism. The sad thing is that this comes up in part because Enron is suing the PUD's for breaking contract.
I wonder if Cheney has anything to say on the issue.
____________________
• Connelly, Joel. "Enron's real obscenity is continuing cost of 'crisis'." Seattle Post-Intelligencer, June 9, 2004. See http://seattlepi.nwsource.com/connelly/176931_joel09.html
See Also -
• Snohomish County Public Utilities District. "Enron Transcripts." See http://www.snopud.com/?page=653