I am mailing you today because I was listening to your
broadcast on the fall of Enron.
Just for information so you don't think that I am un-informed
I work and make a living in the patch (oil field). I work in a small
service company that provides a service to the oil company's, such as
Enron (EOG Resources). You were telling your listeners that the press
was saying that the President may be involved with the Enron energy
crowd. I think that the people should understand that there are many
faucet, to the oil business and that the PRESS is not as educated as
the general public would like to think on this subject and as usual
has caused more misunderstanding and misinformation to be published
first. Enron as an example has many divisions as a company. There is
the Enron Corp. that is having all the problems at this time. It is
a former affiliate of EOG Resources which was the oil & and gas
part of Enron but as of August 1999 they split and the oil and gas part
is a separate business and is doing quite well if you listen to the
stock reports.
Therefore as the President being a former oil &
gas man himself I would tend to believe that the part he may associate
with would be the EOG Resources don't you think?
thank you
* * *
Rush:
How about having your researchers go back to the Clinton years and check
on how much money Enron gave that bunch. They could also check and see
who the promoters of the "Carbon Tax" on electric rate payers.
This was a ploy by natural gas developers (Enron being one of the top
promoters) to force more costs on the electricity being produced by
coal, the cheapest, and becoming one of the cleanest resources for newer
electric generation plants. The Clinton administration was acutally,
and seriously contemplating such a tax on the American electric consumers
to force more natural gas into the electric generation market, which
would have almost doubled the cost of electric power from coal generation
plants. It would be interesting to see, over the term that such a ploy
was planned, just how much money Enron paid to the Democrate politicians,
from Clinton on down through the Congressmen and Senators that supported
such a liberal ploy.
RWB
* * *
Subject: Re: [B2K] Re: [H&C] Hope everyone's ....
The real problem is that Sen LIEberman's largest contributor
the last few years is Citigroup who is now holding $3 billion worth
of unsecured credit from Enron. Former Secretary of the Treasury Rubin
who called the Bush Treasury Department on behalf of Enron is on the
Board of Directors of Citigroup.
Would believe that Lieberman should recuse himself as
having a huge conflict of interest. BTW, he received money from Enron
also. Daschle also received money from both Enron and Citigroup!
DemocRATS may not like what they wish for -- a full
scale investigation!
Sharon
* * *
Enron Donations
Following is a partial list of Senate and House members
who received company and individual contributions from Enron and may
be committees that will investigate Enron.
Some members are duplicated if they are on more than one committee.
Some of them returned these contributions when they became concerned
that this list would become public.
If your Senators or Representatives are listed, I would encourage you
to write them and suggest that they recuse themselves.
House Financial Services Committee
Ken Bentsen, D-Texas, $42,750
Gary L. Ackerman, D-N.Y., $3,500
Max Sandlin, D-Texas, $3,000
Darlene Hooley, D-Ore., $1,950
Charlie Gonzalez, D-Texas, $500
Paul E. Kanjorski, D-Pa., $500
Brad Sherman, D-Calif., $500
Senate Commerce Committee - John B. Breaux, D-La., $11,100 / Ron Wyden,
D-Ore., $4,000
Byron L. Dorgan, D-N.D., $3,500 / Ernest F. Hollings, D-S.C., $3,500
/ John D. Rockefeller IV, D-W.Va., $2,000 / Jean Carnahan, D-Mo., $1,000
/ Bill Nelson, D-Fla., $1,000
House Energy Committee - John D. Dingell, D-Mich., $9,000 / Edward J.
Markey, D-Mass., $8,500
Ralph M. Hall, D-Texas, $6,900 / Rick Boucher, D-Va., $5,332 / Gene
Green, D-Texas, $4,750
Frank Pallone Jr., D-N.J., $3,500 / Sherrod Brown, D-Ohio, $2,000 /
Peter Deutsch, D-Fla., $2,000
Chris John, D-La., $2,000 / William P. Luther, D-Minn., $1,503 / Bart
Gordon, D-Tenn., $1,500
Bobby L. Rush, D-Ill., $1,000 / Jane Harman, D-Calif., $500 / Karen
McCarthy, D-Mo., $500
Tom Sawyer, D-Ohio, $500 / Ted Strickland, D-Ohio, $500 / Edolphus Towns,
D-N.Y., $500
Albert R. Wynn, D-Md., $125
Senate Governmental Affairs Committee - Joseph I. Lieberman, D-Conn.,
$2,000
Jean Carnahan, D-Mo., $1,000 / Robert G. Torricelli, D-N.J., $1,000
Senate Energy Committee - Charles E. Schumer, D-N.Y., $21,933 / Jeff
Bingaman, D-N.M.,$14,124
Bob Graham, D-Fla., $8,000 / Ron Wyden, D-Ore., $4,000 / Byron L. Dorgan,
D-N.D., $3,500
Mary L. Landrieu, D-La., $2,500 / Evan Bayh, D-Ind., $2,000 / Tim Johnson,
D-S.D., $1,756
Senate Banking Committee - Charles E. Schumer, D-N.Y., $21,933 / Christopher
J. Dodd, D-Conn.,$2,000 / Evan Bayh, D-Ind., $2,000 / Tim Johnson, D-S.D.,
$1,756/ Jon S. Corzine, D-N.J., $1,250 / Zell Miller, D-Ga., $1,000
/ Debbie Stabenow, D-Mich., $1,000
Senate Finance Committee - Jeff Bingaman, D-N.M., $14,124 / John Breaux,
D-La., $11,100
Bob Graham, D-Fla., $8,000 / Tom Daschle, D-S.D, $6,000 / Kent Conrad,
D-N.D., $5,650
James M. Jeffords, I-Vt., $2,500 / Max Baucus, D-Mont., $2,250 / John
D. Rockefeller IV, D-W.Va., $2,000 / Robert G. Torricelli, D-N.J., $1,000
* * *
RATS Exposed!
Terry McAuliffe, DNC Chairman, and Marc Racicot, RNC
Chairman, on Meet The Press this morning.Tim Russert asks Terry: "Will
you return to the Enron employees the millions of $ that the DNC received
from Enron?"
McAuliffe: "Well, we've received no Enron moneys
since I've been in charge."
Russert asks the same question again: McAuliffe answers
the same way.
Translation: McAuliffe will NOT return millions of $
the Democratic National Committee received from Enron while continuing
to press the Bush Administration to return theirs. All the while implying
something is improper with the Enron/Bush relationship.
Mona Losh
* * *
New USA Today, CNN and Gallup Poll.
Americans believe that Enron Corp. has influenced congressional
Democrats but not President Bush.
This gem comes from a new poll from three liberal organizations:
USA Today, CNN and Gallup. The survey found: A small minority, 29 percent,
believe that Bush felt he would owe Enron executives special policy
treatment in return for campaign contributions; 59 percent said he would
not.
A majority, 55 percent, believe that congressional Democrats
felt they would owe Enron execs special policy treatment in return for
campaign contributions; 33 percent said they would not.
Sixteen percent think congressional Democrats did something
illegal with Enron; 15 percent thought that of the president. Sixty-five
percent think Enron execs did something illegal. "The president's
high popularity stemming from the war is giving him a high degree of
trust with the American people," Mark Rozell, a Catholic University
of America political scientist, told USA Today.
'Congress on the Take'
"They feel he is working in the public interest,
and they still view Congress as an institution on the take."
As the president told reporters today: "This is
not a political issue. This is a business issue that this nation must
deal with.
"Enron made contributions to a lot of people around
Washington, D.C. If they came to this administration looking for help,
they didn't find any."
The survey also found that 84 percent approve of Bush's
overall job performance, 64 percent approve of his handling of the economy
and 89 percent approve of the U.S. military action in Afghanistan.
The Jan. 25-27 poll of 1,011 adults (polls of registered
voters result in less support for Democrats) has an error margin of
+/-3 percentage points, +/-4 and +/-5 points on Enron questions.
* * *
Enron was a publicly held company. Share holders would
gladly share in the benefits of continued profit making so they must
share in the collapse. The company was mismanaged and fraudulently represented,somebody
goes to jail and the employees and shareholders are simply out of luck.
Tom Tucson
* * *
Enron
If the government warned stockholders of pending Enron
collapse, as Democrats are saying should have been done, any who used
this information to sell stock would have been guilty of "Insider
Trading". Are democrats suggesting that the government should have
assisted the Enron stockholders in breaking the law?
Orville
* * *
SCANDAL IN THE WHITE HOUSE ENRON ISSUE
I Think all American voters should be made aware of
some of these "behind the scenes" facts. Most certainly there
is a political dimension here.Enron's Chairman did meet with the President
and the Vice President in the Oval Office.Enron gave $420,000 to the
president's party over three years. It donated $100,000 to the president's
inauguration festivities. The Enron chairman stayed at the White House
11 times.The corporation had access to the administration at its highest
levels and even enlisted the Commerce and State Departments to grease
deals for it.The taxpayer-supported Export-Import Bank subsidized Enron
for morethan$600million in just one transaction.
BUT... the President under whom all this happened wasn't
George W.Bush... It was Bill Clinton......
* * *
I recently read an article about the spate of corporate
and accounting wrongdoings. This columnist suggested a unique and, I
believe, effective way to deal with these problems. He suggested that
the US Government require all corporations buy insurance to cover financial
misdeeds by officers...similiar to officers and directors insurance
but call it a fiduciary insurance. The insurance companies would then
require audits each year by AUDITORS CHOSEN BY THE INSURANCE COMPANIES.
Businesses and corporations could always hire accounting firms for consulting
work but would have no options when it came time for the annual audit.
I felt this a common sense approach which would leave the government
out of the picture once the law were enacted.
An Iowa Listener
