Fraud Traced To The White House (CA Energy)

[Cush]

http://www.yuricareport.com/PoliticalAnalysis/FraudinWhiteHouse.htm

This story begins with the California energy crisis, which started in 2000 and continued through the early months of 2001, when electricity prices spiked to their highest levels. Prices went from $12 per megawatt hour in 1998 to $200 in December 2000 to $250 in January 2001, and at times a megawatt cost $1,000.

One event occurred earlier. On July 13, 1998, employees of one of the two power-marketing centers in California watched incredulously as the wholesale price of $1 a megawatt hour spiked to $9,999, stayed at that price for four hours, then dropped to a penny. Someone was testing the system to find the limits of market exploitation. This incident was the earliest indication that the people and the state could become victims of fraud. The Sacramento Bee broke the story three years later, on May 6, 2001.


snip

[blondeatlast]

1. Attention DUers! This story merits your attention.

Posted over the weekend and largely ignored.

[Code_Name_D]

2. My god! The DU ignored this?

This is just another scandel that the Dems will not fight on! Their are impeachable offences here too!

[xchrom]

3. god awful ain't it

write to your senators -- never let the energy fraud argument down. it was the first white house lie -- kenny boy -- feh!

[Ernesto]

4. Davis is on the ropes!

We need more chatter on this! Thank you, cush.
KICK!

[Terran]

5. You should repost this in General Discussion

so more people will see it.

Kick!

[proud patriot]

6. OMG.....READ THIS NOW

yes I was yelling ...

[ixion]

7. kick... this is a MUST READ

excellent piece of investigative journalism, something in short supply these days.

[Dont B bush N Me]

8. I read the whole article. Disgusted.

I'm very surprised the Liberal media isn't jumping all over this. Too bad there's not a prosecuter smart enough to put these crooks in jail.

[Tinoire]

9. You really have to wonder what the following is doing in an energy report!

You really have to wonder what the following is doing in an energy report!

The report’s implications are clear: the national energy security of the U.S. was now in the hands of an open adversary and the Saudis might not make up the difference in the future. The Baker report recommends: “The United States should conduct an immediate policy review of Iraq, including military, energy, economic and political/diplomatic assessments…. Sanctions that are not effective should be phased out and replaced with highly focused and enforced sanctions that target the regime’s ability to maintain and acquire weapons of mass destruction.” Military intervention is listed as a viable prospect.

WOW and all our old friends from PNAC showing up. What a surprise! (sarcasm)

“The history of the 20th Century should have taught us that it is important to shape circumstances before crises emerge and to meet threats before they become dire.” In fact, on pages 51 and 67 of the institution’s intellectual centerpiece, Rebuilding America’s Defenses, the authors lament that the process of transforming the military would most likely be a long one, “absent some catastrophic and catalyzing event—like a new Pearl Harbor.” (How unfortunate for Americans, they got their needed event on September 11, 2001.)

The signers to the “principles” read like a who’s who of the Bush administration plus a chorus line of supporters: Dick Cheney, I. Lewis Libby, Donald Rumsfeld, Paul Wolfowitz, and Elliott Abrams, plus world famous: William Bennett, Jeb Bush, and Dan Quayle, among others.



The two documents clearly show that before George W. Bush took office, key officials of his future administration not only listed Iraq, Iran, and North Korea as “adversaries” who “are rushing to develop ballistic missiles and nuclear weapons as a deterrent to American intervention in regions they seek to dominate,” but endorsed an alien concept, the doctrine of pre-emptive strikes against those nations believed to have hostile intent against the U.S. before such intent is manifested.

Ah! And my favorite friends! The CFR that some more level-header DUers think should remain in the league of 'conspiracy'.

Then there are the sensible folks of the Council on Foreign Relations, advising the new president in June of 2001, “Saddam Hussein and his regime pose a growing danger to the Middle East and the United States. The regime cannot be rehabilitated. Therefore, the goal of regime replacement should remain a fundamental tenet of U.S. policy options.”

Deep deep rabbit holes!

Thank you for posting this again. I remember this WAS posted before and there were a TON of responses to the thread but it seems to have vanished! Elad mentioned today that some of the threads in GD and LBN were lost. I have a sinking feeling that was one of them which is a real shame because there were lots of great comments! If anyone can maybe find something in GD about this please let me know... I would like to find those comments again. Thanks! :)

On edit: I think I was thinking of this 2-part thread

Klayman gets the Cheney Energy papers
http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=102&topic_id=20394&mesg_id=20394&page=