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Schwarzenegger in on Kenny Lay plan to avoid CA $9 B payback?

by George LoBuono Sunday, Oct. 05, 2003 at 1:54 PM

Hot news shows Arnold tried to help Kenny Lay avoid the $9 billion payback to CA that Bustamante is pushing for

Here's Greg Palast's article reporting internal Enron memos showing that Schwarzenegger met with Kenny Lay in LA just 30 days after Bustamante filed to force Enron and the power co's to pay back the $9 billion bilked from CA's coffers last year. http://www.gregpalast.com/detail.cfm?artid=283&row=0 Pass this one on to other who will spread it around, shortly.
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text of the article

by imc volunteer Sunday, Oct. 05, 2003 at 3:45 PM

Arnold Unplugged - It's hasta la vista to $9 billion if the Governator is selected



Friday, October 3, 2003






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It's not what Arnold Schwarzenegger did to the girls a decade back that should raise an eyebrow.  According to a series of memoranda our office obtained today, it's his dalliance with the boys in a hotel room just two years ago that's the real scandal.


The wannabe governor has yet to deny that on May 17, 2001, at the Peninsula Hotel in Los Angeles, he had consensual political intercourse with Enron chieftain Kenneth Lay.  Also frolicking with Arnold and Ken was convicted stock swindler Mike Milken.


Now, thirty-four pages of internal Enron memoranda have just come through this reporter's fax machine tell all about the tryst between Maria's husband and the corporate con men.  It turns out that Schwarzenegger knowingly joined the hush-hush encounter as part of a campaign to sabotage a Davis-Bustamante plan to make Enron and other power pirates then ravaging California pay back the $9 billion in illicit profits they carried off.


Here's the story Arnold doesn't want you to hear.  The biggest single threat to Ken Lay and the electricity lords is a private lawsuit filed last year under California's unique Civil Code provision 17200, the "Unfair Business Practices Act."  This litigation, heading to trial now in Los Angeles, would make the power companies return the $9 billion they filched from California electricity and gas customers.


It takes real cojones to bring such a suit.  Who's the plaintiff taking on the bad guys?  Cruz Bustamante, Lieutenant Governor and reluctant leading candidate against Schwarzenegger.


Now follow the action.  One month after Cruz brings suit, Enron's Lay calls an emergency secret meeting in L.A. of his political buck-buddies, including Arnold.  Their plan, to undercut Davis (according to Enron memos) and "solve" the energy crisis -- that is, make the Bustamante legal threat go away.


How can that be done?  Follow the trail with me.


While Bustamante's kicking Enron butt in court, the Davis Administration is simultaneously demanding that George Bush's energy regulators order the $9 billion refund.   Don't hold your breath:  Bush's Federal Energy Regulatory Commission is headed by a guy proposed by … Ken Lay.


But Bush's boys on the commission have a problem.  The evidence against the electricity barons is rock solid:  fraudulent reporting of sales transactions, megawatt "laundering," fake power delivery scheduling and straight out conspiracy (including meetings in hotel rooms).


So the Bush commissioners cook up a terrific scheme:  charge the companies with conspiracy but offer them, behind closed doors, deals in which they have to pay only two cents on each dollar they filched.


Problem:  the slap-on-the-wrist refunds won't sail if the Governor of California won't play along.  Solution:  Re-call the Governor.


New Problem:  the guy most likely to replace Davis is not Mr. Musclehead, but Cruz Bustamante,  even a bigger threat to the power companies than Davis.  Solution:  smear Cruz  because -- heaven forbid! -- he took donations from Injuns (instead of Ken Lay).


The pay-off?  Once Arnold is Governor, he blesses the sweetheart settlements with the power companies.  When that happens, Bustamante's court cases are probably lost.  There aren't many judges who will let a case go to trial to protect a state if that a governor has already allowed the matter to be "settled" by a regulatory agency.


So think about this.  The state of California is in the hole by $8 billion for the coming year.  That's chump change next to the $8 TRILLION in deficits and surplus losses planned and incurred by George Bush.  Nevertheless, the $8 billion deficit is the hanging rope California's right wing is using to lynch Governor Davis.


Yet only Davis and Bustamante are taking direct against to get back the $9 billion that was vacuumed out of the state by Enron, Reliant, Dynegy, Williams Company and the other Texas bandits who squeezed the state by the bulbs.


But if Arnold is selected, it's 'hasta la vista' to the $9 billion.  When the electricity emperors whistle, Arnold comes -- to the Peninsula Hotel or the Governor's mansion.  The he-man turns pussycat and curls up in their lap.


I asked Mr. Muscle's PR people to comment on the new Enron memos -- and his strange silence on Bustamante's suit or Davis' petition.  But Arnold was too busy shaving off his Hitlerian mustache to respond.


The Enron memos were discovered by the Foundation for Taxpayer and Consumer Rights, Los Angeles,
www.ConsumerWatchdog.org
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So speaketh the invincible ignorance of BA

by Ned Kelly Sunday, Oct. 05, 2003 at 8:38 PM

There was NO California Energy Shortage from either lack of Power Plants or available Power. There was a HUGE Swindle as Power was bounced around the Grid and then sold at obscene fraudulent Mark-ups. Ken Lay was the master at that.

Steal 10 dollars go to Jail.

Steal 10 Billion and BA defends you.
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Crisis and Anticrisis

by Hegel Tuesday, Oct. 07, 2003 at 8:19 AM


This is the Hegelian Dialectic in action.

http://www.google.com/search?hl=en&ie=UTF-8&oe=UTF-8&q=hegelian+dialectic





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Schwarzenegger in California+Bush Washington=REAL FASCISM IN USA

by Dave Kromm Tuesday, Oct. 07, 2003 at 3:46 PM
davidk@oz-online.net

Are Californians just blissfully unaware that for the very first time in U.S. History we may have a truely TOTAL FASCIST REGIME, as Germany, Italy and Chile have gone through in the past?

After the 2000 mis-election and 9/11, many of us in the less lucky rest of the country have been carrying on an extremely difficult struggle against complete Fascist takeover by the Bush Regime, which already controls most of the U.S. Government, Billions of Dollars in International Corporations (esp.weapons and oil dealing), and has effectively suspended many funadamental civil rights protections in the U.S. Constitution. For a long time now, we've been able to see that the one thing which really stopped a complete Fascist takeover was that the Bush Regime had not consolidated it's strangelhold on political and economic power on the West Coast as well as it has in the rest of the country.

Schwarzegger is backed by the same people who back and profit from the Bush Regime, and is involved in the same kind of scams. If he becomes Governor of California, the struggle to prevent fascism in the U.S.A. will be instantly terminated. For the first time in U.S. History, we will really be there, where Germany, Italy and Chile have been before. The coup d'etat will be complete.

Of course, many of us with a conscience will continue the struggle to check Fascism and restore true Contitutional Democracy to the U.S.A. But we will truely be an endangered underground in country which has fallen to a complete fascist take over, at least through 2004, and probably longer, we Americans will finally know what was like to live in Germany or Italy in the 1930's and 1940's.

That is the great choice that history has actually given the people of California in this misleading "recall". For the good of people around the world, I hope the people of California make it wisely, and do it whatever it takes to stop the seizure of Power by Schwarzenegger and the extremely trecherous people behind both him and Bush.
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Face it

by fresca Tuesday, Oct. 07, 2003 at 7:15 PM

"Steal 10 Billion and BA defends you."


Nice try, but I seriously doubt that BA is going to defend Davis.

ALL of this goes back to Davis.

His people were in the same "meeting" with Arnold that you speak of as were more than 40 other people.

Every bit of our fucked fiscal situation is DIRECTLY the result of Davis' inept pandering and his gutless dealings with our insanely liberal legislature.

This is such a transparent and stupid shot at Arnold. Not as bad as quoting the first HALF of a statement only where he admitted to loathe hitler because he did such evil (somehow that got twisted into be pro-Hitler) but still fairly ridiculous.
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bury it

by ostrich Wednesday, Oct. 08, 2003 at 2:01 AM

it had nothing to do with ENRON..
nothing to do with Bush...

KEEP BURYING YOUR HEAD FREASa

its amusing to the rest of us
when you make an idiot out of yourself
with you "faulty logic"

Drop the trust fund.
Move away from Orange County.

and step into the real world of REALITY.

or
just keep providing the humor...
ITS PRICELESS!!!!!
ROFL
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I know

by fresca Wednesday, Oct. 08, 2003 at 7:42 PM

"it had nothing to do with ENRON..
nothing to do with Bush... "

Yeah, I know.

Even your own buddies in the leftist California Democratic party blame Davis for his ridiculous and self serving deals he made.

Balming Bush is so incredibly stupid you might as well balme Israel while you're at it.

Do you have any idea how ridiculous you sound?

But by all means, since you obviously do believe this tripe, post some proof.
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