Saturday, July 6, 2013

Trading Favors

Say what you want about the late Bob Novak (that the dude was an SOB, a virulent right-winger, etc.), the man was a stellar reporter (an exceptional writer with sources up the ying-yang). And one of his better uncoverings was how he brought to light memos which patently showed that Enron was not only OK with the Kyoto treaty, it was flat-out in favor of it, actually going as far as to argue that the treaty would "do more to promote Enron's business than any other initiative", and that it would be "good for Enron stock" (they evidently figured out a way in which they could actually make money via emissions trading)...................................................................Of course the real smoking gun was an August 1997 memo to Enron President, Ken "douche-bag" Lay, in which virtual step by step instructions were provided on just how best to convince then President Clinton to sign said Kyoto Treaty. Youza, huh?...How anybody can still argue that big business and big government and even big NGOs aren't in bed together crafting this garbage (Kyoto, cap and trade, etc.) is totally amazing to me.

1 comment:

dmarks said...

Great about Bush that he took campaign contributions from Enron and then hung them out to dry. Clinton made sure they flourished and got their moneys worth.