A Blast From The Past... The Bush-Ken Lay Connection

[WillyT]

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That Lay was instrumental in Bush’s rise to the presidency is indisputable. Since 1993, Lay and top Enron executives donated nearly $2 million to Bush. Lay also personally donated $326,000 in soft money to the Republican Party in the three years prior to Bush’s presidential bid, and he was one of the Republican “pioneers” who raised $100,000 in smaller contributions for Bush. Lay’s wife donated $100,000 for inauguration festivities.

As governor, Bush did what Enron wanted, cutting taxes and deregulating utilities. The deregulation ideology, which George W. long had adopted as gospel, allowed dubious bookkeeping and other acts of chicanery that shocked Wall Street and drove a $60-billion company, seventh on the Fortune 500 list, into bankruptcy.

This emerging scandal makes Whitewater seem puny in comparison; clearly there ought to be at least as aggressive a congressional inquiry into the connection between the Bush administration and the Enron debacle. Facts must be revealed, beginning with the content of Lay’s private meeting with Vice President Dick Cheney to create the administration’s energy policy.

What was Lay’s role in the sudden replacement of Curtis Hebert Jr. as Federal Energy Regulatory Commission chairman? As the New York Times reported, Hebert “had barely settled into his new job this year when he had an unsettling telephone conversation with Kenneth L. Lay, prodded him to back ... a faster pace in opening up access to the electricity transmission grid to companies like Enron.” Lay admits making the call but in an unctuous defense of his influence peddling said, “The final decision on was going to be the president’s, certainly not ours.” Soon after, Hebert was replaced by Texan Pat Wood, who was favored by Lay.

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Link: http://www.truthdig.com/report/item/20060526_enron_bush_lay/

Say it with me: Subpoena Power, Subpoena Power, Subpoena Power !!!

:mad:

[Redstone]

1. Kenny Boy! Or "Kenny Bitch," as you'll soon be known.

He simply CANNOT suffer enough for what he's done.

Redstone

[elehhhhna]

2. COndi tried to save their ass on their India scam, but India told her

to eff off.

[spag68]

3. Ken Lay

much as I hate to think it, will probably never see a day in jail. I predict a long list of pardons in the future.