Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Enron Bankruptcy "Bombshell"
CBSNEWS ^ | Friday, January 11, 2002

Posted on 01/11/2002 3:09:16 AM PST by JohnHuang2

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081-87 next last
To: Blagden Alley
This is another one week wonder as a political story. As was Daschle's speech last week.

Couldn't agree more. It might sputter before then, actually. The bottom line is that there's no 'there, there'. Unless real administration malfeasance can be shown, the public will just shrug this off as just another beltway fishing expedition.

21 posted on 01/11/2002 4:15:25 AM PST by JohnHuang2
[ Post Reply | Private Reply | To 14 | View Replies]

To: Lee'sGhost
Of course, that only applies if you are intellectually honest, have a brain, and apply logic. Well, that eliminates leftist libs.

Nuff said.

22 posted on 01/11/2002 4:16:42 AM PST by JohnHuang2
[ Post Reply | Private Reply | To 17 | View Replies]

To: JohnHuang2
Business business business. That's all the Democrats think about. Everyone lies about business. Let's move on.
23 posted on 01/11/2002 4:21:16 AM PST by AppyPappy
[ Post Reply | Private Reply | To 1 | View Replies]

To: JohnHuang2
Bumping & bookmarking...
24 posted on 01/11/2002 4:21:50 AM PST by hellinahandcart
[ Post Reply | Private Reply | To 1 | View Replies]

To: AppyPappy
Bump!
25 posted on 01/11/2002 4:24:24 AM PST by JohnHuang2
[ Post Reply | Private Reply | To 23 | View Replies]

To: JohnHuang2
DOesn't the press want to look at themselves wrt Enron? They touted this company as the new leader in that murky tech field...

And shouldn't they ask why the SEC didn't FIRST get after Enron INSTEAD of the WH? Since when does the WH bother in Wall Street's daily affairs? Ridiculous.

26 posted on 01/11/2002 4:24:37 AM PST by Benrand
[ Post Reply | Private Reply | To 1 | View Replies]

To: Benrand
Excellent point.
27 posted on 01/11/2002 4:25:19 AM PST by JohnHuang2
[ Post Reply | Private Reply | To 26 | View Replies]

To: JohnHuang2
Enron Bankruptcy "Bombshell"

ENRON=911

28 posted on 01/11/2002 4:27:54 AM PST by maestro
[ Post Reply | Private Reply | To 1 | View Replies]

To: JohnHuang2
My assessment of what the Dems are doing is a little more pessimistic. Any "scandal" for GW is a distraction at best right now.

And the Dems have geared up their mouthpieces in the press to give this story legs. Already the impression is that the administration was "in talks" with Enron right before it's collapse. No matter the simple truth this has the appearance of impropriety and the Dems will milk it for all it's worth.

Even if this goes nowhere it will have achieved at least two goals: distracting, possibly hurting Bush's high approval ratings as a leader AND tying Republicans into the scandal as protectors of evil business.

I believe this is a tack that you will see more and more as the Dems hopes for a failing economy that hasn't recovered fully by the 2002 elections. They are staking it all on that hope.

Tiny Tom's speech bombed so now they are using their followup strategy. It's the economy stupid! all over again. At worked on Poppy and they are praying for a repeat of their success in toppling a popular president.

I think Bush is well aware of exactly what they are trying to do and I have no doubt that he will respond in an entirely different way.

I'm just sorry to see that the Dems will get a chance to replay this sorry old tune again and we will have to hear it throughout this year in it's various forms.

These people will NEVER give up in their ruthless pursuit of power, no matter how impossible the going, and it's something Republicans need to understand to combat.

29 posted on 01/11/2002 4:30:04 AM PST by AquariusStar22
[ Post Reply | Private Reply | To 19 | View Replies]

To: JohnHuang2
'nother great post from JH2 central command.

It is soooooooo comforting to see the dems fail to get traction on any of their Bush-hating spin.

More than that, to see our President actually doing the right thing instead of engaging in lies, politicizing and cover-ups makes me feel good about the White House again. America HAS survived the Clintons (this time) and maybe Dubya will teach everyone a lesson about the character of the character in the oval.

RightRules sits back and entertains himself watching the dems step in it... again.

30 posted on 01/11/2002 4:33:28 AM PST by RightRules
[ Post Reply | Private Reply | To 1 | View Replies]

To: RightRules
Thanks, amigo =^)

More than that, to see our President actually doing the right thing instead of engaging in lies, politicizing and cover-ups makes me feel good about the White House again. America HAS survived the Clintons (this time) and maybe Dubya will teach everyone a lesson about the character of the character in the oval.

Well said, nuff said.

31 posted on 01/11/2002 4:35:16 AM PST by JohnHuang2
[ Post Reply | Private Reply | To 30 | View Replies]

To: JohnHuang2
The hungry democrat hounds have the scent and will be baying in full voice, hoping to make Bush into a one term president.

Unlike the gutless republican politicians, the dems will draw blood. Pubs had eight years of Clinton scandals and came up empty handed and looking foolish.

32 posted on 01/11/2002 4:40:26 AM PST by cynicom
[ Post Reply | Private Reply | To 1 | View Replies]

To: JohnHuang2
The Dems desire to take control of the investigation is two-fold. With loud, media-hyped, televised "Investigative Hearings" that focus on Pubs only, the sheeple will not pay attention to the DOJ probe. Also, the Dems want to muddle the evidence and cover their own involvement. Anyone who believes that Bush's tax cuts, which haven't happened yet, are responsible for last year's recession should have no problem ignoring the facts in this Enron bankruptcy. Thanks for the informative articles.
33 posted on 01/11/2002 4:41:19 AM PST by ArtDodger
[ Post Reply | Private Reply | To 1 | View Replies]

To: AquariusStar22
It worked on Poppy and they are praying for a repeat of their success in toppling a popular president.

Not to sound Pollyannish, but what 'worked' with 41 was the perception of a slumping economy, a president who broke a major campaign pledge, and a demoralized base.

While the economy may be limping along, the public has the sense to recognize the attacks of September 11 played a major role in jettison the economy. Polls show the public blames 9-11, not the President, for the recession.

Recall how the Dems spent years trying to pin scandal on the Gipper? Didn't have much success, did they? The press, flustered and bewildered, nick named him the 'teflon President'.

I believe we seeing history repeat itself right before our very eyes.


34 posted on 01/11/2002 4:43:26 AM PST by JohnHuang2
[ Post Reply | Private Reply | To 29 | View Replies]

To: AquariusStar22
jettison=jettisoning

we=we're

35 posted on 01/11/2002 4:45:02 AM PST by JohnHuang2
[ Post Reply | Private Reply | To 29 | View Replies]

To: AquariusStar22
Methinks I need to get some sleep ;^)
36 posted on 01/11/2002 4:45:30 AM PST by JohnHuang2
[ Post Reply | Private Reply | To 29 | View Replies]

To: ArtDodger
Thanks for the informative articles.

Welcome.

37 posted on 01/11/2002 4:46:45 AM PST by JohnHuang2
[ Post Reply | Private Reply | To 33 | View Replies]

To: JohnHuang2
The Bush Administration should appoint Mary Joe White as a special investigator for this.If not her let the Democrats in Congress choose a Special Investigator (maybe Frances Berry) and the Republicans appoint an Investigator to look over the Democrats investigator.Maybe eventually we can make a Billionaire out of every lawyer in this country and the Congress will officially bankrupt this country.Of course by this time all the politicians will have their money in some offshore bank accounts free from prying eyes like their cohorts at ENRON. Nothing ever really changes the working American gets the shaft.If there is truly a God in heaven there will be no room left in hell for anyone after lawyers and politicians are judged.
38 posted on 01/11/2002 4:52:22 AM PST by gunnedah
[ Post Reply | Private Reply | To 1 | View Replies]

To: JohnHuang2
Agree or disagree with the decision, the refusal is inconsistent with the notion of Mr. Lay having undue influence over this administration. In fact, the bailout denial is the opposite of what one would expect if campaign money and friendship were what they are cracked up to be.

This is the most crucial point in the whole Enron debacle. Not only did Enron fail to get the assistance they asked for, but it is clear that the Bush administration made the right decision when it refused to get involved. The basis for Enron's request was their claim that if the company went bankrupt it would send shock waves through the entire industry.

In fact, it turned out that the exact opposite was true. The fact that the nation's largest energy trading firm went belly-up without even sending a ripple through the energy sector is a clear indication of the wonders of energy deregulation.

39 posted on 01/11/2002 4:58:11 AM PST by Alberta's Child
[ Post Reply | Private Reply | To 1 | View Replies]

To: Alberta's Child
In fact, it turned out that the exact opposite was true. The fact that the nation's largest energy trading firm went belly-up without even sending a ripple through the energy sector is a clear indication of the wonders of energy deregulation.

That's the bottom line, in a nutshell.

40 posted on 01/11/2002 5:00:08 AM PST by JohnHuang2
[ Post Reply | Private Reply | To 39 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081-87 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson