Here is a list of some of the biggest energy industry donors to the Republican party during Preznit Dubya's campaign:
ENRON - $1,800,000.00
EXXON - $1,200,000.00
KOCH INDUSTRIES - $970,000.00
SOUTHERN POWER - $900,000.00
BP AMOCO - $800,000.00
LEHMAN BROTHERS - $808,000.00
EL PASO ENERGY - $787,000.00
CHEVRON OIL CORP - $780,000.00
RELIANT ENERGY - $642,000.00
TEXAS UTILITIES TXU - $635,000.00
Ever hear of Enron Corporation? They're America's Number One power trading team and they know you can't win the power game unless you play the political game and they're the champs. No one's given more money to the political campaigns of George Bush than Enron - let's go see if we can find their HQ... Oops! Houston, Texas!
Investigations are proceeding into profiteering by power traders during the California energy crisis and black-outs. The State of California has accused El Paso Corporation and Dynegy (both subsidaries of Enron Corp) of deliberately restricting the flow of natural gas through the pipeline from Texas CREATING an artificial shortage which caused prices to go up ten fold.
Who stands to profit from the artificially created "energy crisis" in the USA? Why has this "crisis" only occured since G W Bush took office? On December 14, 2000, President Clinton ordered an end to speculation in energy prices in California - which bit into the profits of El Paso and Dynegy... and Enron and Reliant too. But they were betting on another horse. Between them they gave $3.5 million to Bush and the Republicans.
Reliant told us "Frankly, we feel some candidate's philosophies will benefit the company, its stockholders, and its customers more than will others." Three days after his inauguation Bush swept away Clinton's anti-speculation orders. After Bush lifted controls Enron's profits jumped up by 87 million... not a bad return on political contributions of 1.8 million dollars.
Alcoa was facing a demand to cut emissions by 50%, that would have meant replacing the cheap and dirty lignite (the filthiest fuel you can burn) with clean but expensive natural gas. But within a month of passage of Bush's 'voluntary' pollution law, attorneys with the law firm pleading Alcoa's case to the regulators gave $170,000 to the Republican campaign.
Coincidence? Alcoa deny any link they told us they "exert no control over the legal and lobbying firms" they retain. According to Alcoa's own figures not switching to gas saved them $100 million.
Newsnight has discovered, deep in Bush's new budget, the million-dollar fund for civil enforcement to deter pollution will be axed. Law enforcement will be left to locals - and in Texas, the weak State watchdog is letting Alcoa open a new lignite pit 20 miles away.
Alcoa's former CEO Paul O'Neill is making new friends - Bush named him Secretary of the US Treasury - so O'Neill has to sell off his Alcoa shares - he'll get about $100 million. Alcoa made a $100,000 contribution to the Bush Cheney inaugural. They told us this was in honor of Paul O'Neill. He's also on Vice President Dick Cheney's "Energy Group."
Apart from Paul O'Neill, the committee includes Bush's Commerce Secretary Don Evans - he was CEO of Tom Brown Inc a billion dollar oil and gas company, and Energy Secretary Spencer Abraham, a motor industry favorite - they gave him $700,000 last year... and of course Dick Cheney, the Vice President, former boss of Halliburton which builds nuclear power plants and is the world's largest oil services company. And what a coincidence. Today, the Cheney group recommended building more nukes, drilling more oil and burning more coal.
One of the first major pieces of legislation to go through Congress under President Bush is a bankruptcy bill that protects MBNA the largest manufacturer and seller of credit cards, citizens in this country can no longer write off credit card debt when they file for bankruptcy it was a key priority of Mr Cawley and his bank and he bet early and he bet often on our Governor would some day be in the White House and would some day be able to deliver on this favour. Wall Street analysts put MBNA's gain at $75 million PER YEAR!
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ENRON - $1,800,000.00
EXXON - $1,200,000.00
KOCH INDUSTRIES - $970,000.00
SOUTHERN POWER - $900,000.00
BP AMOCO - $800,000.00
LEHMAN BROTHERS - $808,000.00
EL PASO ENERGY - $787,000.00
CHEVRON OIL CORP - $780,000.00
RELIANT ENERGY - $642,000.00
TEXAS UTILITIES TXU - $635,000.00
Ever hear of Enron Corporation? They're America's Number One power trading team and they know you can't win the power game unless you play the political game and they're the champs. No one's given more money to the political campaigns of George Bush than Enron - let's go see if we can find their HQ... Oops! Houston, Texas!
Investigations are proceeding into profiteering by power traders during the California energy crisis and black-outs. The State of California has accused El Paso Corporation and Dynegy (both subsidaries of Enron Corp) of deliberately restricting the flow of natural gas through the pipeline from Texas CREATING an artificial shortage which caused prices to go up ten fold.
Who stands to profit from the artificially created "energy crisis" in the USA? Why has this "crisis" only occured since G W Bush took office? On December 14, 2000, President Clinton ordered an end to speculation in energy prices in California - which bit into the profits of El Paso and Dynegy... and Enron and Reliant too. But they were betting on another horse. Between them they gave $3.5 million to Bush and the Republicans.
Reliant told us "Frankly, we feel some candidate's philosophies will benefit the company, its stockholders, and its customers more than will others." Three days after his inauguation Bush swept away Clinton's anti-speculation orders. After Bush lifted controls Enron's profits jumped up by 87 million... not a bad return on political contributions of 1.8 million dollars.
Alcoa was facing a demand to cut emissions by 50%, that would have meant replacing the cheap and dirty lignite (the filthiest fuel you can burn) with clean but expensive natural gas. But within a month of passage of Bush's 'voluntary' pollution law, attorneys with the law firm pleading Alcoa's case to the regulators gave $170,000 to the Republican campaign.
Coincidence? Alcoa deny any link they told us they "exert no control over the legal and lobbying firms" they retain. According to Alcoa's own figures not switching to gas saved them $100 million.
Newsnight has discovered, deep in Bush's new budget, the million-dollar fund for civil enforcement to deter pollution will be axed. Law enforcement will be left to locals - and in Texas, the weak State watchdog is letting Alcoa open a new lignite pit 20 miles away.
Alcoa's former CEO Paul O'Neill is making new friends - Bush named him Secretary of the US Treasury - so O'Neill has to sell off his Alcoa shares - he'll get about $100 million. Alcoa made a $100,000 contribution to the Bush Cheney inaugural. They told us this was in honor of Paul O'Neill. He's also on Vice President Dick Cheney's "Energy Group."
Apart from Paul O'Neill, the committee includes Bush's Commerce Secretary Don Evans - he was CEO of Tom Brown Inc a billion dollar oil and gas company, and Energy Secretary Spencer Abraham, a motor industry favorite - they gave him $700,000 last year... and of course Dick Cheney, the Vice President, former boss of Halliburton which builds nuclear power plants and is the world's largest oil services company. And what a coincidence. Today, the Cheney group recommended building more nukes, drilling more oil and burning more coal.
One of the first major pieces of legislation to go through Congress under President Bush is a bankruptcy bill that protects MBNA the largest manufacturer and seller of credit cards, citizens in this country can no longer write off credit card debt when they file for bankruptcy it was a key priority of Mr Cawley and his bank and he bet early and he bet often on our Governor would some day be in the White House and would some day be able to deliver on this favour. Wall Street analysts put MBNA's gain at $75 million PER YEAR!
------------------
Make Money. Period.
www.pythonvideo.com
www.dollarmachine.com
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