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The New DU. Reply #17: Any way you look at it Calif municipalities are going to default ... AND ENRON HELPED
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Blackhatjack
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Tue Apr-06-10 11:06 AM
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| 17. Any way you look at it Calif municipalities are going to default ... AND ENRON HELPED |
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Let's go back to the time when Enron extorted outrageous long term contracts for electricity by manipulating the supplies and forcing 'brownouts.' And then the Bush Administration refused to step in and impose price controls on a manipulated 'deregulated' market.
Those inflated energy costs have a way of raising the costs of just about everything.
Enron... the gift that just keeps on giving.
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