Greg Palast's article gets to the meat of the story - Mothering Forums
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Delilah's Avatar Delilah 12:12 AM 10-05-2003
http://www.gregpalast.com/detail.cfm?artid=283&row=0

Arnold Unplugged - It's hasta la vista to $9 billion if the Governator is selected
Friday, October 3, 2003

SNIP
The wannabe governor has yet to deny that on May 17, 2001, at the Peninsula Hotel in Los Angeles, he had consensual political intercourse with Enron chieftain Kenneth Lay. Also frolicking with Arnold and Ken was convicted stock swindler Mike Milken.

Now, thirty-four pages of internal Enron memoranda have just come through this reporter's fax machine tell all about the tryst between Maria's husband and the corporate con men. It turns out that Schwarzenegger knowingly joined the hush-hush encounter as part of a campaign to sabotage a Davis-Bustamante plan to make Enron and other power pirates then ravaging California pay back the $9 billion in illicit profits they carried off.

Here's the story Arnold doesn't want you to hear. The biggest single threat to Ken Lay and the electricity lords is a private lawsuit filed last year under California's unique Civil Code provision 17200, the "Unfair Business Practices Act." This litigation, heading to trial now in Los Angeles, would make the power companies return the $9 billion they filched from California electricity and gas customers.

snip

So the Bush commissioners cook up a terrific scheme: charge the companies with conspiracy but offer them, behind closed doors, deals in which they have to pay only two cents on each dollar they filched.

Problem: the slap-on-the-wrist refunds won't sail if the Governor of California won't play along. Solution: Re-call the Governor.

SNIP

The pay-off? Once Arnold is Governor, he blesses the sweetheart settlements with the power companies. When that happens, Bustamante's court cases are probably lost. There aren't many judges who will let a case go to trial to protect a state if that a governor has already allowed the matter to be "settled" by a regulatory agency.

SNIP

El Casey S's Avatar El Casey S 10:51 AM 10-05-2003
Oh how interesting! Puts a whole new slant on things. Sounds a bit like the political intrigue of "The Pelican Papers". I will be so surprised if Calif really elects Ah-nold! Maybe disappointed is a better word. Slowly nothing surprises me anymore with the US American public.: :
Delilah's Avatar Delilah 10:27 PM 10-06-2003
This is the one you've read about, I guess.
(BUMP)
Tracy's Avatar Tracy 10:31 PM 10-06-2003


thanks
Joyce in the mts.'s Avatar Joyce in the mts. 10:14 AM 10-07-2003
Bump!...Joyce in the mts.
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