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A blog for that outspoken and aggressive member of the Buffy Bulletin Board.
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   Tuesday, October 07, 2003

Total Recall. Total Fix.


I'm going to go out on a limb here, (granted not much of one) and congratulate Ahnuld on being elected the new Governor of California.

Ahnuld had often expressed a desire to enter politics, which was lampooned in movies such as "Demolition Man". But his path to the governership really only began in earnest back in May of 2001.

It was at the Peninsula Hotel in Los Angeles. There, Ahnold met with two people to talk about the only thing worth talking about: Money. They were Ken, and Mike. That's Enron evil-dude Ken Lay and convicted stock swindler Mike Milken.

They had a problem, which can be summed up in two words : "Davis. Bustamente."

As almost anyone who has access to real investigative journalism knows, Enron and the power company pirates bled approximately 9 billion dollars out of California through rolling blackouts, price hiking, deregulated profit gouging, and so on.

All good and well for the major share holders in Enron and co., but there was a problem. California's unique Civil Code provision 17200. Called the "Unfair Business Practices Act." By bringing the power companies to court under this act, they would potentially have to pay back the 9 billion dollars.

Heavens forfend! What a concept! Thieves having to give money BACK??? Where would it end?!

A private lawsuit was filed last year under California's "Unfair Business Practices Act." And can anyone name the plaintiff who is taking on the bad guys? It's Cruz Bustamante, the Lieutenant Governor and reluctant opponent against Ahnuld.

While this was in court, the Davis Administration simultaneously demanded that George Bush's energy regulators order the 9 billion dollar refund. Of course, we know that will never happen. Bush's Federal Energy Regulatory Commission is headed by a guy proposed by Ken Lay.

Instead, the FERC comes up with an ingenious ploy. They charge the companies with conspiracy but offer to cut them a deal where they have to pay only two cents on each dollar they stole.

That's 2 per cent.

2 single per cent.

Now, I'm not sure about you, but I reckon if I had a share of 9 billion for two years, I could probably earn more than 2 percent, even in THIS economy. So this "pay back" amounts to little more than a one-time-only share in the interest payment.

All in all, sounds like a great plan, and the companies love it. But Governor Davis won't play along with the idea for some reason. So the Governor has to be replaced with someone who WILL play ball.

We can get rid of Davis. We can smear Cruz. But how can you get someone elected who will play ball with this ridiculous settlement?

Hence the meeting between Ahnuld and Lay and the rest. Once he is Governor, he agrees to the settlements with the power companies. When that happens, Bustamante's court cases are finished. No judge will let a case go to trial to protect a state if that state's governor has already allowed the matter to be "settled" by a regulatory agency.

Ahnuld wasn't sure about running initially, but he got the nod by the Kingmakers at the Bohemian Grove earlier this year. Word came down from on-high for other Republican candidates like McClintock to back down, rather than split the rightwing vote for Ahnuld.

California is in debt by $8 billion for the coming year. This deficit is the reason the right wing can destroy Davis. Yet only Davis and Bustamante are taking direct action against the power companies to get back the $9 billion from Enron, Reliant, Dynegy, Williams Company and the other power pirates.

That's why I say, with 9 billion at stake, there's no way Ahnuld will fail to be elected. It's done. It's dusted. See you at the party, victor.




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