George W. Bush "Kept Us Safe"?

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Dark Angel
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George W. Bush "Kept Us Safe"?

Post by Dark Angel » Fri May 22, 2009 5:03 am

http://www.huffingtonpost.com/jeffrey-f ... 06264.html

Lately, the only thing worse than Dick Cheney's boldfaced lie that the Bush administration policies "kept us safe" is the gaggle of mainstream journalists mindlessly repeating it.

My question for journalists working for CNN, MSNBC, FOX, ABC, CBS, NPR and the like is very simple: Exactly what kind of delusional definition of "kept us safe" is swirling around your cobweb covered newsrooms? That definition must be some kind of crazy, because it accommodates not only the deadliest terrorist attack in U.S. history and the tragic death of thousands in New Orleans, but dozens of other yikes-we-are-so-not-safe moments, all which happened during George W. Bush's Presidency.

For example:

During George W. Bush's Presidency, thousands of soldiers died in Iraq--a war we now know without question to have been waged as part of an ideological program, not out of necessity. Those thousands of soldiers each had parents, husbands, wives, brothers, sisters, children, and hometowns dragged through the cruel stop-gap policies imposed on service men and women by George W. Bush.

During George W. Bush's Presidency, tens of thousands of U.S. soldiers were injured, only to return to the squalid conditions and cruel indifference of a veterans' care medical system that fell through the cracks of America's for-profit healthcare racket. The tragedy of our injured soldiers came to light during George W. Bush's Presidency.

During George W. Bush's Presidency, the number of Americans living in abject fear for lack of health insurance reached the tens of millions. As a result of this crisis of fear, a private medical relief agency initially set up to fly doctors to remote jungles in South America began flying relief into poor American communities. This happened during George W. Bush's Presidency.

During George W. Bush's Presidency, the NSA spied on the private citizens, thanks to the willing participation of major American telecom companies, a major violation of the most fundamental Constitutional rights Americans thought protected them from KGB-style domestic surveillance.

During George W. Bush's Presidency, the citizens of nearly all American foreign allies began to view the United States as a hostile threat to world peace, safety, and security as a result of (1) the preemptive invasion policies of Dick Cheney and (2) the torture-of-prisoners policies of Dick Cheney.

During George W. Bush's Presidency, job security for working communities dropped, underemployment reached historic highs, and earned wages for worker output stagnated.

During George W. Bush's Presidency, Bernard Madoff was arrested for running the largest financial Ponzi scheme in history, defrauding private citizens, retirement funds, and not-for-profit organizations out of billions of dollars.

During George W. Bush's Presidency, the United States impeded global cooperation to lower carbon emissions levels, thereby heightening a general fear over the destructive potential of global warming.

During George W. Bush's Presidency, the United States economy tipped into the deepest economic crisis since the 1920s, hastening experts to describe the housing and financial market meltdown as a potential global economic 'depression.'

During George W. Bush's Presidency, pet food produced in China was discovered as the cause of deaths for American dogs and cats contaminated by toxic melamine, resulting in a nationwide panic.

During George W. Bush's Presidency, ecoli contamination killed multiple people who had ate spinach, tomatoes, and peppers.

During George W. Bush's Presidency, elderly Americans panicked over shortages of flu vaccines.

During George W. Bush's Presidency, the Republican Party ran political commercials claiming that voting for Democratic Party candidates would lead directly to the death and destruction of small town America by terrorists with nuclear bombs.

During George W. Bush's Presidency, fear and hatred of homosexuality reached a fever pitch in American politics.

During George W. Bush's Presidency, the Republican Party ran election campaigns designed to scare Jewish voters into thinking that the election of Democrats would result in another Holocaust.

During George W. Bush's Presidency, civilian planes were hijacked and flown into two of the tallest buildings in the world--the event was broadcast on live television--and when the President was told these events were happening by one of his closest aides, he sat there stone faced and did nothing, while his vice President--Dick Cheney--vanished into an "undisclosed location."

During George W. Bush's Presidency, the country was swept up in fear that terrorists were attacking ordinary citizens by sending the anthrax virus in the form of white powder through the United States Postal system.

During George W. Bush's Presidency, invasive strip searches coupled with racial profiling were introduced to the act of getting onto an airplane.

During George W. Bush's Presidency, a man who looked mentally ill was able to get past airport security, get on a plane, and then light a fuse connected to explosives in his shoes.

During George W. Bush's Presidency, a color-coded system was created to tell Americans via broadcast television that the threat of a terrorist attack was high at all times.

During George W. Bush's Presidency, the Republican Party launched a national campaign to convince the public that the Democratic nominee for president was a covert adherent to radical Islam with covert ties to domestic and foreign terrorists.

During George W. Bush's Presidency--a time lauded and celebrated by the National Rifle Association, who claimed to have "their man in the Oval office"--the largest gun massacre on a university campus occurred at Virginia Tech, resulting in the violent deaths of 5 faculty members and 27 students.

During George W. Bush's Presidency, the CIA at the bequest of Dick Cheney tortured prisoners using techniques in direct violation of U.S. and international law, dramatically increasing the likelihood that captured U.S. prisoners in the future will also be subject to torture.

And that is just to name a few, but you get the point. So, remind me again: How did George W. Bush's policies keep us safe? Call me crazy, but I just do not see it.

To understand what it means for a President to keep us safe, my advice is to ignore Dick Cheney altogether and listen directly to former President Franklin Roosevelt.

In 1941 FDR gave a speech about "Four Freedoms" which spoke directly to the issue of security for Americans and the rest of the world:

In the future days, which we seek to make secure, we look forward to a world founded upon four essential human freedoms.
The first is freedom of speech and expression--everywhere in the world.

The second is freedom of every person to worship God in his own way--everywhere in the world.

The third is freedom from want--which, translated into universal terms, means economic understandings which will secure to every nation a healthy peacetime life for its inhabitants--everywhere in the world.

The fourth is freedom from fear--which, translated into world terms, means a world-wide reduction of armaments to such a point and in such a thorough fashion that no nation will be in a position to commit an act of physical aggression against any neighbor--anywhere in the world.

That is no vision of a distant millennium. It is a definite basis for a kind of world attainable in our own time and generation. That kind of world is the very antithesis of the so-called new order of tyranny which the dictators seek to create with the crash of a bomb.

-- Franklin D. Roosevelt, excerpted from the State of the Union Address to the Congress, January 6, 1941

To be fair, George W. Bush did some good work relative to Roosevelt's list of "Four Freedoms," in particular his dedication of a considerable funds to help fight AIDS in African nations. And yet, in his domestic and foreign policies--most of them designed and pushed by Dick Cheney--George W. Bush shrouded American life in a politics of fear. He did not make us more safe. Using the media and the military, George W. Bush made us more afraid, more anxious, and more concerned for our future. Even worse: he sought to profit politically from the fear he created.

If there is ever ranking of Presidents who made us feel the most safe, I will bet you a gas mask and a roll of duct tape that George W. Bush ends up in last place.

So the next time Dick Cheney repeats his big, fat, stinking lie that George W. Bush "kept us safe," I hope journalists have the wherewithal and the basic decency to laugh out loud.

The rest of us are already laughing.



I'd like to add that during George W. Bush's Presidency a Texas company called Enron was able to manipulate and gain control of the energy markets to such a degree that the state of California is still paying for the bailout of public utility PG&E.

During George W. Bush's Presidency we had record gas prices and companies like Exxon Mobile broke all known records for any corporation ever in regards to profits stolen at the pump from the hard working taxpayer. Windfall profits were generated by the deliberate reduction of production and what clearly represented price fixing in the oil markets.

The Republican hypocrisy regarding torture and going after Pelosi for what she may or may not have known is really galling considering that Polosi even if she did know was powerless to stop the administration, and also considering that her knowing doesn't constitute culpability nor does it lend legitimacy to the actions of an administration that clearly broke the law.

Furthermore the idea that because a lawyer who works for the administration says it's ok so that means it really wasn't torture doesn't pass the most basic of legal principles. Who after all who would stand to gain from a little creative writing and a quasi legal representation of one of the most heinous crimes against humanity? What happened to acting like and American...and this from the group that was very recently accusing the dissenters as being Un-American because they didn't agree with the ones breaking the laws...this is some litmus test for morality, ethics and integrity that they have.

Now to be fair not all "Republicans" agree with the current Republican leadership...but I do find it interesting how statistically speaking the more religious one is...the more they support this vile idea of torture. (more to follow)
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"As I walk throught the valley of the shadow of death I have no fear,
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-Gen. George S. Patton

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Dark Angel
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Post by Dark Angel » Fri May 22, 2009 5:30 am

You know it's kinda funny this little guy reminds me alot of Dick Cheney with regard to his recent stagecraft regarding torture...you'll see why.



Ya he just wants to get away too.
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Post by Gavin Shaw » Fri May 22, 2009 5:32 am

Donald Rumsfeld 'kept ADF in dark'

FORMER US defence secretary Donald Rumsfeld deliberately blocked Australian access to top-secret Pentagon intelligence on Iraq and Afghanistan in defiance of an order from George W. Bush, according to former top US officials.

The Pentagon stalled for nearly two years on the presidential directive of July 2004 giving Australian military planners access to its classified internet system, prompting a formal complaint from John Howard to Mr Bush in 2006.

In a critical assessment of Mr Rumsfeld's tenure at the Pentagon, author and journalist Robert Draper cites a number of instances of the Pentagon boss finding ways to stall decisions made by the administration.

Writing in GQ magazine, Draper asserts that Mr Rumsfeld held up the implementation of the 2004 presidential order granting the US's two closest allies, Australia and Britain, access to the Pentagon's SIPRNet or classified internet system.

Mr Bush signed the directive which stipulated that laws preventing foreign powers from seeing highly classified intelligence would no longer apply to Australia and Britain when they were planning for combat operations, training with the Americans or engaged in counter-terrorism activities.

The Pentagon's Secret Internet Protocol Router Network contains intelligence assessments, detailed operational plans and other classified data on US military planning, and normally carries the security warning "NOFORN", or not for foreigners.

Australian defence leaders had continually pressed for access to SIPRNet from the lead-up to the Iraq war in 2002, regarding the intelligence sharing issue as critical to their involvement.

Draper quotes a former senior Bush aide as saying Mr Rumsfeld always had what sounded like good reasons for delaying the accord. "But I had a lot of back channels and found out that it was being held up," the Bush adviser told Draper.

Mr Howard yesterday confirmed to The Australian that he had raised the issue directly with Mr Bush in 2006.

The former prime minister said he and Mr Bush had reached agreement on higher Australian access to sensitive US military intelligence in 2004.

"It wasn't implemented as quickly as I thought it should have been," he said. "You accept a certain modest delay in the implementation of these things. But it was longer than a modest delay and that's why I complained."

Mr Howard said he had no knowledge of any part Mr Rumsfeld may have played in delaying the implementation of the US president's instruction.

His dealings with Mr Rumsfeld had always been very amiable, he said. "I like Rumsfeld and we have remained in contact since. I had no way of knowing what was holding it up."

Mr Howard said he had assumed the US system was the cause of the delay.

Asked how the Pentagon glitch affected relations between the two allies, he said he understood there had been no further problems when it came to intelligence sharing on the war in Afghanistan. "It is something that, given that there was an agreement between the president and the prime minister, should have happened earlier. That's why I complained," Mr Howard said.

-------------------------------------------------------------

Seems like there was a push by certain guys to not keep Aussies safe even when they are putting their lives on the line right beside your own soldiers.
This signature comment has been censored by the ACMA as being politically inconvenient.

No Australian Government Internet Filter

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Labbie
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Post by Labbie » Fri May 22, 2009 12:05 pm

Actuallu DA, Enron did all the bad stuff during Clinton's administration, The Bush administration is who caught Enron's bad deeds.

I know this because I got caught up in it since I was working for Arthur Andersen (the auditor that was fooled) so you (and the completely biased Huffington Post) trying to change history does not make it so.
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Post by Dark Angel » Fri May 22, 2009 1:15 pm

Labbie wrote:Actuallu DA, Enron did all the bad stuff during Clinton's administration, The Bush administration is who caught Enron's bad deeds.

I know this because I got caught up in it since I was working for Arthur Andersen (the auditor that was fooled) so you (and the completely biased Huffington Post) trying to change history does not make it so.
eh...that's arguable http://en.wikipedia.org/wiki/Enron

Were they involved in stuff going back further...yes by all means and i'm very sure that it likely started back in daddy Bush's days if one were to trace the ground work that this was built on back far enough...but when did it come to light...when did everyone figure out that the books were being cooked and when did the cover up take place...on Bush's watch...lets not forget that Enron was one of the major campaign contributors for Bush...as for Arthur Andersen being "fooled" I hardly think so...but then that could be argued too I'm sure. Even if one takes Enron out of the picture the last administration had a stellar record of "keeping us safe". :smt005
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-Gen. George S. Patton

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Post by Labbie » Fri May 22, 2009 7:31 pm

Dark Angel wrote:
Labbie wrote:Actuallu DA, Enron did all the bad stuff during Clinton's administration, The Bush administration is who caught Enron's bad deeds.

I know this because I got caught up in it since I was working for Arthur Andersen (the auditor that was fooled) so you (and the completely biased Huffington Post) trying to change history does not make it so.
eh...that's arguable http://en.wikipedia.org/wiki/Enron

Were they involved in stuff going back further...yes by all means and i'm very sure that it likely started back in daddy Bush's days if one were to trace the ground work that this was built on back far enough...but when did it come to light...when did everyone figure out that the books were being cooked and when did the cover up take place...on Bush's watch...lets not forget that Enron was one of the major campaign contributors for Bush...as for Arthur Andersen being "fooled" I hardly think so...but then that could be argued too I'm sure. Even if one takes Enron out of the picture the last administration had a stellar record of "keeping us safe". :smt005
Major campaign contributor or not, they were still caught and convicted under Bush's watch, so your implication of Bush "not keeping us safe" is faulty on this point.

As for Andersen being fooled, many Enron exec's were proud and admitted to "fooling" the auditors. What took Andersen down was the arrogance of the chairman and his stooges, thinking, in essence, "they were too big to fail".
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Post by Dark Angel » Sat May 23, 2009 11:56 am

Really...LMAO...you don't say



Yellow for Enron actions leading to their failure
Green for the color of money follow the money for insight into who knew what when.
Orange for my comments
Red for actions by either Enron or the Bush administration that directly or indirectly led to the US being less safe
Grey for Government action/investigation
Purple for Arthur Anderson's actions and statements...this is very telling


1985

Kenneth Lay seizes control of Omaha-based Internorth. Internorth was a much larger, diversified energy company in Omaha, NE which had bought Lay's company, Houston Natural Gas. Through questionable means, Lay was able to get just enough director votes to win power. He swore to the employees that the company would remain in Omaha but a few months later he moved it to Houston.

November: Kenneth Lay is appointed Chairman and Chief Executive Officer of the combined company. Lay and his secretary Nancy McNeil chose the name ENTERON which is derived from the Greek term for intestine. This association with a gas company with a lot of pipeline was laughable. Later, the company chooses the name "Enron" after rejecting "Enteron". Nancy McNeil is now married to Rich Kinder who was Lays number two man at ENRON.

1986

Under Lay there was a long succession of business failures and missteps and according to many financial analysts, the company was swimming in debt. Lay sells off several profitable operations including Northern Petrochemical, PEAK anti-freeze, EVAL resins which makes plastic food packaging possible and brought in silent partnerships in Northern Liquid Fuels, Northern Natural Resources and Northern Engineering, Enron Oil Trading and Transport, Enron Exploration and Enron Cogeneration thus hiding burgeoning debt. Many layoffs and assets sales follow.

1987

Lou Borget of Enron Oil Trading is convicted of money laundering and fraud costing Enron shareholders about sixty-four million dollars. Mike Muckleroy, Enron Vice Chairman, later testifies in "The ENRON Movie" that Lay strongly supported and encouraged the Borget operation. Several high level Enron execs "fall on their swords" for Lay including Mick Seidl.

1988

The Socialist government of Peru seize Belnorth holdings in that country which are owned by Enron. The insurance companies that guaranteed those assets return the premiums to Lay citing questionable dealing in the country. A settlement is negotiated for far less than the insured amount. Irwin Jacobs of Minneapolis makes an arbitrage effort against ENRON. Lay seizes funds from the employee stock ownership program to buy back Jacobs stock giving Jacobs a huge profit and then freezes the ESOP for seven years denying employees access to their stock.

1990

Jeff Skilling joins Enron Corp after leaving the failed bank, First City Bank of Houston which was seized by the FDIC for insolvency.

1993

April: Enron's Teesside power plant in England begins Operation, one of the first big successes for the company's international strategy. The international strategy included propane processing and marketing in Venezuela and Puerto Rico and a manufacturing partnership with GE in South America.

December: Enron and Maharashtra reach agreement to build the massive Dabhol power plant which never operates when ENRON is still in business. There are reports that ENRON uses thugs to intimidate Indian political opposition to the deal. Tom White, the first BUSH Secretary of the Army, is involved in the scandal and later is accused of cooking the books at ENRON ENERGY SERVICES and lying to Congress about his Enron holdings.

1994

Enron conducts its first electricity trade.

1996

CFO Andrew Fastow constructs off-book entities in which Enron would make deals with these companies and then Enron would transfer its debt into those companies while at the same time, Fastow and other Senior execs, with their respective companies, would also be taking money out of those companies from the Enron transactions.

Chief Operating Officer Richard Kinder announces that he'll leave the company. In December, Skilling Becomes Enron's President and COO.

1997

Andrew Fastow creates Chewco (managed by Enron's Michael Kopper) in an effort to hide debt and inflate profits, but Chewco doesn't meet requirements to keep it off Enron's balance sheet.

Enron closes its acquisition of Portland General in a 2 billion dollar stock swap.

1998

Enron enters into several capital intensive ventures that turn into financial disasters including a water distribution scheme and power plants in Brazil.

Enron promotes Andrew Fastow to CFO.

Enron buys Wessex Water, a British water utility. Wessex become Enron's new water unit, Azurix.

1999

Enron board of directors waive conflict of interest rules in order to allow Andrew Fastow to run private companies that do business with Enron. He creates LJM that buys poorly performing Enron assets. In reality, LJM is used to hide debt and inflate profits for Enron in order to prop up its stock price. It is believed that this is the beginning of the complex and questionable accounting practices that lead to Enron's demise.

Enron withdraws from oil and gas productions by divesting its remaining stake in Enron Oil & Gas.

Enron announces the launch of EnronOnline, its internet-based commodity trading.

2000

Enron launches EnronCredit.com which buys and sells credit risk to help companies manage the risk in trading.

Enron and Blockbuster announce a 20-year deal to provide video-on-demand service over high-speed internet. Eight months later the deal was terminated.

Azurix Chairman Rebecca Mark "Mark the Shark", resigns.

March Enron CEO Kenneth Lay allegedly files fraudulent annual 10-K for 1999

March 13 Jeffrey Skilling allegedly signs fraudulent letters to Arthur Andersen LLP about 1999 financial data.

July Enron allegedly issues a 64 pages booklet, containing a comprehensive Code of Ethics

August Enron CEO Kenneth Lay allegedly files fraudulent quarterly 10-Q for second quarter 2000

November 1 Enron CEO Kenneth Lay allegedly begins selling Enron shares.

November Enron CEO Kenneth Lay allegedly files fraudulent quarterly 10-Q for third quarter 2000

2001

January 8 California governor Gray Davis calls Enron and other energy companies "out-of-state profiteers" during the 2000 California energy crisis.

January 17 Enron engineers a rolling blackout during peak demand in California, endangering millions of Californians, creating huge debts. (Revealed in 2004 in the Enron Trader Tapes)

January 20 The inauguration of George W. Bush is attended by Enron CEO Kenneth Lay and president Jeffrey Skilling, who each make $100,000 contributions for the event.

January 22 Jeffrey Skilling commits securities fraud by omitting bad news and lying to investors.[/yellow]

January 25 Jeffrey Skilling makes false presentation to investors.

February 5 Enron executives get bonus checks for millions of dollars.

Arthur Andersen auditors internally question the LJM partnerships.

February 6 Enron is named "most innovative company in America" for the sixth consecutive year by Fortune Magazine.

At this point nothing has hit the fan even Fortune Magazine didn't have a clue

February 12 Skilling is named CEO.

Arthur Andersen tells the Enron board of directors audit committee that they have no concerns.

February 22 Lay and other Enron officials go to the White House to meet with the Dick Cheney energy task force.

March 5 Fortune Magazine publishes article, "Is ENRON Overpriced?" written by Bethany McLean.

March 7 Lay and other Enron officials meet with the energy task force of Vice President Dick Cheney.

March 8 Enron lawyer Jordan Mintz sends a memorandum questioning the LJM partnerships to Enron chief risk officer Richard Buy and chief accounting officer Richard Causey.

March 26 To cover problems in the Raptor partnerships, Enron repurchases Chewco's investment in JEDI for $35 million, netting Enron executive Michael Kopper over $10 million.

April 17 Enron announces a first quarter profit of $536 million.

Lay and other Enron officials meet with Vice President Dick Cheney.

May 5 Enron's stock price closes below $59.78, a critical point for one of the partnerships.

May 17 The energy task force issues its report, which endorses some of Enron's proposals.

May 18 Chief executive of Enron Xcelerator Lou Pai sells 1.1 million Enron shares over the next 21 days.

May 22 Jordan Mintz sends a memorandum to Jeffrey Skilling for his sign-off on LJM paperwork.

June 6 Enron general counsel Jim Derrick sells 160,000 Enron shares over the next ten days.

June 12 Skilling jokes about the California electricity crisis at a Las Vegas conference.

June 21 Skilling is hit in the face with a pie during a visit to California.

July 13 Chief executive of Enron Broadband Services Ken Rice sells 386,000 Enron shares.

July 23 Enron's stock price closes below $47, a critical point for the Raptor partnerships.

July 27 Director Robert Belfer sells 100,000 Enron shares.

August 7 Officials from a German Enron subsidiary meet with the Dick Cheney energy task force.

August 14 Citing "personal reasons," Skilling resigns as CEO. Lay replaces him, stating "Absolutely no accounting issue, no trading issue, no reserve issue, no previously unknown problem issues" are involved.

August 15 Sherron Watkins, a vice president for corporate development, puts a one-page letter in Lay's suggestion box, questioning Enron's accounting practices.

August 16 Lay discusses Skilling's departure with employees.

August 20 Watkins phones a former co-worker at Arthur Andersen about her worries.

Lay exercises 25,000 share options at $20.78 ($519,000 total value); the stock closes at $36.25. One of Lay's lawyers states later that some of the stock was used to repay an Enron line of credit.

August 21 Lay emails employees, stating "one of my highest priorities is to restore investor confidence in Enron. This should result in a significantly higher stock price."

He exercises 68,620 share options at $21.56 ($1,479,477 total value); the stock closes at $36.88. One of Lay's lawyers states later that Lay never sold the shares, which are now practically worthless.

David B. Duncan, the lead partner on the Enron account for Arthur Andersen, meets with three other AA officials to discuss the Watkins call. A memo states they "agreed to consult our firm's legal adviser about what actions to take."

August 22 Watkins meets with Lay, giving him a seven-page letter stating that Enron may be an "elaborate accounting hoax," and advises him not to involve Vinson & Elkins, Enron's law firm, because of potential conflicts of interest.

V&E is asked if an inquiry is necessary, but told not to bother "second-guessing the accounting advice and treatment."


September 17 Jeffrey Skilling sells 500,000 Enron shares.

September 21 Director Robert Belfer sells 109,000 Enron shares.

September 26 Lay tells employees that Enron's accounting practices are "legal and totally appropriate," that Enron stock is "an incredible bargain," that he and other executives have bought Enron stock in the last two months, and that "the third quarter is looking great" in an online forum.

October 9 Arthur Andersen hires the Davis Polk & Wardwell law firm to prepare a defense for the company.

October 10 Enron officials discuss energy policy with staff of Vice President Dick Cheney.

October 12 An Arthur Andersen lawyer in Chicago, Nancy Temple, emails an Andersen partner in Houston, Texas, Michael Odom, reminding him of the Andersen document retention and destruction policy. He forwards the email to a co-worker.

October 15 Vinson & Elkins deliver a report which states that Arthur Andersen approved of Enron's accounting procedures, and that Enron did nothing wrong.

October 16 Enron announces a third quarter loss of $618 million.

October 17 To correct an accounting error on the Raptor partnerships devised by CFO Andrew Fastow, Enron's assets (shareholder equity) are reduced by $1.01 billion.

The Enron 401(k) retirement plan is frozen for administrative changes.


October 22 Enron announces that the U.S. Securities and Exchange Commission (SEC) has begun an inquiry into Enron's accounting practices with its partnerships.

The Arthur Andersen partner in charge of the Enron account, David B. Duncan tells the audit managers to comply with the Andersen document retention policy, and observes them doing so by shredding documents.

October 23 Lay reassures investors in a conference call, asserting there was no conflict of interest with the Raptor partnerships and that the directors on the board "continue to have the highest faith and confidence" in Fastow.

David B. Duncan organizes a meeting of the Enron account group to speed up the document destruction, according to testimony by Arthur Andersen managing director Dorsey Lee Baskin Jr..

October 24 Andrew Fastow is forced to leave Enron.

October 25 Enron sends an email to all employees and to Arthur Andersen stating that all pertinent documents should be preserved.

October 26 Lay makes phone call to Alan Greenspan, chairman of the Federal Reserve, about Enron.

Lay meets with Dynegy chairman Charles Watson.

October 28 Lay talks to Paul H. O'Neill, Secretary of the Treasury. O'Neill tells Peter Fisher, Treasury Under-secretary to look into Enron. Fisher talks with Enron president Greg Whalley repeatedly over the next few days. Whalley, according to Fisher, implies that he would like Fisher to ask Enron's creditors to extend its credit. Fisher doesn't.

This was a very smart move on his part...the administration is now distancing themselves

October 29 Lay asks Donald L. Evans, Secretary of Commerce, for help with an upcoming credit rating review by Moody's Investors Service. Evans does nothing, and Moody's downgrades Enron's rating.

The distancing continues

October 31 Enron announces that the SEC inquiry is now a formal investigation.

November 8 Enron announces it overstated profits by $586 million over five years.

Lay calls O'Neill again, comparing Enron to Long-Term Capital Management.

The SEC subpoenas Arthur Andersen officials.

November 9 Dynegy announces it will acquire Enron for $9 billion.

Nancy Temple leaves a voice message for David B. Duncan ordering the preservation of all Enron documents. His assistant sends an email to other assistants to "stop the shredding".

November 19 Enron announces the payment of a $690 million note is nearly due as a result of the descent of its credit rating.

November 28 Dynegy retracts its acquisition offer.

November 29 The SEC begins investigating Arthur Andersen.

December 2 Enron files for bankruptcy.

December 3 Enron lays off 21,000 in Houston.

December 12 In testimony before Congress, Arthur Andersen CEO Joseph Berardino states that Enron might have violated securities laws.

Guess that was the biggest understatement of that year

2002

January 9 The U.S. Justice Department confirms reports that it has begun a criminal investigation into Enron's bankruptcy.

January 10 Arthur Andersen states that it destroyed Enron documents. Congressional investigators state the destruction occurred from September to November.

January 14 Arthur Andersen releases communications documents detailing Nancy Temple's involvement in the document destruction.

January 15 Arthur Andersen announces that it fired David B. Duncan and put three partners on administrative leave.

January 20 On Meet the Press, Arthur Andersen CEO Joseph Berardino states the document retention policy was "not to shred documents, not to eliminate documents if you have a reasonable basis to anticipate investigation."

The subcommittee on Oversight and Investigations questions Arthur Andersen witnesses on January 24, 2002.

January 22 Enron executive Maureen Castaneda states that Enron had been shredding documents in its Houston headquarters the previous week.

January 24 The United States House Energy Subcommittee on Oversight and Investigations (107th Congress) questions Arthur Andersen witnesses including Nancy Temple and David Duncan.

January 25 Former Enron executive J. Clifford Baxter found dead from apparent suicide.

February 27 Connecticut Democrat Joseph Lieberman publicly criticized Wall Street Analysts: "It seems clear that too many analysts failed to ask 'why' before they said 'buy'"

May 3 Enron proposes to set up a new company temporarily called OpCo Energy Company. If approved, OpCo will have Enron's core assets, including 15,000 miles of pipeline assets, 75,000 miles of distribution assets, 6,700 megawatts of generation, and 12,000 employees.

July 15 Snohomish County Public Utility District (PUD) sues 11 power generating and marketing companies, including Enron, for conspiring to create artificial power shortages in 2001. Snohomish County PUD also cancels a $200 million purchase contract with Enron.

August Enron demands that Snohomish County PUD pay it $122 million for canceling its purchase contract. The PUD responds with the claim that the contract was void because Enron was involved in fraudulent business practices to drive up prices.

August 13 FERC launches a formal investigation into potential misconduct in the power generating and marketing industry.

Guess they were asleep at the wheel too...or just clueless

2003

February 19 A grassroots movement in Portland, Oregon submits enough signatures to qualify a measure for an election to decide whether to begin the process of converting Enron subsidiary Portland General Electric (PGE) into a PUD.

March 17 Merrill Lynch, its four former executives and the SEC agree to settle the Enron security fraud case for $80 million. It is one of the five largest penalties imposed on security-related civil cases.

Funny that we should see Merrill Lynch involved...in two scandles both during the same administration

March 19 Enron Board of Directors approves to keep its three pipeline companies, Transwestern Pipeline Company, Citrus Corp., and Northern Plains Natural Gas Company, as subsidiaries of the new company temporarily called PipeCo.

May 9 Enron Board of Directors approves retention of most overseas power plants, pipelines, and utility businesses as subsidiaries of a new company temporarily called InternationalCo.

June 25 FERC upholds as binding billions of dollars in long-term contracts signed by western utilities and the state of California. Enron announces the formal organization of PipeCo as CrossCountry Energy LLC.

June 25 Enron announces formal organization of InternationalCo as Prisma Energy International Inc.

July 11 Enron files its bankruptcy reorganization plan.

September 10 Treasurer Ben Glisan, Jr. pleads guilty to conspiracy to commit securities fraud. He is the first Enron executive to serve prison time.

November 5 Voters in the Portland, Oregon metro area defeat a measure that would begin the process of converting Enron subsidiary PGE into a PUD, after both local utility companies, Portland General Electric and PacifiCorp, spend $1.9 million on advertisements to defeat the measure.

November 18 Enron announced that it was selling its subsidiary PGE to a group of investors headed by former Oregon governor Neil Goldschmidt and funded by Texas Pacific Group for $2.35 billion. Goldschmidt had been a visible opponent of the measure to convert PGE to a Public Utility District.

December Enron subsidiary PGE agrees to pay $8.5 million to settle a case involving illegal trading practices, while admitting no wrongdoing. $1.3 million of the payment will go to the state of Oregon.

2004

January 6 A New York judge gives his initial approval to Enron's plan for bankruptcy reorganization. Under this plan, creditors would receive $11 billion in cash and stock.

January 14 Andrew Fastow and his wife Lea Fastow, both accept a plea agreement. Andrew Fastow will serve a ten-year prison sentence and forfeit $23.8 million. Lea Fastow, former Assistant Treasurer for Enron, will serve a five-month prison sentence and a year of supervised release, including five months of house arrest. Both provided testimony against other Enron corporate officers.

January 22 Richard Causey was indicted on federal wire fraud and conspiracy charges for his activities at Enron between 1998 and 2002 in Houston, Texas. While prosecutors do not believe he skimmed millions of dollars from the numerous suspicious deals, he is believed to know details of many of them. Causey has pled not guilty.

February 11 Jeffrey Skilling was arrested by the Federal Bureau of Investigation, and charged a few days later with 35 counts of fraud, insider trading, and other crimes.

April 7 Lea Fastow withdraws her guilty plea after a federal judge rejected her plea agreement. Her trial was scheduled for June 2, 2004.

June 24, 2004 Enron announces sale of CrossCountry Energy LLC to CCE Holdings Inc., a joint venture of Southern Union Company and GE Commercial Finance Energy Services for $2.35 billion.

May 18 Voters in Clackamas County, Oregon defeat a measure that would begin the process of converting Enron subsidiary PGE into a PUD.

June 14 Snohomish County PUD releases audiotapes and documents providing evidence that Enron manipulated the energy market.

July 7 Former Enron CEO Kenneth Lay is indicted by a United States federal grand jury on unnamed charges. Lay announces that he will surrender to authorities the following morning.

July 12 Lea Fastow begins serving her maximum one year sentence after turning herself in at the federal detention center in downtown Houston.

September 9 Federal bankruptcy judge Arthur Gonzalez denies Enron's request to block a lawsuit by the Pension Benefit Guaranty Corporation, seeking to take control of Enron's pension plans. The Pension Benefit Guaranty Corporation filed a lawsuit in June to force Enron to pay approximately $320 million owed to former employees under four pension plans.

November 3 Former Enron finance director Dan Boyle and former Merrill Lynch bankers Daniel Bayly, Robert Furst, William Fuhs and James Brown are each convicted of one conspiracy count and two counts of wire fraud and face up to 15 years in prison

December 1 GE Commercial Finance and Southern Union complete purchase of CrossCountry Energy.

2005

April 18 Enron Broadband trial begins.

May 31 U.S. Supreme Court overturns former Arthur Andersen conviction.

July 20 Jury in Enron broadband trial acquits three of five defendants. Deadlocks on most of the 164 counts. Five defendants retried in separate trials in 2006.

December 12 U.S. District Court Judge for the Southern District of Texas Melinda Harmon approves change of plea by David Duncan after unanimous overturn by U.S Supreme Court of Arthur Andersen LLP v. United States.

December 28 Richard Causey pleads guilty to securities fraud.

2006

January 30 The trial of Kenneth Lay and Jeffrey Skilling.

April 3 Portland General Electric becomes an independent, publicly traded utility with the transfer of ownership from Enron to its creditors.

May 25 Kenneth Lay found guilty by a jury on six counts and by a judge on four other counts in a separate bench trial, and Jeffrey Skilling found guilty of 19 of 28 counts.

July 5 Before sentencing, Kenneth Lay dies of heart attack in Aspen, Colorado at the age of 64.

July 6 Enron settles Enron Merrill Lynch case for $29.5m

And here is Merrill Lynch again

September 7 Enron completes sale of Prisma Energy International to Ashmore Energy International Ltd. for $2.9 billion. Prisma returns shareholding in Promigas to Enron.

September 27 Andrew Fastow's ten year prison sentence is reduced by four years. US District Judge Ken Hoyt said the 44-year-old former Enron chief financial officer had given 'exceptional' assistance to prosecutors, had pledged to help victims and had shown remorse, and his wife had gone to prison for a year.

October 17 All of Lay's convictions are officially vacated because he died before the appeals could be heard.

October 23 Jeffrey Skilling is sentenced to 24 years, 4 months in prison. Reports to prison on December 13, 2006 to serve his sentence.

2007

January 3 Enron completes sale of shareholding in Promigas to Ashmore Energy International.

January 19 Enron treasurer Ben Glisan, Jr. finishes his prison term and is released.

February 16 The Justice Department decides not to appeal to the Supreme Court the charges thrown out by the 5th U.S. Circuit Court of Appeals against Daniel Bayly, Merrill Lynch's former head of investment banking; James A. Brown, former head of the firm's asset lease group; Robert Furst; and a fourth former Merrill executive, William Fuhs. All men were involved in the Enron scandal.

March 1 Enron changes corporate name to Enron Creditors Recovery Corporation, doing business as Enron Corporation.

April 4 A judge announces that three former Merrill executives involved in the Enron scandal, Daniel Bayly, James A. Brown, and Robert Furst, will be retried on the charges thrown out by the 5th U.S. Circuit Court of Appeals in 2006. The retrial is scheduled for January 2008. Charges against former Merrill executive Fuhs were dismissed for lack of evidence and cannot be retried. The fifth man, Enron executive Dan Boyle, originally sentenced to a term of 3 years 10 months, remains in prison.

2008

February 22 A federal judge sentenced three British bankers (David Bermingham, Giles Darby and Gary Mulgrew) to 37 months each for fraudulent financial transactions conducted by Andrew Fastow.


So lets recap...

As one can see from the above time line of events we had some issues with the administration that clearly did not leave the nation safer.

First in December of 1993 the First Bush Secretary of the Army is accused of cooking the books for Enron and Lying before congress yet somehow he becomes Bush's Secretary of the Army in 2001.

Lets not forget that on February 22 2001 The first of many meetings took place with the Bush Administration conducted on their so called energy task force...laying the groundwork for massive profiteering and consumer fraud...and leading to a fundamental weakening of the security of the US as a result by increasing dependence on oil...this was the grand notion that the ones in the business would make sound policy decisions with regard to national energy policy and not go for the direct money grab...this has been laid at the feet of the administration...for letting big business set policy...it's the proverbial fox in the hen house. This continues through October 10 2001 even after the committee had released it's findings and proposals.

I will say this in March-August 2000 (yes during the Clinton years) Ken Lay starts filing false documentation with the SEC to cover up some colossal failures in business...criminal...yes...but evil...not yet. So counter to your statement the bulk of the what occurred happened after Bush was in office...when on January 17 2001 Just three days before Bush takes office Ken Lay crosses into evil territory subjecting California to the first of many Class 3 rolling blackouts and putting millions of people at risk.

I find it fascinating that nobody picked up on this in the administration...starting in November 2000 Ken Lay starts insider trading knowing full well the state of Enron by selling shares of a doomed company before anyone had a track on what was going on...it was akin to rats fleeing a sinking ship as the selling happened within months for most of the executive management...it's very interesting to follow the money and who profits from it yet the SEC didn't pick up on this...in fact it wasn't until a year later on October 22 2001 Enron announces they are being investigated by the SEC...at the same time Arthur Anderson is working a a fevered pace to destroy evidence...in fact speeding up the process....

So now that brings up the fiduciary responsibilities of Arthur Anderson who on February 5 2001 gets the scent that something might not be quite correct when it comes to Enron's accounting practices...this is interesting because on February 12 2001 they tell the Enron board of directors audit committee that they have no concerns and here begins the saga of Arthur Anderson and their following cover up.

August 15-21 2001 Arthur Anderson finally starts to see what they've know for quite some time that not all is well with Enron...and they start consulting their legal counsel...At this point they know that Enron is committing fraud and they had a responsibility to correct the issue or flag it to the stockholders, to the board, (who seemed to be complicit because they allowed the conflict of interest issue to be dropped allowing Enron executives to start down the path way back in 1999 likely because it would boost stock prices artificially to offload some of the debt that Enron had) and to the regulators. Did they do it at this time...nope.

October 9 2001 Arthur Anderson knows it's in trouble and hires a legal defense firm to start preparing a legal defense.

October 12 2001 Knowing full well that there is an issue with Enron Arthur Anderson under veiled advice from a lawyer starts destroying the paper trail...now you have to ask why would a company cover Enron's tracks when it could vindicate them on their legal defense...?

On October 23 2001 Arthur Anderson executives are working to speed up the destruction process...and in January 2001 Arthur Anderson is is full back peddle mode trying to recover their footing as they are being investigated.

What really is amazing is the FERC doesn't lift a finger until much later when nearly the whole thing is in the open...then they rule in favor of Enron with regard to and against California costing taxpayers Billions of dollars and frankly contributing to the financial crisis that is happening even today with the California state budget.

FERC the group that was supposed to be a watch dog for the energy market...yet it was the SEC that figured it out first...what rolling blackouts weren't enough of a red flag.

So safe...no...Bush did not keep us safe...like wise most of the disaster of Enron...like 99% of it happened on Bush's watch...and it wasn't the Government that figured it out...not unless you consider the huge red flags of hey we overstated by more then half a billion all the while buying back bad debt and calling nearly every major player in the Fed and Treasury trying to get a favor while it was obvious at this stage to everyone that Enron was circling the drain...ya they finally took notice then, not a year prior when the executive management was selling stock like crazy in every instance before a down turn and against their public positioning of the companies strength and solidity. The filing of bankruptcy by Enron was just the icing on the cake.

I still say Bush didn't keep us safe, Enron had kicked the chair out from under themselves and were hanging by the noose when the Bush administration "found them", and Arthur Anderson was honestly complicit with what was going on in Enron...while completely disregarding their fiduciary responsibilities.
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"As I walk throught the valley of the shadow of death I have no fear,
because I'm the meanest M***** F***** in the whole valley."
-Gen. George S. Patton

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