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| Open Discussion Discuss Anyone who still believes in deregulation should watch this at the General Forum; It's free Hulu - Enron: The Smartest Guys in the Room - Watch the full movie now.... |
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"You have enemies? Good. That means you’ve stood up for something, sometime in your life." - Winston Churchill
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How is that derailing. It's relevant.
You say the fact these guys were dirty dogs and wanted to deregulate stuff that impeded them is important. I say, yes they were dirty dogs, but they were for a thing that if passed would have been the most intrusive network of regulatory mismanagement ever. They supported the global warming fraud. That's where a ton of misguided regulation spring from. They supported regulation if they saw a way to make a buck from it. That's relevant. Don't pick a fight with your title then whine when you get one. |
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A huge part of the reason they were allowed to do these things and get away with it was deregulation.
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"You have enemies? Good. That means you’ve stood up for something, sometime in your life." - Winston Churchill
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![]() BP, Enron and Cap and Trade
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A gun in the hands of a free man frightens and angers the autocrat, not because he fears the power of the gun, but, rather, the spirit of the man who holds it. ANONYMOUS
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The deregulation had little to do with the criminal activities of Enron. What they did was still against the law either way.
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"I swear- by my life and my love of it- that I will never live for the sake of another man, nor ask another man to live for mine"- Ayn Rand, Atlas Shrugged Republicans believe every day is the Fourth of July, but the democrats believe every day is April 15. ~ Ronald Reagan |
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Though the show is decidedly not about deregulation itself it clearly shows that that was the ignition that had to take place before the engine of things like Enron could do their run. It also explains exactly what happened in the California black outs, which is something I didn't clearly understand before.
__________________
"You have enemies? Good. That means you’ve stood up for something, sometime in your life." - Winston Churchill
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