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PKRWUD · 01-21-2002, 01:49 AM

While I feel very sorry for the employees of ENRON who got screwed by their employer, I have no such feelings for the company itself.

They were one of the main companies that raped California last year by charging 700% more than they paid for energy that was created in California and then resold there. Even the Federal Government ruled that what they were doing was unfair. They were also among the main financial contributors to the proposition that was passed trying to deregulate the electric companies here, which eventually paved the way for their tactics.

I admit, we Californians made the mistake of believing them when we passed that proposition, but we were just trying to do what we believed was best for everyone. No other states had tried it yet, so we didn't have any other examples to go by. At the time, California ranked 49th in energy use per capita, which means 48 other states used more energy per person, than did California, yet we got stuck paying the most for it. The worst part was that the energy they were selling us originated right here, in California. We ended up conserving even more, and didn't have to deal with a single blackout all summer, but the fear was there.

In any case, their demise seems a fitting end to the story.

Thanks for letting me share.

Take care,
-Chris

01-21-2002, 01:49 AM	#1
PKRWUD Junior Member Join Date: Mar 1999 Location: Ventura, California Posts: 8,981	ENRON: Got what they deserved. While I feel very sorry for the employees of ENRON who got screwed by their employer, I have no such feelings for the company itself. They were one of the main companies that raped California last year by charging 700% more than they paid for energy that was created in California and then resold there. Even the Federal Government ruled that what they were doing was unfair. They were also among the main financial contributors to the proposition that was passed trying to deregulate the electric companies here, which eventually paved the way for their tactics. I admit, we Californians made the mistake of believing them when we passed that proposition, but we were just trying to do what we believed was best for everyone. No other states had tried it yet, so we didn't have any other examples to go by. At the time, California ranked 49th in energy use per capita, which means 48 other states used more energy per person, than did California, yet we got stuck paying the most for it. The worst part was that the energy they were selling us originated right here, in California. We ended up conserving even more, and didn't have to deal with a single blackout all summer, but the fear was there. In any case, their demise seems a fitting end to the story. Thanks for letting me share. Take care, -Chris __________________ Webmaster: Rice Haters Club Jim Porter Racing Peckerwoods Pit Stop Support Your Local RED & WHITE!