Bush's Enron Letters

I did a search, and couldn't find if these have been posted before. Plus, I am up way too early in the morning and extremely bored.

Here are some letters between George W. Bush and Kenneth Lay, the ex head of Enron. They are an interesting read. Enjoy.
LETTER 1:

LETTER 2:

LETTER 3:

LETTER 4:

LETTER 5:

LETTER 6:

LETTER 7:

LETTER 8:

Sorry parts of them were cut off by the sizing. I didn't want to shrink them for fear the print would become too small.

I assume there's a point here somewhere.

that our president is great friends with a complete crook with bad penmenship...

that's what i get from it...

Another retarded thread with no point.. So should we check Kerry's letters with that one guy who wanted to assainate politicians who were for the vietnam war.. Jesus ..

Or should I post my letters from martha stewart?

sorry my grammer is poor but this thread got by blood running

sure post your letters from martha stewart why not?

Not really sipposed to be any kind of point from it. Just something I came across that I found interesting. Boredom coupled with lack of sleep.

Does Martha talk dirty in the letters, because that would be a hoot?

[Edited on Jul 29, 2004 by Valen]

Yes.. She is a dirty bitch..

The point is that our president is friends with a criminal!!

Yeah, this thread is really lame. Personally I'd consider it a crime to have letters back and forth with George W. too, but there are much more important things to charge Ken Lay with...
Oh wait. I get it.


(edit: moronic typo)

[Edited on Jul 29, 2004 by misguided]

Have you ever known for a politician to NOT try to distance himself from something like that? These letters only show that there was some coorespndence, and a friendship between the two men. We don't know yet what all Lay really knew. For all we know he was a figurehead in the company completely oblivious to what was going on within his board. If so he is a complete and total moron. But I don't see how this is bad for Bush. Did he KNOW of the misconduct inside Enron? I don't think anybody has so much as hinted to that. Now if he knew of it, then this friendship thing would have some merit, but as it stands, this is truly a non-story.

lol, and that seems to be the whole point of it. It seems that when folks are running low on things about Bush to bitch about, they search new things out. We get it, you hate Bush. I just find it odd that there seems to be a constant need to feed the fire of that hate.

New Rules of Engagement: Kill 'em with kindness!!
"They drew a line to keep me out, heretic, rebel, a thing to flout. But love and I had the whitt to win, we drew a line that took them in"---anonymous

starkmadd said:
Have you ever known for a politician to NOT try to distance himself from something like that? These letters only show that there was some coorespndence, and a friendship between the two men.QUOTE]

I don't recall the last time
I got a Christmas gift from George W. I'd say they were pretty damn close.

s5, would you and Olivia please implement a feature that allows us to insert this exact quote into any CE thread at any time?

The irony is thick in this comment. The fucking Republicans were trying to impeach Clinton before he was even sworn in. In the end, all they could do was spend millions of taxpayer dollars investigating his sex life. The reality of the matter is the following (and these are FACTS):

- Bush was elected with a minority of the popular vote by virtue of shady electoral business in a state of which his brother is governor.

- Our economy has become unstable has experienced negative growth as a result of Bush's regressive tax cuts for his wealthy friends. In addition, he has grown the deficit and can't balance a budget.

- Bush lied to our country and the world about Iraq.

- Bush botched the Iraq war by not having a plan for what to do after we ousted Saddam.

- Bush has lied about and covered up his lack of military service during the Vietnam era.

- Bush and his family have ties to several notorious criminals, including Ken Lay and the Bin Ladan family.

- Bush and Cheney are now involved in a deeply negative attack campaign against Kerry to distract attention away from all of the above.

I couldn't agree more souljacker...The thing everyone and I mean EVERYONE , has to do is vote on Nov.2....even if you have never voted before or could care less ...evryone has to vote or all of humanity will suffer......

i second that idea

i second this also

Dissent is Necessary.

Lets hope everyone actually does this year. As shown with the previous election, every vote really does matter.

So? Did Bush know about his crimes? Did he pardon or help out the Enron crowd when their crimes were revealed? If your friend is a mass murderer, but you don't know it, are you somehow implicated?

More criminal, I think, are the money center banks like JP Morgan and Citibank who knew full well what Enron was doing, but abetted their crimes and lent them money and accepted their fucked-up earnings reports as solid in order to keep their incredibly lucrative investment banking business that Enron steered towards them.

There's an interesting chart of the market's volatility when the extent of abetting big, crucial banks like Citi and JP Morgan with the Enron frauds was revealed in late July, 2002. Let me find it............

Here, I hope this works.

http://stockcharts.com/def/servlet/SC.web?c=$VIX,uu[h,a]wacayyay[df][pb50!b200][vc60][iUb14!La12,26,9]&pref=G

This chart shows the market's volatility, which is used to calculate the price of stock options on the S&P 500. They're like insurance contracts on stock prices. The peaks describe fear and uncertainty so high premiums are demanded, the troughs apathy and a sleepy, confident market where risks are perceived as low, and premiums are accordingly priced.

You can see a big spike on the left hand of the screen. That was 9/11, the greatest spike since the crash of 1987. Look to the next, even greater spike. That was when Citi's and JP Morgan's complicity with Enron's crimes was disclosed to the market. There was more fear in the market from that news than terrorists destroying the WTC, because the market asked "If these people were in on it, and they handle finance and banking for thousands of other firms, how many other "Enrons" are out there?" These greedy bastards could have wrecked the entire financial industry of the United States. That was one of the few days I really felt panic in the market, not because I was losing money (I went long on gold stock options), but because I was scared the system might fail and the economy ruined.

So comparing Bush's chummy relationship with the CEO with outright criminal conspiracy (Which Citi and JP Morgan legally shielded themselves from since they knew full well the worthlessness of these partnership schemes Enron ran), I kind of look at those letters between Bush and Lay and say "BFD".






[Edited on Jul 29, 2004 by stockula]