Are you "lucky"if you have a secure retirement?

[TomSeller]

The whole statement is a waste. And so is transporting it.

I'm 100% behind getting rid of junk mail. To do that, they should stop making it so cheap to send. Bulk mail rates mean legitimate postage is subsidizing the shipping of all that garbage!

Right. Collect as much as the national debt by making the junk mail companies pay full postage. Or it will cut down the junk mail drastically. Either way is good.

 

[TomSeller]

The natural gas business was most certainty real and was not paid for contracts made with the State of California to the tune of 12 billion dollars. California was desperate and signed NG contracts with Enron and a company named Dynigy too. Those NG products were provided to a company called PG&E. Later when it was discovered just how bad a deal was made by the State they refused to pay. Enron went to court and won! PG&E was broke and was awarded to Enron. When the Feds found out Enron had no intention of operating a power company in California. Enron was in the beginning process of selling off PG&E assets including gensets in major California hydro dams that were sold, and headed to India. When it became clear Enron was turning out the lights in California the scandal started. Huh. Enron was never paid nor was Dynigy, about 6 billion. My question for you is how far would 12 billion go to pay investors? Other States provided power into the California grid too that where never paid. Idaho being one, my sister who lives in north Idaho had a surcharge on her bill for years to recover that money never paid. Now you know a whole lot more about Enron. Maybe now you know what really happened and the motives behind stopping Enron ASAP by the Feds. HS

I used to have a person that worked for me that had worked at Enron and much of what you say sounds familiar, but much of it really doesn't matter in my book. Enron was fraudulent and if CA backed out of paying a fraudulent company what they did not deserve, so be it. If people invested the majority of their assets in a company that had returns that could only be described as too good to be true at the time,,,,,, Well so be that as well. They should not get paid back. Enron had cover up into government that never should have been.

Bush and Enron's collapse | The Economist

 

[texasjohn]

I used to have a person that worked for me that had worked at Enron and much if what you say sounds familiar, but much of it really doesn't matter in my book. Enron was fraudulent and if CA backed out if paying a fraudulent company what they did not deserve, so be it. If people invested the majority of their assets in a company that had returns that could only be described as too good to be true at the time,,,,,, Well so be that as well. They should not get paid back. Enron had cover up into government that never should have been.

Bush and Enron's collapse | The Economist

Yep, I can only wonder where we would be now, economically, had the entire deregulation/Enron/banking era been handled more wisely. I believe that there is conscious planning and design to destabilize the US economy and markets so that a few can benefit from the ensuing chaos while avoiding penalty. Could it be a conspiracy?? Next on the destabilization agenda...shut down Department of Homeland Security...

"With less than a week before the Department of Homeland Security shuts down, it is clear that the Republican Congress is not interested in averting this crisis. According to PBS, when asked about the DHS shutdown, Republicans said that they had no plan: é„* House leadership aide confirmed that Boehner is not planning any action on DHS funding this week.

Boehner Plans to Shut Down DHS

These destabilations negatively affect working people and their retirement while benefitting those who are well positioned.

Perhaps an economist could explain to me how these destabilations are a good thing for those affected and the USA economy.

 

[TomSeller]

These destabilations negatively affect working people and their retirement while benefitting those who are well positioned.

Yep, all the white haired guys get even richer and no one else knows what is going on until it is too late. I have been fortunate so far, but who knows what will be around the corner.

 

[mikehaugen]

but who knows what will be around the corner.

You'll be a "white-haired guy!" :laughing:

 

[JDgreen227]

You'll be a "white-haired guy!" :laughing:

I'm already a "white-haired guy" so why ain't I rich?

 

[houstonscott]

Yep, I can only wonder where we would be now, economically, had the entire deregulation/Enron/banking era been handled more wisely. I believe that there is conscious planning and design to destabilize the US economy and markets so that a few can benefit from the ensuing chaos while avoiding penalty. Could it be a conspiracy?? Next on the destabilization agenda...shut down Department of Homeland Security... "With less than a week before the Department of Homeland Security shuts down, it is clear that the Republican Congress is not interested in averting this crisis. According to PBS, when asked about the DHS shutdown, Republicans said that they had no plan: é„* House leadership aide confirmed that Boehner is not planning any action on DHS funding this week. Boehner Plans to Shut Down DHS These destabilations negatively affect working people and their retirement while benefitting those who are well positioned. Perhaps an economist could explain to me how these destabilations are a good thing for those affected and the USA economy.

The house has already funded DHS! The democrats in the senate and president are holding it hostage so they can act unconstitutionally on immigration. HS

 

[houstonscott]

I used to have a person that worked for me that had worked at Enron and much of what you say sounds familiar, but much of it really doesn't matter in my book. Enron was fraudulent and if CA backed out of paying a fraudulent company what they did not deserve, so be it. If people invested the majority of their assets in a company that had returns that could only be described as too good to be true at the time,,,,,, Well so be that as well. They should not get paid back. Enron had cover up into government that never should have been. Bush and Enron's collapse | The Economist

I fully understand your book is already written. Understand though it's fiction. HS

 

[ovrszd]

The house has already funded DHS! The democrats in the senate and president are holding it hostage so they can act unconstitutionally on immigration. HS

That's my take on it as well.

 

[Pixguy]

That's my take on it as well.

Yup but it won't be the way the media will portray it.