Electricity

Ken Lay's Alive!

Don't check the casket. I know he's back. When I saw those lights flickering out at La Guardia Airport yesterday and heard the eerie shrieks and moans in the dark, broiling subway tunnels, I just knew it: Ken Lay's alive! We can see his spirit in every flickering lightbulb from Kansas to Queens as we head into America's annual Blackout season.

When Ahnold Got Lay'd

 Excerpted from Armed Madhouse
May 17, 2001. In a room at the Peninsula Hotel in Beverley Hills, the Financial Criminal of the twentieth century, not long out of prison, met with the Financial Criminal of the twenty-first century who feared he may also have to do hard time. These two, bondmarket manipulators Mike Milken and Ken Lay, no-yet-indicted Chairman of Enron Corporation, were joined by a select group of movers and shakers – and one movie star.

The Al Capone of Electricity

layKen Lay Will Get Away with his Real Crimes

Seattle Post-Intelligencer
Al Capone cut throats, machine-gunned people to build his gang and went to jail””for not filing his taxes properly. Likewise, Ken Lay, buccaneer of the power industry, will go down””if the jury doesn't buy his alibi””for not filing his SEC forms properly.

Are Scots on the Oregon Trail a lot Smarter than they seem?

While we were in jail in Washington during the war in Vietnam, my comrades and I spent part of our night as guests of the state singing several choruses of the song, ‘Waist Deep in the Big Muddy'.
I would not compare Scottish Power chairman Ian Robinson to President Lyndon Johnson. And Robinson's invasion of the US power industry through his plan to purchase PacifiCorp of Oregon is not exactly the landing at Da Nang. But there is a little bit of LBJ's resolute optimism, while marching deeper into the quicksand, which has me humming that old song.

Don't Hold Your Breath for Rebate
from The New York Times

GOV. George E. Pataki says he is mailing out checks of $100 to $232 to every home on Long Island, a bonus as part of Mr. Pataki's plan to cut electric rates 23 percent.
If it were true, I would leave out a glass of milk and cookies for Governor Santa when he comes down my chimney. But alas, the rebate, like the rate reduction, is as real as reindeer on the roof.