Electricity

Louisiana Black-out: Not an Act of God, an Act of Entergy

The darkness, the misery and death you are witnessing in Louisiana is not an act of God, it’s an act of Entergy Inc. I was hired by the City of New Orleans to investigate why their power company, Entergy, simply can’t keep the lights on while citizens’ electric bills soar. That was in 1986. In 35 years, nothing has changed my official conclusion: Entergy is a racketeering enterprise parading as a… READ MORE

Socialize Power

What’s the solution for the endless electricity disasters from Louisiana to California? Socialism.

As I and other experts hired by the city of New Orleans told the politicians, put Entergy out of business. Create a publicly owned system that wouldn’t have wires that … READ MORE

Power outage in New Orleans: Is Ida or Entergy to blame?

In the 1980s, I lead an investigation of Entergy, which runs the Louisiana power system. After Katrina, I investigated their failure to get the lights back on in over a year. This past week, Entergy lost 2000 miles of high-voltage line, which doesn’t happen in Bangladesh after a typhoon. Entergy of Little Rock Arkansas, became a protected political juggernaut, even… READ MORE

Texas Gets Lay’d: How the Bush Family turned off the lights

Maybe because Texas gave us that wet-lipped huckster Ted Cruz, you think the state deserves to freeze in the dark. I get that, but it’s not their fault, a least not the victims burning family heirlooms to stave off frostbite. “What happened was entirely predictable,” power distribution expert attorney Beth Emory said of the blackouts. She told me this… READ MORE

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.