The Spectacle Blog

Gore’s Inconvenient Enron

By on 4.28.09 | 2:02PM

This is worth a read, and some follow-up.

Al Gore and all of those pushing the cap-and-trade rationing scheme -- as envisioned in the president's budget, the biggest tax increase in the history of our Republic -- have some 'splainin' to do about just why they're promoting a rent-seeker scheme hatched by Enron, now demanded by Ken Lay proteges and those who picked Enron's carcass clean of its erstwhile white elephants like Enron (now GE) Wind, its solar panel venture (now BP), and that derivative-swaps and ration-coupon trading scheme hatched with Goldman.

But most specifically, Al Gore needs to answer some questions, along the lines of how much he stands to make if the scare-mongering campaign he's lobbying for succeeds, and how.

I was there in the belly of the Enron beast, ever-so-briefly if nonetheless tasked with roping the U.S. into this scheme on Enron's behalf, working tightly with green pressure groups. Good for Rep. Scalise, who had Gore squirming away from truths he knows to be so, insisting that we accept this economy-killer without anwers ever being provided.

Cap-n-trade: Don't "just say no". Salt the ground from which this beast emerged, by exposing the entirety of the scam. This particular aspect is a great place to start.

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