Another one of capitalism's greatest hits.
Surviving the cold is only for the highest bidders.
#texaswinterstorm
Surviving the cold is only for the highest bidders.
#texaswinterstorm
2/ If this sounds Enron-ish, that's because Texas' whole energy system is based on Enron's playbook.
Enron tried to pass a bill that deregulated energy in Texas in 1991, and it was killed by Kevin Bailey (D). Enron then tried to kill Bailey's career as a warning to others...
Enron tried to pass a bill that deregulated energy in Texas in 1991, and it was killed by Kevin Bailey (D). Enron then tried to kill Bailey's career as a warning to others...
3/ They eventually bought the whole state Republican party, and by 1999 under a party led by Dubya, they deregulated retail energy and created a joint venture called New Power Company...
... Enron collapsed before it was created. Tragic, really.
... Enron collapsed before it was created. Tragic, really.
4/ Sound familiar to Canadians?
That's because Enron "helped" Ontario do the same thing.
Much of North America's major markets were structurally designed by the world's biggest fraudsters. 20 years later, still dealing with the fall out.
That's because Enron "helped" Ontario do the same thing.
Much of North America's major markets were structurally designed by the world's biggest fraudsters. 20 years later, still dealing with the fall out.
https://twitter.com/StephenPunwasi/status/1179520236120346624?s=20
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