Mentioning Enron never ceases to make my blood boil. People died for market manipulation. Arguably the best public utility in the US was cannibalized for corporate profits.
The reason Texas didn’t bother connecting to the grid was because it had a higher uptime than the rest of the nation. It was literally, the energy capital of the world.
They privatized the public utility and within a year Texas went from the cheapest electric in the nation to the most expensive.
Worst of all, no one at Enron got the chair for their murders. In fact, because it was based in Texas when things went to shit and the execs took their golden parachutes. A judge ruled that no return of the stolen assets was required because one of the executives died. Imagine robbing a bank, giving the money to your wife, and then dying and your wife gets to keep the money.
Fuck those stupid fucking conservatives and the republicans representing them. Ultimately, the tolerance of their corruption and greed has brought the USA to its knees.
Mentioning Enron never ceases to make my blood boil. People died for market manipulation. Arguably the best public utility in the US was cannibalized for corporate profits.
The reason Texas didn’t bother connecting to the grid was because it had a higher uptime than the rest of the nation. It was literally, the energy capital of the world.
They privatized the public utility and within a year Texas went from the cheapest electric in the nation to the most expensive.
Worst of all, no one at Enron got the chair for their murders. In fact, because it was based in Texas when things went to shit and the execs took their golden parachutes. A judge ruled that no return of the stolen assets was required because one of the executives died. Imagine robbing a bank, giving the money to your wife, and then dying and your wife gets to keep the money.
Fuck those stupid fucking conservatives and the republicans representing them. Ultimately, the tolerance of their corruption and greed has brought the USA to its knees.
one of the worst parts was all the accounting students thinking “wow! i can do that someday too!”