posted on Jul, 13 2006 @ 06:16 PM
In addition to Reliant Energy, both Intuit Inc. and Pfizer Inc. have skirted laws that restrict by funding non-profits to act in their behalf. Jack
Abramoff laundered funds through such organizations and pleaded guilty to federal charges as a result. The US government is seeking upto 64 million
from Reliant.
www.bloomberg.com
July 11 (Bloomberg) -- In the midst of California's 2001 electricity crisis, a group called the American Taxpayers Alliance ran a television ad in
the state accusing then-Governor Gray Davis of ``pointing fingers and blaming others'' for shortages that sent prices shooting up as much as
10-fold.
What wasn't known at the time was that 61 percent of the group's budget that year came from Houston-based Reliant Energy Inc., which owns power
plants in 12 states -- and agreed in 2005 to pay $453 million to settle claims that it manipulated energy prices in California.
Please visit the link provided for the complete story.
Its curious that the government is trying to soak all of these companies for money, but the government is making no effort to correct the political
damage caused by such illegal funding. Its all about the money, the corporations got the results they wanted, the politicians got their bribes and now
the government is going after its piece of the action. Supply and demand works, doesn't it make you proud to be an American.
[edit on 13-7-2006 by df1]
[edit on 13/7/2006 by Mirthful Me]
[edit on 13/7/2006 by Mirthful Me]