Reminder: NO on the Recall. Yes on Cruz Bustamante. (No on Prop 54.)
As I suspected, this Recall is more about trying to quash a lawsuit against the crooks that took the people of California for 9 Billion dollars than anything else.
Greg Palast has done his homework again. Read on.
Arnold Unplugged – It’s hasta la vista to $9 billion if the Governator is selected
By Greg Palast.
It’s not what Arnold Schwarzenegger did to the girls a decade back that should raise an eyebrow. According to a series of memoranda our office obtained today, it’s his dalliance with the boys in a hotel room just two years ago that’s the real scandal…
It turns out that Schwarzenegger knowingly joined the hush-hush encounter as part of a campaign to sabotage a Davis-Bustamante plan to make Enron and other power pirates then ravaging California pay back the $9 billion in illicit profits they carried off.
Here’s the story Arnold doesn’t want you to hear. The biggest single threat to Ken Lay and the electricity lords is a private lawsuit filed last year under California’s unique Civil Code provision 17200, the “Unfair Business Practices Act.” This litigation, heading to trial now in Los Angeles, would make the power companies return the $9 billion they filched from California electricity and gas customers.
It takes real cojones to bring such a suit. Who’s the plaintiff taking on the bad guys? Cruz Bustamante, Lieutenant Governor and reluctant leading candidate against Schwarzenegger…
But Bush’s boys on the commission have a problem. The evidence against the electricity barons is rock solid: fraudulent reporting of sales transactions, megawatt “laundering,” fake power delivery scheduling and straight out conspiracy (including meetings in hotel rooms).
So the Bush commissioners cook up a terrific scheme: charge the companies with conspiracy but offer them, behind closed doors, deals in which they have to pay only two cents on each dollar they filched.