Thursday, April 08, 2004

The above lenghy link is to a story on the very recent indictment of Reliant Electric. I believe this the first time in US history that a corporation has been indicted. The indictment stems from the grand jury belief that Reliant actively price gouged, adjusted supply and generally created an artificial power shortage during last summers nasty blackouts. It was all artificially rigged! And it was this crisis that hastened the ascent of Ahnold to the state house. There really can no longer be any trust that the institutions of this country, from politicial to economic and public to private, can operate within an acceptable moral frame work. The dollar is king. Just ask the Iraqis.
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