Friday, 26 August 2011

Enron Schemes Caught On Tape


During the West Coast Power crisis homes went dark and streetlights were out ... causing injuries and accidents. But the danger didn't stop Enron's energy traders from having a good laugh. CBS ... reports on the Enron scheme, as caught on new audio tape. The traders and plant operator laugh and plot in a display that seems to prove the theory that years before the energy crisis, Enron manipulated markets. "They had to do a rolling blackout through the town and there was a red light there he didn't see," one Enron trader says on tape. "That's beautiful," a second voice responds. Enron secretly shut power plants down so they could cause, and then cash in on, the crisis. Enron also pulled power out of states like California, causing emergency conditions to worsen. "Sorry California," an Enron trader says. "I'm bringing all our power out of state today." Plant operators were coached on how to lie to officials. "We want you guys to get a little creative..." one voice says on the tape, "and come up with a reason to go down. Just call 'em, Hey guys…we're coming down." The plant operator replies, "OK, so we're just comin' down for some maintenance?" "Right," the trader says. "And that's cool?" the plant operator asks. "Hopefully," the trader responds, to which the men are heard laughing. Enron also pulled power out of states like California, causing emergency conditions to worsen. The "shut downs" and "pull outs" triggered sky high power prices. "We're just making money hand over fist!" one voice is heard saying on the tape. And when states complained, the guys at Enron seemed to have a response. "Get a f****** clue," one says. "Yeah," another chimes in. "Leave us alone. Let us make a little bit of money."

Patents Over Patients


, progress against cancer by changing the way drugs are developed. In the current system, if a promising compound can’t be patented, it is highly unlikely ever to make it to market — no matter how well it performs in the laboratory. The development of new cancer drugs is crippled as a result. The reason for this problem is that bringing a new drug to market is extremely expensive. In 2001, the estimated cost was $802 million; today it is approximately $1 billion. To ensure a healthy return on such staggering investments, drug companies seek to formulate new drugs in a way that guarantees watertight patents. In the meantime, cancer patients miss out on treatments that may be highly effective and less expensive to boot. In 2004, Johns Hopkins researchers discovered that an off-the-shelf compound called 3-bromopyruvate could arrest the growth of liver cancer in rats. The results were dramatic; moreover, the investigators estimated that the cost to treat patients would be around 70 cents per day. Yet, three years later, no major drug company has shown interest in developing this drug. The hormone melatonin, sold as an inexpensive food supplement in the United States, has repeatedly been shown to slow the growth of various cancers when used in conjunction with conventional treatments. Early this year, another readily available industrial chemical, dichloroacetate, was found by researchers at the University of Alberta to shrink tumors in laboratory animals by up to 75 percent. However ... dichloroacetate is not patentable, and the lead researcher is concerned that it may be difficult to find funding from private investors to test the chemical. Potential anticancer drugs should be judged on their scientific merit, not on their patentability.

Obama Says


President Obama, speaking of the operation to kill Osama bin Laden, said: "Justice has been done." It has been widely assumed that, if bin Laden is now dead, the person most responsible for the 9/11 attacks has been brought to justice. But the US government has never provided evidence that the attacks were carried out by bin Laden and his al-Qaeda organization. In September 2001, Secretary of State Colin Powell promised to provide this evidence, but the next day recanted, saying "most of [the evidence] is classified." In October, Prime Minister Tony Blair provided evidence that bin Laden and al-Qaeda planned and executed the 9/11 attacks. But he added: "This document does not purport to provide a prosecutable case against Osama Bin Laden in a court of law." The FBI's acts that made bin Laden a "Most Wanted Terrorist" do not include the 9/11 attacks. The FBI's chief of investigative publicity explained: "The FBI has seen no hard evidence connecting Bin Laden to 9/11." Could al-Qaeda have carried out the attacks? Scientists for 9/11 Truth views the rapid, symmetrical, straight-down collapses of the Towers and nearby WTC 7 as consistent only with controlled demolition. And 1500 members of Architects and Engineers for 9/11 Truth agree: The 9/11 attacks were not the work of al-Qaeda.

Hypnotic Experimentation and Research


A posthypnotic of the night before ( , you will sleep) was enacted. Misses [deleted] and [deleted] immediately progressed to a deep hypnotic state with no further suggestion. Miss [deleted] was then instructed (having previously expressed a fear of firearms in any fashion) that she would use every method at her disposal to awaken Miss [deleted] (now in a deep hypnotic sleep) and failing this, she would pick up a pistol nearby and fire it at Miss [deleted]. She was instructed that her rage would be so great that she would not hesitate to “kill” [deleted] for failing to awaken. Miss [deleted] carried out these suggestions to the letter including firing the (unloaded) gun at [deleted] and then proceeding to fall into a deep sleep. Both were awakened and expressed complete amnesia for the entire sequence. Miss [deleted] was again handed the gun, which she refused (in an awakened state) to pick up or accept from the operator. She expressed absolute denial that the foregoing sequence had happened.

Connections And Then Some


The Carlyle Group [is] an investment house famous as one of the most well-connected companies anywhere. Former president George H.W. Bush is a Carlyle adviser. Former British prime minister John Major heads its European arm. Former secretary of state James Baker is senior counselor, former White House budget chief Richard Darman is a partner, former SEC chairman Arthur Levitt is senior adviser -- the list goes on. Those associations have brought Carlyle enormous success. The Washington-based merchant bank controls nearly $14 billion in investments, making it the largest private equity manager in the world. It buys and sells whole companies the way some firms trade shares of stock. But the connections also have cost Carlyle. It has developed a reputation as the CIA of the business world -- omnipresent, powerful, a little sinister. Media outlets from the Village Voice to BusinessWeek have depicted Carlyle as manipulating the levers of government from shadowy back rooms. Congresswoman Cynthia McKinney (D-Ga.) even suggested that Carlyle's and Bush's ties to the Middle East made them somehow complicitous in the Sept. 11 terror attacks. It didn't help that as the World Trade Center burned on Sept. 11, 2001, the news interrupted a Carlyle business conference at the Ritz-Carlton Hotel here attended by a brother of Osama bin Laden. Former president Bush, a fellow investor, had been with him at the conference the previous day. Bush['s] primary function is to give speeches for Carlyle that attract wealthy foreigners in places where the former president is especially revered, such as Asia. The company has rewarded its faithful with a 36 percent average annual rate of return.

Skull And Bones


As opposite as George Bush and John Kerry may seem to be, they do share a common secret - one they've shared for decades. The secret: details of their membership in Skull and Bones, the elite Yale University society whose members include some of the most powerful men of the 20th century. Bonesmen, as they're called, are forbidden to reveal what goes on in their inner sanctum. Bones has included presidents, cabinet officers, spies, Supreme Court justices, [and] captains of industry. They'd responded to questions with utter silence until an enterprising Yale graduate, Alexandra Robbins, managed to penetrate the wall of silence in her book, Secrets of the Tomb. "I spoke with about 100 members of Skull and Bones. They were members who were tired of the secrecy,” says Robbins. “But probably twice that number hung up on me, harassed me, or threatened me.” Skull and Bones, with all its ritual and macabre relics, was founded in 1832. Since then, it has chosen or "tapped" only 15 senior students a year who become ... lifetime members of the ultimate old boys' club. A lot of Bonesmen have gone on to positions of great power. President Bush ... tapped five fellow Bonesmen to join his administration. Bonesmen have [included] William Howard Taft, the 27th President; Henry Luce, the founder of Time Magazine; and W. Averell Harriman, the diplomat and confidant of U.S. presidents. Mr. Bush, like his father and grandfather before him, has refused to talk openly about Skull and Bones. But as a Bonesman, he was required to reveal his innermost secrets to his fellow Bones initiates. They're supposed to recount their entire sexual histories in ... a dimly-lit cozy room.

BlackLight's physics-defying promise: Cheap power from water


Imagine being able to convert water into a boundless source of cheap energy. That's what BlackLight Power, a 25-employee firm in Cranbury, N.J., says it can do. The only problem: Most scientists say that company's technology violates the basic laws of physics. Such skepticism doesn't daunt Dr. Randell Mills, a Harvard-trained physician and founder of BlackLight, who recently claimed that he has created a working fuel cell using the world's most pervasive element: the hydrogen found in water. Mills says he has a market-ready product: a fuel cell that produces a chemical reaction to alter hydrogen atoms. The fuel cell releases heat that turns water into steam, which drives electric turbines. The working models in his lab generate 50 kilowatts of electricity - enough to power six or seven houses. But these, Mills says, can be scaled [up] to drive a large, electric power plant. The inventor claims this electricity will cost less than 2 cents per kilowatt-hour, which compares to a national average of 8.9 cents. Mills developed the patented cocktail that enables the reaction - a solid fuel made of hydrogen and a sodium hydride catalyst - only a year ago. (He recently posted instructions on the company's Web site, blacklightpower.com). Now that the device is ready for commercialization, he says, BlackLight is negotiating with several utilities and architecture and engineering firms. The business, Mills says, has attracted $60 million in funding from wealthy individuals, investment firms ... and it is no longer seeking money. BlackLight's board of directors reads like a Who's Who of finance and energy leaders.