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Why is gas $4 a gallon? You can partially blame Enron. The rest is on us.

Posted on June 21, 2008 @ 9:09 am by David Esrati

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I’m sure I’ll catch some flak for criticizing deregulation, however, somethings just do better with regulation. Banks are one. Bear Sterns proved that. Mortgage funds are another- Countrywide proved that. And, if you want to know why commodities trading needs regulation- well, Enron proved that. I highly recommend either reading, or listening to this entire Read More

Smoke and Mirrors and sleight of hand

Posted on April 3, 2008 @ 8:40 am by David Esrati

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As many of you know, I ride a motorcycle and a scooter. I also like to ride my bicycle- so this is appropriate. However, it also demonstrates the same things we run into in politics. After you’ve counted the number of passes the white team makes- continue reading: