Federal Reserve to Hire Ex-Enron Lobbyist in PR Move

[rmstock]

Date: Fri, 12 Jun 2009 03:11:18 +0200 (CEST)
From: "Robert M. Stockmann" <stock@stokkie.net>
To: [recipients]
Subject: Federal Reserve to Hire Ex-Enron Lobbyist in PR Move
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Hi,

Before the most honorable House of Representative Ron Paul plays down
the H.R.1207 [1] card (The Federal Reserve Transparency Act [2]), to
investigate the realings and dealing of the Federal Reserve Bank, one
should keep an close eye on what the Federal Reserve Bank is
planning ...

  "Federal Reserve to Hire Ex-Enron Lobbyist in PR Move to Counter
   Doubts about Fed's Growing Power Over U.S. Financial System "
   http://blacklistednews.com/news-4456-0-24-24--.html
   Published on 06-10-2009

   Source: GW's Blog,
   http://www.washingtonsblog.com/2009/06/ ... enron.html

  "How is the Fed responding to:

   (1) a bill in Congress with 190 co-sponsors to audit the Fed
   (2) a new law giving the GAO some power to examine the Fed's actions
       and
   (3) calls by many to abolish the Fed altogether?

   A promise of 100% openness and full disclosure to Congress and the
   American people?
   An agreement to stop all behind-the-scenes shenanigans?
   An end to the whole scam of private bankers "creating" credit and
   bilking the taxpayers out of trillions in interest?
   
   Of course not!

   Instead, the Fed is . . . launching a new p.r. campaign to show
   everyone how wonderful Ben and the boys really are.

   As Bloomberg [3] notes:

The Federal Reserve intends to hire a veteran lobbyist as it
     seeks to counter skepticism in Congress about the central banks
     growing power over the U.S. financial system, people familiar
     with the matter said.

     Linda Robertson ... headed the Washington lobbying office of
     Enron Corp... Robertson [also] served under Treasury Secretaries
     Lawrence Summers, Robert Rubin and Lloyd Bentsen...
     
     People have been asking whether the Fed is capable of getting
     its job done right, said Lynn Turner, a former chief accountant
     at the Securities and Exchange Commission. Hiring a former
     lobbyist from Enron will surely make one wonder."

[/color][/list]
According 'The Sovereign Society' [4] Linda L. Robertson helped
creating that $492-Trillion-Dollar Time Bomb which is hurting us now.
But that is only a vague description. Here is WHO Linda Robertson
really is [5], a former Clinton Administration Treasury Council [6] :

   "United States Deregulation of Energy That Needed a Change in the Law:
    Enron's Investment in Wendy Gramm
    Forwarded by Dick Haar on February 11, 2002

    Senator Joseph Leiberman
    706 Hart Senate Office Building
    Washington, D.C. 20510

    RE: Enron Investigation

    Dear Senator Leiberman,

    I watched your Sunday morning appearance on Face the Nation with
    intense interest. Inasmuch as I own a fair amount of Enron stock
    in my SEP/IRA, I'm sure you can understand my curiosity relative
    to your investigation.
   
    Knowing you to be an honorable man, I feel secure that you will
    diligently pursue the below listed matters in an effort to
    determine what part, if any, these matters contributed to the
    collapse of Enron.
   
    1. Government records reveal the awarding of seats to Enron
       executives and Ken Lay on four Energy Department trade
       missions and seven Commerce Department trade trips during the
       Clinton administration's eight years.
   
    a. From January 13, 1995 through June 1996, Clinton Commerce
       Secretary Ron Brown and White House Counsel Mack McLarty
       assisted Ken Lay in closing a $3 billion dollar power plant
       deal with India. Four days before India gave final approval to
       the deal, Enron gave $100,000 to the DNC. Any quid pro quo?
   
    b. Clinton National Security Advisor, Anthony Lake, threatened to
       withhold aid to Mozambique if it didn't approve an Enron
       pipeline project. Subsequent to Mr. Lake's threats, Mozambique
       approved the project, which resulted in a further $770 million
       dollar electric power contract with Enron. Perhaps, if NSA
       Advisor Lake had not been so busy strong-arming for Enron, he
       might have been focused on something obliquely related to
       national security like, say, Mr. Bin Laden? Could it be that a
       different, somewhat related, investigation is warranted?
   
    c. In 1999, Clinton Energy Secretary Bill Richardson traveled to
       Nigeria and helped arrange a joint, varied, energy development
       program which resulted in $882 million in power contracts for
       Enron from Nigeria. Perhaps if Energy Scretary Richardson had
       been more focused on domestic energy, we might have avoided:
   
    i.  The severe loss of nuclear secrets to China and concurrently
    ii. developed more domestic sources of energy.
   
    d. Subsequent to leaving Clinton White House employ, Enron hired
       Mack McLarty (White House Counsel), Betsy Moler (Deputy Energy
===>   Secretary) and Linda Robertson (Treasury Official). Even a    <===
       person without a high school diploma (no disrespect to airline
       security screeners) can see that this looks like Enron paying
       off political favors with fat-cat corporate jobs, at the
       expense of stockholders and Enron pension employees.
   
    e. Democratic Mayor Lee P. Brown of Houston (Enron headquarter
       city), received $250,000 just before Enron filed Chapter 11
       bankruptcy. Isn't that an awful lot of money to throw away
       right before bankruptcy?
   
    The Democratic National Committee was the recipient of hundreds
    of thousands of dollars from 1990 through 2000. The above
    matters appear to be very troubling and look like, smack of,
    reek of, political favors for campaign payoffs. I know you will
    find out.
   
    2. Recently, former Clinton Treasury Secretary Robert Rubin
       called a top U. S. Treasury official, asking on Enron's
       behalf, for government help with credit agencies. As you well
       know, Rubin is the chairman of executive committee at
       Citigroup, which just coincidentally, is Enron's largest
       unsecured creditor at an estimated $3 billion dollars.
   
    3. As you well know, Mr. Leiberman, Citigroup is Senator Tom
       Daschle's largest contributor ($50,000) in addition to being
       your single largest contributor ($112,546). This fact brings
       to mind some disturbing questions I feel you must answer.
   
    a. Have you, any member of your staff, any Senate or House
       colleagues, any relatives or any friends of yours, been asked
       by Citigroup to intercede on their behalf, in an effort to
       recover part or all of Citigroup's $3 billion, at the expense
       of Enron's shareholders, employees and or Enron pensioners?
   
    b. Did your largest contributor, Citigroup, have anything to do
       with the collapse of Enron?
   
    c. Enron has tens of thousands of employees, stockholders and
       pensioners who have lost their life savings. How will you
       answer their most obvious question? Do you represent
       Citigroup, your largest contributor, or do you represent the
       Enron employees, et al, who stand to lose if Citigroup
       recovers any of its $3 billion?
   
    During Sunday's Face the Nation, both you and Senator McCain
    praised Attorney General Ashcroft for recusing himself from the
    Justice Department investigation because he had once received a
    contribution from Enron. I know in my heart, that, being the
    honest gentleman you are, you will now recuse yourself because
    of the glaring conflict of interest described above. I also know
    that you will pass this letter to your successor for his or her
    attention.
   
    Very truly yours,
   
    Robert Theodore Knalur"
[/list]
Best Regards,

Robert
PS.
[1] H.R. 1207 Passes 218 Co-sponsors
   Posted by Jesse Benton on 06/11/09 5:03 PM
   http://www.campaignforliberty.com/blog.php?view=19818

[2] The Federal Reserve Transparency Act, H. R. 1207
   Mr. Paul (for himself, Mr. Kagen, Mrs. Bachmann, Mr. Bartlett,
   Mr. Jones, Mr. Rehberg, Mr. Posey, Mr. Broun of Georgia,
   Mr. Poe of Texas, Mr. Burton of Indiana, Mr. Abercrombie, and Ms  Woolsey)
   February 26, 2009
   http://thomas.loc.gov/home/gpoxmlc111/h1207_ih.xml

[3] Fed Intends to Hire Lobbyist in Campaign to Buttress Its Image
   By Robert Schmidt, June 5, 2009 00:01 EDT
   http://www.bloomberg.com/apps/news?pid= ... M&refer=us

[4] Fed Brings on Enron's Linda Robertson.
   Monday, June 8, 2009, ©The Sovereign Society, 2009
   http://www.sovereignsociety.com/2009Arc ... fault.aspx

[5] Accounting Scandal Updates on August 30, 2002
   Bob Jensen at Trinity University
   http://www.trinity.edu/rjensen/fraud083002.htm

[6] The Johns Hopkins Gazette: July 22, 2002
    VP named for external relations,
   http://www.jhu.edu/~gazette/2002/22jul02/22vp.html
--
Robert M. Stockmann - RHCE
Network Engineer - UNIX/Linux Specialist
crashrecovery.org  mailto:stock@stokkie.net">stock@stokkie.net