Enron Redux - As Electricity Was Gamed, So Is Russia's
Currency
12-12-14
mpg
Central
Bank of Russia tries to destroy Russian economy?
A quote...."The Central Bank intervenes often in a chaotic
way, trying to keep up the rate of the currency at the time
when there is no opportunity to keep it up at all. At times,
the CB conducts the demonstration of the strengthening of
the ruble, as it was in March-April 2014. If we look for
opportunities for currency speculation, then we can
find it where certain players have access to insider
information, - says Oksana Dmitrieva. - It should be clearly
understood that attempts to strengthen the ruble and spend
gold and currency reserves on these efforts, as was the case
in 1998 and then in 2008, may lead to the collapse of the
ruble value.""
This ENTIRE series of events reminds
this website editor of what happened to California during
the "energy
crisis" of 2000, 2001. As everyone found out later,
a company
called Enron had totally ripped the state of
California off for billions of dollars. California never
got any of it back. Enron had completely gamed the
system.
They ran rings around the California Electricity
Oversight Board (CEOB), joked about how they took down
power stations at critical moments, re-routed power, and
shut down, or "congested" power lines to reduce power
output to the entire state of California while those at
the CEOB were desperately on the phones trying to scrap up
every kilowatt they could on the open market at five, six,
ten times the going contracted rates to avoid rolling
black-outs.
The state of California was ridiculed, along with the
employees who warned a scam was being run on the peopel of
California, while so-called "free-market" "conservatives"
claimed it was the state's environmental policy that
caused the crisis, because it prevented the construction
of new power plants.
Enron employes were later caught, on tape,
laughing about how they [expletive deleted] the
grandmothers in California, how they used tricks called
"Death Star", "Fat Boy", "Ricochet", "Black Widow",
"Bigfoot" and "Get Shorty", how they utterly out-smarted
the employees at the CEOB with their highly sophisticated
computer programs, front running every one of their
trades, knowing exactly how much power the state employees
needed at any given moment and how to squeeze them to
generate the maximum amount of revenue.
The power markets in California had been completely gamed,
none of the information available the employees at the
CEOB was real. Just as the currency markets
are now being completely gamed and none of the information
available to the employees of Russia's Central Bank is
real
Whatever the guys at Enron did, and how they did it, is
exactly how the Banksters are doing it to Russia right
now!
Russia, is getting [expletive deleted] right up its
[expletive deleted] - mpg
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