Kmart is bankrupt, yet The Herald continues to publish Kmart advertisements and Kmart continues to deliver sold goods to the consumers. There are hundreds of bankrupt companies that are still in business and still deliver the goods. Why should Enron be any different?
Why should bankruptcy interfere with Enron’s ability to buy electricity on the spot market at $5/MWH and sell it to the PUD at $10/MWH? Any Herald reader who trades commodities could fulfill Enron’s contract by buying at $5 and delivering at $10. It is no big deal.
The fact is that the PUD screwed up and wants to back out of a bad deal. In other words, our PUD commissioners, who claim to represent us, have made a bad deal for us in our names and now want us to renege on our contract with Enron. The PUD commissioners, and apparently The Herald editorial staff, wants us – you and I – to become liars and cheats. Some of your readership – at least the ones who shop at Kmart – are lying to themselves and talking out of both sides of their mouths. It is OK for them to shop at Kmart but it isn’t OK for them to keep their word with Enron.
Everett
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