the end result to all of this will be violence. they no longer want to stand in elections, theyjust want other people to go out and kill people. and i think they re right to have that terror threat level where it is. you mention elections. one final thought on where we are right now. in europe, we see the success of far right political movements in mainstream politics. you see it in hungary, you see it in italy today. to you, is that a flashing red signal of warning, or is it in some senses actually a safety valve, where some of these ideas are being mainstreamed in a way which robs them of their danger? well, i d say, to a degree, that some of those ideals are already mainstreamed by this government. but i think in some of the countries where you see the far right getting into power, into parliament, you have to understand that, culturally, fascism isn t particularly a foreign idea
now you always have to take a look and no one is predicting recession now. todd: with me is brian brenberg, from king s college in manhattan. despite what that was, that spin or attempted spin, how bad, how worried are you about this gdp reports? brian: he said nobody is predicting recession is coming like he said last year,y nobody is predicting run away inflation and that is what we got. how can you say you are not worried about recession when we just got negative gdp report, that is part one of what a recession is, if we get one more quarter of that. huge flashing red signal, president of the united states should focus on this and be honest about it and talking about what he s going to do to get the economy on track. he s dismissing and doing nothing to solve the underlying
called death star, get shorty, ricochet. as the lights went out on the west coast, enron s wholesale services revenues quadrupled to from $12 billion to $48 billion, and doubled again three months later. every time there s a shortage or a little bit of a price spike, it s always collusion or conspiracy or something. it makes people feel better that way. but you know as well as i do, it s nice for a business. you re in the business of making money for your shareholders. so you would be foolish, as you said, to turn down the kind of money you can make this past winter in california. isn t there i think you put words in my mouth there. okay. what happened in california was a flashing red signal about the nature of what enron was all about. but what wrought them down was just the sheer brazenness and the scope of their manipulation. the sec is now investigating enron s accounting procedures after the company admitted it inflated earnings by half a billion dollars.
services revenues quadrupled to $48 billion and doubled again three months later. every time there s a shortage, it s collusion or conspiracy or something. it makes people feel better that way. you know it s nice for a business. you re in the business of making money for your shareholders. so you would be foolish, as you said, to turn down the kind of money you can make this past winter r in california. i think you put words in my mouth there. what happened in california was a flashing red signal about the nature of what enron was all about. but what brought them down was just the sheer brazenness and scope of their manipulation. the s. eflt c. is now investigating enron s accounting procedures after the company admitted it inflated earnings by half a billion dollars. enron had businesses that were losing immense amounts of money. so the company s cfo found
west coast, enron s whole sale services revenue quadrupled from $12 billion to $48 billion and doubled again three months later. every time there was a shortage of a little price spike, it s collusion or you know as well as i do, it s nice for a business. you re in the business of making money for your shareholders, as a company. you would be foolish, as you said, to turn down the find of money you can make this past winter in california. isn t there a i think you put words in my mouth there. what happened in california was a flashing red signal of the nature of what enron was all about. but what brought them down was the brazenness and the scope of their manipulation. the s.e.c. is investigating the accounting procedures, after it inflated earnings by $500