Welch vs. "Enron Loophole" | Freyne Land

Seven Days needs your support!

Give Now

Friday, November 2, 2007

Welch vs. "Enron Loophole"

Posted By on Fri, Nov 2, 2007 at 9:16 AM

With one year to go before the votes are counted, would it be impolite of me to declare rookie Democratic U.S. Congressman Peter Welch the winner of the 2008 Vermont U.S. House race?

At the moment, Welchie's only political critics in the Green Mountains are folks on the antiwar left who are upset that Ol' Pedro has not supported the impeachment of the Liar in the Oval Office or voted "no" on any and all Iraq War money.

No Republican in Vermont is showing any interest in what would surely be a political suicide mission.

Congressman Peter Welch and New Jersey Democrat Rob Andrews, a 10-term veteran considered a "centrist" Democrat, told reporters on a telephone press conference from Capitol Hill Thursday they have introduced a bill to repeal legislation passed by the Republican Congress in 2000 that deregulated energy markets.

Dubbed the "Enron Loophole" - the legislation removed any government oversight of natural gas and heating oil markets that the congressmen say resulted in windfall profits for speculators while consumers bills have soared.

Q. How come the "Enron Loophole" hasn’t been closed up to this point?


Comments are closed.

Since 2014, Seven Days has allowed readers to comment on all stories posted on our website. While we’ve appreciated the suggestions and insights, the time has come to shut them down — at least temporarily.

While we champion free speech, facts are a matter of life and death during the coronavirus pandemic, and right now Seven Days is prioritizing the production of responsible journalism over moderating online debates between readers.

To criticize, correct or praise our reporting, please send us a letter to the editor. Or send us a tip. We’ll check it out and report the results.

Online comments may return when we have better tech tools for managing them. Thanks for reading.

One or more images has been removed from this article. For further information, contact [email protected].

About The Author

Peter Freyne

Peter Freyne

Peter Freyne, 1949-2009, wrote the weekly political column "Inside Track," which originated in the Vanguard Press in the mid 1980s; he brought it to Seven Days in 1995. He retired it shortly before his death in January, 2009. We all miss him.

More By This Author

Latest in Freyne Land

Keep up with us Seven Days a week!

Sign up for our fun and informative

All content © 2023 Da Capo Publishing, Inc. 255 So. Champlain St. Ste. 5, Burlington, VT 05401

Advertising Policy  |  Privacy Policy  |  Contact Us  |  About Us  |  Help
Website powered by Foundation