I was a young adult when the Enron scandal occurred and I saw people on TV crying about how their pensions were gone. I thought to myself, "Heaven help me, I do not EVER want that to be me." I think a lot of Gen Xers concluded that retirement as the Boomers knew it wouldn't happen for us.

Enron is not an isolated incident. The Crony Capitalist system grinds on and on.

Links:

https://tubitv.com/movies/462800/enron-the-smartest-guys-in-the-room

https://www.theguardian.com/film/2005/apr/20/news

https://en.wikipedia.org/wiki/Enron_scandal

https://www.washingtonpost.com/archive/politics/2005/11/05/prosecutors-link-enron-fall-to-1987-scandal/1cc9a9d0-0a88-43f9-8d11-16972f2e9a87/

https://www.investopedia.com/terms/m/marktomarket.asp

https://www.youtube.com/watch?v=hR45ja3VjGE

https://en.wikipedia.org/wiki/2000%E2%80%932001_California_electricity_crisis

https://www.democracynow.org/2003/10/6/schwarzenegger_accused_of_involvement_in_9b

Need more? You can visit the website at: https://consaracytheories.com/ or my own site at: https://saracausey.com/. Don't forget to check out the blog at: https://consaracytheories.com/blog.