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Today's Stories December 20, 2005 Dave Lindorff Missing Black Boxes in WTC Attacks Found by Firefighters, Analyzed by NTSB, Concealed by FBI December 19, 2005 Mike Marqusee The Global War on Civil Liberties Gary Leupp Feds Ask Student: "Why are You Reading that Little Red Book?" Ron Jacobs The Antiwar Movement, the Democrats and the Delusions of Bushworld John Blair Stealing the Golden Shovel: Lessons on Civil Disobedience Gideon Levy Sadism at the Qalandiyah Checkpoint Kevin Zeese The Global War on Civil Liberties Missy Comley Beattie Warnings from a Military Man and Dad Don Santina Ride 'Em Brush Cutter: Cowboy Imagery and the American Presidency Website of the Day A Call for Justice in Palestine   December 17 / 18, 2005 Cockburn / St. Clair Time-Delayed Journalism: the NYT and the NSA's Illegal Spying Operation Gabriel Kolko The Decline of the American Empire Susan Alcorn Texas: Three Days and Two Nights Werther The Democrats are an Impotent and Tolerated Opposition Party Ralph Nader The Senator Without Guile: Proxmire of Wisconsin Patrick Cockburn Counting Ballots and Bodies in Baghdad Fred Gardner When Prosecutors Deceive: Did the Feds Frame Bryan Epis? Dave Lindorff Spy Scandal Far Larger Than Just NSA Ned Sublette Essence is Gasoline Lee Sustar The Class War Economy Jason Leopold Did Karl Rove Destroy Evidence in Plame Case? Laura Carlsen Report from Hong Kong: Deciphering the Language of Globalization Jeff White Teacher Fired for Talking About Peace? Ray McGovern Torture Between the Lines Chris Floyd Pale Fire: the White Death of Fallujah William Loren Katz Remembering the First Quagmire at Xmastime: Zachary Taylor vs. the Seminoles Rose Miriam Elizalde Mashenka and the Bear: a Tale for Our Time Greg Moses Pinter's Provocation: Self Love in America Heather Gray Privatizing the Social Contract Alison Weir My Bethlehem Experience: the Sequel St Clair / Walker / Pollack Playlists: What We're Listening to This Week Poets' Basement Landau, Engel and Albert Website of the Day At Least Homeland Security Believes that Mao Still Matters   December 16, 2005 Tom Kerr CNN's Goddess of Vengeance: What's Not to Love About Nancy Grace? Mark Engler The WTO in Hong Kong: Is Market Access the Answer to Poverty? John Bomar When Ollie North Came to Hot Springs Patrick Cockburn Iraq Votes; Now What? Pierre Tristam Iraq, Ourselves William S. Lind The Fine Art of Withdrawal Cyril Neville Why I'm Not Going Back to New Orleans Robert Jensen Monkey See, Monkey Do: Reason, Evolution and Intelligent Design Saul Landau Bolivian Democracy and the US: a History Lesson Website CounterPunch & Dr. Price Vanquish Anthropologist Spies   December 15, 2005 Oren Ben-Dor The Ethical and Legal Challenges Facing Palestine Stan Cox "Agroterrorists" Needn't Bother Joshua Frank Organic Inconsistencies: Federal Food Politics Ben Terrall Waivers for State Terror: Bush and the Indonesian Generals Patrick Cockburn Silence Descends on Baghdad Monica Benderman What Peace Needs Walter A. Davis Fear and Loathing in San Quentin Vijay Prashad Our Torture Problem Website of the Day Hourly Wages After Four Years of "Recovery" December 14, 2005 Patrick Cockburn Iran Poised to Win Iraqi Elections Paul Craig Roberts Lethal Developments Lawrence R. Velvel A Bore Called Bob: On Trying to Read Woodward Wayne Garcia The Summer of Sami John Sugg Preach Peace, Sami; Get Truthful Prosecutors Gary Leupp Bush and the Constitution: "Just a Goddamned Piece of Paper" Ray McGovern Torture: a Defining Moment Alan Maass They Murdered a Peacemaker April Hurley, MD NPR Swallows Bush's Guestimate on Iraqi Dead Kevin Alexander Gray Richard Pryor's Mirror on America   December 13, 2005 Stephen T. Banko, III Heroes Patrick Cockburn America's War So Far: 1000 Days of Getting It Wrong Laura Carlsen What's at Play at the WTO Karl Grossman Nuclear Routlette in the Troposhere: Another NASA Plutonium Launch Niranjan Ramakrishnan The Original Sin Kevin Zeese Report from the International Peace Conference in London Norman Solomon At the Gates of San Quentin Michael G. Smith Ending the Death Penalty Stew Albert California Killers Bob Dylan Song for Tookie: George Jackson Phil Gasper California Murders Tookie Williams: a Report from San Quentin Website of the Day Boot Hill   December 12, 2005 Paul Craig Roberts The Defenders of Torture Lawrence R. Velvel George the Disconnected Jessica Stewart My Husband is at the Gates of Gitmo George Bisharat Busharon: a Fusion of Like Minds Nate Mezmer Killing Tookie Williams: If a Black Man Dies in America, Does It Make a Sound? Earl Ofari Hutchinson Richard Pryor Wasn't Crazy Alison Weir My Bethlehem Experience Seth Sandronsky Thank You, Richard Pryor Patrick Cockburn Iraq: the Beginning of the End Website of the Day Wrestling for Peace December 10 / 11, 2005 Alexander Cockburn All the News That's Fit to Buy Landau / Hassen The Condemned of Nablus Ralph Nader The Widening Wasteland of American Media Linn Washington, Jr The Philly Media and Mumia: When They Don't Bash, They Ignore Bill Christison Apathy, US Culpability and Human Rights Day Mike Ferner The Courage of Jim Loney Elizabeth Schulte Abortion and the Bush Court Neve Gordon / Yigal Bronner Murder in Jerusalem Linda S. Heard Saddam's Trial: Grandstanding in the Theater of the Absurd Ingmar Lee A Kayak Journey to Vancouver Island's Wildest Forest Ray McGovern Lies, Torture and the Six Blind Mice John Chuckman Torture and White Phosphorous: the Moral Hell of Condi Rice John Ryan An Honorary Degree in Child Sacrifice?: Madeleine Albright and US Foreign Policy Dick J. Reavis From Waco to Baghdad Christopher Brauchli Bush's Hired Pens Behzad Yaghmaian Trapped at the Gates of the European Union Aseem Shrivastava The Winter in Delhi, 1984 John Ross Bushlandia in Black and White Ben Tripp War, What is It Good For? St. Clair / Pollack / Vest / Despair Playlist: What We're Listening to This Week Poets' Basement Hassen, Bear Dog, Ford, Mickey Z, Albert & Engel Website of the Week Burn a Brick for Bush   December 9, 2005 Linn Washington, Jr. Roots of Gitmo Torture Lie Close to Home Dave Zirin / Mike Stark On Seeing Wesley Baker Die Patrick Cockburn Blair Tries to Cover Up $1.3 Billion Iraqi Theft Alexander Cockburn Murtha Returns to Attack; Flays Bush Lila Rajiva Shooting the Mentally Ill Gary Leupp White House Liars on the Defensive Jason Leopold Rove Running Out of Answers, Time Bruce K. Gagnon So These Are the Democrats? Andrew Cockburn Meet Rahm Emmanuel, the Democrats' New Gatekeeper Website of the Day "X-mas Time for Visa"   December 8, 2005 Kathy Kelly Blessed are the Merciful in Baghdad James Petras The Venezuelan Election: Chavez Wins, Bush Loses (Again) William S. Lind Questionable Assumptions: Dissecting the Stategy for Victory Laura Carlsen The Strange Mission of Vicente Fox: Free Trade and Mexico Justin Akers Bush's Border War Thomas Graham, Jr A Nuclear Pearl Harbor in Outer Space? Norman Solomon Rumsfeld's Handshake Deal with Saddam Tariq Ali / Robin Blackburn The Lost John Lennon Interview Website of the Day Pigs at the Trough of War   December 7, 2005 John Ryan Dershowitz vs. Chomsky: a Review of the Harvard Debate Gary Leupp Suicide Before Dishonor in Occupied Iraq Fran Quigley How the ACLU Didn't Steal Christmas Jeremy Brecher / Brendan Smith Bush War Crimes: the Posse Gathers Joshua Frank Bird Dogging Hillary William W. Morgan Rendition, Torture and Democracy Dave Lindorff A Stunning Win for Mumia Abu Jamal Patrick Cockburn Saddam: "Come Visit My Cage" Harold Pinter Art, Truth and Politics: the Nobel Lecture Website of the Day Witnesses to Torture   December 6, 2005 Ron Jacobs No One is Illegal; No One is an Infidel Patrick Cockburn Inside Saddam's Trial: Tales of the Human Meat Grinder Yifat Susskind Death, Politics and the Condom: African Women Confront Bush's AIDS Policy Mike Whitney How Greenspan Skewered America Pat Williams Public Land Should Stay Public Paul Craig Roberts Condi to Europe: Trust Us Website of the Day Debunking Woodward   December 5, 2005 John Walsh The Lies of John Edwards: What Did the Democrats Know and When Did They Know It? Brian Cloughley The Poor Dead: the Relative Value of Human Lives Mokhiber / Weissman The Corporate Crime Quiz Robert Jensen How Big Money Eviscerates the First Amendment Norman Solomon Hidden in Plane Sight: US Media Ignores Iraq Air War Plan Peter Rost, MD An Open Letter to the Justice Department: Pfizer May Have Violated Federal Laws When They Fired Me Lila Rajiva The Torture-Go-Round: CIA's Rendition Flights to Secret Prisons Website of the Day National Day of Counter-Recruitment December 3 / 4, 2005 Alexander Cockburn The Revolt of the Generals Lawrence R. Velvel Iraq, Brains and Lies Rev. William Alberts The Forgotten Christmas Story: Saying No to King Herod Saul Landau Latino Troops Have Parents Ralph Nader Consumerama Paul Craig Roberts Don't Confuse the Jobs Hype with the Facts Mike Whitney Blood Feast: Celebrating Executions in America Allan Lichtman The DeLay Scheme: Blatantly Buying Our Government Dave Lindorff A Sudden Rush for the Exits? Brian Concannon, Jr. Haiti's Elections Fred Gardner Oregon NORML Honors Growers Manuel Garcia, Jr. On Freeing the CPT Carol Wolman Remembering the 60s St. Clair / Vest / Walker / Pollack Playlist: What We're Listening to This Week Poets' Basement Albert, Engel and Orloski Website of the Weekend Free the CPT   December 2, 2005 Stan Goff An Open Letter to Congress from a Veteran and Military Dad Mike Ferner Beware Iraqization: Melvin Laird, Vietnam and Christmas Bombings Over Baghdad? Christopher Brauchli Bush's Constitutional Kamikazes: Padilla's No-Win Dilemma Niranjan Ramakrishnan Questions for the President Manuel Talens The Chávez Theorem Peter Phillips Death By Torture: Media Ignores the Hard Evidence J.L. Chestnut, Jr. Alabama's Taliban: Judge Roy Moore, Preachers and Dixie Hypocrisy Website of the Day Support the Hampton University Peace Activists!   December 1, 2005 John Walsh, MD The God Gaps Ron Jacobs Hard Rain: Toward a Greater Air War in Iraq? Jenna Orkin EPA's Latest Betrayal at Ground Zero Joshua Frank Howard Dean's Blunt Message: Forget Palestine Tiffany Ten Eyck Rank and File Resistance to Delphi Missy Comley Beattie Home on the Range: Where the Fear and the Animus Play Eli Stephens The Reed and Kerry Show Elaine Cassel A Government Game of "Gotcha" with Jose Padilla Website of the Day Rare Erotica   November 30, 2005 Allen / D'Amato Incident at Oglala 30 Years Later: the Long Struggle of Leonard Peltier Mike Whitney The Cheerleader at Annapolis Kevin Zeese The Hallucinations of Joe Lieberman Norman Solomon Colin Powell: Still Craven After All These Years Ramzy Baroud Sharon's New Party Dave Lindorff What Happened to All Those Bush/Cheney Bumperstickers? Stephen Soldz Mental Health Workers in Iraq   November 29, 2005 Phil Gasper Live from Death Row: an Interview with Tookie Williams Behzad Yaghmaian The Ghost of Sangatte Joshua Frank Jack Abramoff's Bi-partisan Sleaze Walter A. Davis Life on Death Row: a Monologue Gary Leupp Bush the Dupe? Len Colodny Woodwardgate: Still Protecting the Rightwing Jeffrey St. Clair The Duke and the Enterprise: Randy Cunningham's Crash Landing Bill Quigley Human Rights Leaders Call for Release of Haiti's Political Prisoners Website of the Day Watch Chomsky vs. Dershowitz Live, Tonight at 7PM, EST!   November 28, 2005 Chris Reed The "Bomb Al Jazeera" Documents Trial David Isenberg Cooked Intelligence: the Dog that Didn't Bark Ron Jacobs Contraindications: a Review of Blood on the Border Norman Solomon The Woodward Scandal Must Not Blow Over Justin E.H. Smith Schwarzenegger's Curious Power Mickey Z. Abbie Hoffman at 70: Steal This City Mike Whitney The Pentagon's Domestic Spying Operation David Swanson Is Impeachment an Election Issue? Paul Craig Roberts The Grave Threat of the Bush Administration Website of the Day "Don't Bomb Us!": a Blog by Al Jazeera Staffers   November 26 / 27, 2005 Alexander Cockburn How the Democrats Undercut John Murtha Saul Landau Who We Are: Torture and the Empire Ralph Nader Junk Television: Excluding Voices That Save Lives Brian Cloughley What Are They Dying For? John Ross When a Language Dies Gary Leupp The Nepal Pact Fred Gardner Dr. Denney Goes to Arkansas Christopher Brauchli Compassion for Corporations: Northrup Grumman and Katrina's Victims Dave Lindorff US War Crimes List Keeps Growing P. Sainath See, Neoliberalism Really Works: Net Worth of India's Billionaires Soars! Timothy J. Freeman The Price of Freedom Lila Rajiva Of Mice, Men and GM Peas Eric Ruder Beat the Needle: Saving Tookie Williams Seth Sandronsky Working Toward Whiteness: an Interview with David Roediger Joaquin Bustelo What Really Happened at Mar del Plata Lewis Alper Is the President's Soul in Jeopardy?: an Evangelical Christian Looks at Bush's Skull and Bones Initiation Will Youmans In Search of Paradise Phyllis Pollack The Stones' Rough Justice in Bush Time St. Clair / Vest Playlists: What We're Listening to This Week Barbara LaMorticella Poetry and the City of Ideas Poets' Basement LaMorticella, Buknatski, Engel, Albert and Davies Website of the Weekend NLR: The Chequered Rainbow     November 25, 2005 David Price How US Anthropologists Planned "Race-Specific" Weapons Against the Japanese Brian McKenna Will Bush Miss the Next Bhopal? Jeff Halper Peretz or Bust? Ray McGovern Will the US Seize the Opportunity for Troop Withdrawal? Leigh Saavedra Thanksgiving at Camp Casey Ingmar Lee How Have the Mighty Fallen? Website of the Day Saving Cathedral Grove   November 24, 2005 James Petras How to Think About War and Peace Bob Shirley Thanksgiving Torture: What the Puritans Fled Mike Fox Torture Survivors Speak for Themselves Niranjan Ramakrishnan Adrift? Perhaps. A Draft? Never! Greg Moses Thanksgiving Delayed: TX High Court Blesses Inequality Alexander Cockburn Turkeys in the Larger Scheme of Things   November 23, 2005 Ramzy Baroud The Great Gaza Border Deal: What Does It Mean? Mike Whitney Bush, Padilla and Thomas More Stan Cox Red, White and Blue Dawn: What a Bad Hollywood Film Can Teach Americans About Life Under Occupation Linda S. Heard Targeting Al Jazeera November 22, 2005 Kevin Gray / Mike Hersh Maxine Waters, the Real Leader of the Anti-War Caucus Ralph Nader What Do Dems Stand For? Michael Donnelly The "Vetting" of Bernard Kerik Mike Ferner The CIA's "Torture Taxi" in the Spotlight Pierre Tristam The Justice Deficit Marshall Auerback Bush's "Compassionate Conservativism": Neither Compassionate Nor Conservative Website of the Day I Don't Like Geldof   November 21, 2005 Mike Marqusee Clinton's Hypocrisies on Iraq Josh Frank Democratic Hawks: the Avian Flu of the Antiwar Movement Mike Whitney Hugo Chavez vs. the King of Vacations Norman Solomon Getting Out of Iraq Russ Baker Woodward's Weakness Robert Jensen A National Day of Atonement Paul Craig Roberts Lies and Official Secrets   November 19 / 20, 2005 Fred Gardner The Raid on MendoHealing Rep. Cynthia McKinney The House GOP Has Done a Heinous Thing: Stop Playing Politics; Get the Troops Out Now Ron Jacobs A Pathetic Congress: If It Walks and Talks Like a Withdrawal Resolution, Why Won't You Vote For It? David Vest The Politics of Surrender: It's as American as Robert E. Lee J.L. Chestnut, Jr. Condi Rice's Disdain for the Civil Rights Movement John R. Bomar Staying the Course on "Freedom's Frontier": a Vietnam Vet on Iraq John Ross The Dragon Flies High, But Not Over Mexico Phillip Cryan Colombia: "Political Kidnapping" and Murder in Cauca Dave Lindorff RIP In These Times Dick J. Reavis The Future of the Daily Press Jeremy Scahill Vegetarian Between Meals: This War Can't Be Stopped by a Loyal Opposition Dan Wright Cleaning Up Alaska's Scan Bay John Stanton Scowcroft Talks Turkey; Edmounds Fights Fascism St. Clair / Vest / Walker Playlist: What We're Listening to This Week Phyllis Pollack The Stones: Rarities Dr. Susan Block Our Night of Weimar Love Poets Basement Albert, Engel, Ford, Harley and Louise   November 18, 2005 Michael Neumann The Palestinians and the Party Line Dave Lindorff Murtha and the L Word Michael Donnelly Black November 15 Mark Chmiel / Andrew Wimmer Uncrucify Them Don Monkerud A Decent Workplace Tom Kerr Grant Clemency to Tookie Williams Trish Schuh Faking the Case Against Syria   November 17, 2005 John Walsh A Fractured Anti-War Movement Rep. John Murtha Iraq Must Be Freed from the US Occupation Brian J. Foley We Are All In GITMO Now CounterPunch News Service Guardian Apologizes to Chomsky; Publishes Total Retraction of Brockes' Slurs Dave Lindorff In Post-Saddam Iraq, There are No Civilians Mark T. Harris Coming Out in an Up-and-Coming Sport Cockburn / St. Clair From Reporter to Courtier: the Decline of Bob Woodward   November 16, 2005 John F. Sugg Al-Arian Speaks: In His First Interview Since the Trial Began, Al-Arian Talks About What the Jury Didn't Hear Noam Chomsky Putting Out the Englightenment Dave Lindorff Shake and Bake: Pentagon Admits Using Phosphorous Bombs on Fallujah Evelyn Pringle Laurie Mylroie's War Sam Husseini Trying to Look a Female Suicide Bomber in the Eye Pierre Tristam Toturers' Theater Greg Bates Waffling Alito Charms DiFi Farrah Hassen Moustapha AkkadDavid Lean of the Middle East Killed in Amman Blast Bill Christison Evidence Mounts That Bush Wants New Wars Website of the Day Violent Oscillations   November 15, 2005 Todd Chretien My Evening in the No Spin Zone; Or Why Bill O'Reilly Hates San Francisco Leah Caldwell Death of the Jailhouse Press Frederick Hudson Rosa's Wreath: Miss Parks and Robert Williams Harry Browne Bush-Linked Judge Bows Out: Another Mistrial in Irish Ploughshares Case Jason Leopold Secret CIA Testimony: Iraq Posed No Threat Ingmar Lee Logging Lackies vs. Canada's Most Endangered Species Diana Barahona Showdown on the Silver Coast Tom Andre New Orleans, Two Months Later Website of the Weekend Ernest Crichlow: 1914-2005   November 14, 2005 Diana Johnstone The Origins of the Guardian's Attack on Chomsky Paul Craig Roberts Power Over All: Unlimited Detentions and the End of Habeas Corpus Conn Hallinan Provoking Syria: Cambodia All Over Again? Joshua Frank Off She Goes: Hillary in Israel Christopher Reed The Persistence of Racism in Koizumi's Japan   November 11 / 13, 2005 Alexander Cockburn First the Lying, Then the Pardons Gwyneth Leech Cross Connections: a Painter Reimagines the Passion of Christ in the Wake of Abu Ghraib Elmas Mallo Chillin' in the Blazin' Texas Sun: Inside the Texas Prison System Michael Neumann The Rebel King of Bluegrass: Jimmy Martin, an Appreciation Saul Landau Leakgate: the Screenplay Sam Husseini Bush and Zarqawi Bomb Because We Let Them Brian Cloughley Sleaze, Deceit and Torture Ron Jacobs Rep. McGovern's Withdrawal Resolution: a Step in the Right Direction? Lila Rajiva Dover Bitch: the Curses of Pat Robertson Michael Donnelly Hypocrisy Watch Joe Allen Murder in El Salvador: Who Killed Gilberto Soto? Roland Sheppard Lessons from the Montgomery Bus Boycott Justin E.H. Smith Another Monkey Trial? Ben Tripp The Cost of War St. Clair / Vest Playlists: What We're Listening to This Week Poets' Basement Jones, Louise, Ford, Smith, Albert and Engel Website of the Weekend Iraq Vets and Against the War Need Your Help!     November 10, 2005 Peterside, Ogon, Watts and Zalik Delta Blues Again: Ken Saro-Wiwa, 10 Years Gone Pat Williams Will Alito Cost the Republicans the Senate? Steve Higgs Bush Crony Targets Indiana's Forests: 400% Hike in Logging Jimmy Massey Is Ron Harris Telling the Truth? Lucson Pierre-Charles Haiti: Insanity Takes Over Anthony Newkirk Syria in the Crosshairs Lawrence R. Velvel Why Did Libby Lie? Website of the Day Imperial Margarine November 9, 2005 Gary Leupp The Niger Deception / Plame Affair: an Incomplete Chronology Tariq Ali Blair Defeated on Terror Laws Chris Floyd The Philosopher's Stone Elaine Cassel The Shocking Trial of an American Citizen: the Case of Ahmed Abu Ali Joshua Frank Sen. Max Baucus's NASCAR Pay Day Alison Weir Memo to Jon Stewart: Glad You're Against Torture, So Why'd You Give Israel a Pass? Diana Johnstone Rage in the Banlieue November 8, 2005 Paul Craig Roberts Still No Jobs Roger Burbach Bush v. Chavez: the Imperial President Meets the Bolivarian Democrat Ron Jacobs An Interview with Behzad Yaghmaian on the Paris Uprising Ralph Nader "The Worst Marketed Disease on the Planet" Jim McGrath Voter Beware: a Cautionary Tale for Election Day David Bloom McCain, Israel and Torture: Setting the Record Straight Stan Goff Jimmy Massey, Ron Harris, and Ambush Journalism         Subscribe Online

December 20, 2005 Montana Weeps, Canada Reaps Natural Gas, a Montana Tragedy By JACKIE CORR As you well know, natural gas prices are skyrocketing which is not bad news for everybody. But natural gas prices are not good news for the Montana public that was recently robbed of their access to regulated and affordable natural gas. And right now, in the grip of a prolonged cold spell, when 10 above zero sounds balmy, many in the Big Sky are dreading the arrival of utility bills in the mail. And why is that? Well the $30 dollars worth of natural gas you paid for in the year 2000 is now costing you $75. And if the crystal balls in Texas who keep track of the BTU numbers are right, that same $30 worth of natural gas Montana people purchased in 2000 could be $100 within a year, just in time for the upcoming winter of 2006 -2007. And that is quite a jump, one that would have been undreamed of in the good old days before deregulation. Of course that is how the good old days are measured now in Montana--before and after deregulation. Of course, Montana deregulation promised us something different. Like marketplace competition and lower prices. But what Montana deregulation delivered was, and will be, is a Big Sky nightmare. And one that is not going away anytime soon.. And a needless nightmare at that. Prior to deregulation, Montana produced twice as much power as it could use, had the sixth lowest prices in the nation, and Montana Power had a duty to serve Montana. In other words there was no problem to fix or no need for deregulation. So, to tell this little story, and this is only the natural gas part of it, we will return to the year 2000 and the giddy days of Montana deregulation, a time when the greedy yuppies of the new economy running our old power company were selling the horses in the barn. As CEO Bob Gannon kept saying: "The industrial age is over, The information age is here. It's a total transformation. That's literally what is happening and we happen to be in a position to be a part of that." So without a blink of an eye, Gannon and chums sold off the Montana Power's extensive natural gas holdings, assets which had been built up over 60 years Of course they were backed in this by the Montana Power Board of Directors, the Butte Local Development Corporation, the Montana Chamber of Commerce, D.A. Davidson, as well as then governor Marc Racicot and a notoriously corrupt, incompetent and lobbyist ridden majority in the state legislature. (At this point, it should be noted that, as Montana Power was built by the Anaconda Copper Company for the Butte mines and Anaconda and Great Falls smelters, PanCanadian was created as the energy corporation of the Canadian Pacific Railroad about the time our now vanished power company was coming together in the early days of the 1900's. But unlike Montana Power, PanCanadian stayed in the business they were in and are still around.) Thus, on August 29, 2000, PanCanadian agreed to buy the natural gas business of the Montana Power Company for $475 million in chump change, a sum that soon disappeared in a high tech something in Butte called Touch America. All in all, it was a very small sum for the Canadians, the proverbial 30 pieces of silver or less going to Touch America. And, it will do well to remember at the time, CEO Gannon and his buddy Racicot were in a very big hurry to get the money to keep Touch America afloat. But there was another and even bigger reason behind the haste. For the Pan Canadian sale was immediately followed by the Montana Power's Board of Directors authorization of a 6.6 million share buyback of their own stock.. The decision cost the company $255 million; the purchased shares now valued at about $10 dollars or so. In other words the Montana Power management was so desperate for cash to keep afloat until the Initial Public Offering promised by Wall Street, that it was selling its own stock at a discounted price. And that problem was turning into a two-edged sword. As the Wall Street Journal's Bill Richards would later report "Mr. Gannon and others say Goldman's bankers warned that the IPO market was losing its luster and urged them to sell their power-making assets quickly to get the best price." In other words, for the Montana Power management to cash in on the expected IPO windfall, the Wall Street investment bankers ruled they had to sell off all their utility assets which provided their only cash flow. Well here we are today and much of what happened since has been lost to us in sealed records of a Delaware bankruptcy court. But what we do know is that in January of 2005 Morgan Stanley and Goldman Sachs agreed to pay $40 million each to settle federal charges that they awarded coveted initial public offering shares in a manner that may have artificially pumped up stock prices during the late 1990s. The SEC complaint said that "in the late 1990s, share prices of technology IPOs, many of them brought to market by Morgan Stanley and Goldman Sachs, often skyrocketed in the first few days of trading, providing quick riches to share recipients who sold before the bubble began to burst in early 2000. Investors who bought into OVERRATED IPOs in the aftermarket and held onto the shares as the market fell lost billions of dollars." But if there were billions of dollars lost by investors, there was other big money to be made by the bankers. Records show that in the 20 months between November 1998 and July 2000, three firms, Goldman Sachs, Morgan Stanley Dean Witter, and Credit Suisse First Boston each pocketed more than $500 million in underwriting fees from IPO's. Overall, during that same time span, high-tech underwriting as a whole brought in close to $1 billion for each bank. But as Bob Gannon had said: "The information age is here. It's a total transformation." So if you wonder why they are always laughing on Wall Street, I can guarantee you that there will never be a shortage of Bob Gannons and other such sheep to be sheared by the New York sharpies. But even here Gannon and the gang were far behind the eight-ball. It turns out that by the time Touch America got its house in order to the satisfaction of the Wall Street investment bankers, the bubble had burst. For the "irrational exuberance" as Alan Greenspan had described was gone before Touch America made its much anticipated IPO killing. And Touch America, which had never - not even for one minute--been a legitimate business, was left to die on the cross by the New York bankers. Even worse, and I cannot emphasize this statement enough, Montana's entire financial foundation had been ruined. But don't look for explanations because that isn't how they do things on Wall Street. As, in all such settlements or charges and lawsuits filed, neither Morgan Stanley nor Goldman Sachs admitted or denied wrongdoing nor do they ever comment on regulatory matters. But if the deal was good for Wall Street and a catastrophe for Montana, it turned out to be a bonanza for the Canadians. What PanCanadian got was lucrative Montana Power gas field properties in not just Montana, but in Alberta, British Columbia, Saskatchewan Colorado, Oklahoma and Wyoming as well.. And, as an additional throw-in bonus, the PanCanadians also got three solid gold money making gas pipelines as it turned out, pipes that link Alberta and Saskatchewan to Montana, giving PanCanadian and now EnCana, even more valuable access to US markets. "ROCKET SCIENCE" A year after the 2000 sale (on Sept. 2001), PanCanadian's president described the deal the Canadians.received from the Montana dummies running Montana Power. "It wasn't rocket science to see the potential of this deal for PanCanadian. We've already increased our gas production by 15 percent on the former Montana Power lands since the closing of the deal." Shortly thereafter, on April 18, 2002, PanCanadian closed what remained of its Butte office. As of that date not a trace remained of what was once Montana Power's vast natural gas empire in the western United States and Canada. Then, after Goldman-Sachs had pocketed its hefty fees and said goodbye, and with Touch America headed down the bankruptcy tube, PanCanadian merged with another Calgary company, Alberta Energy, to form the present Calgary based EnCana Corporation. Today, EnCana has become one of the world's largest independently owned natural gas companies in the world with over 5,000 employees.. Better yet--in both 2003 and 2004--EnCana was Canada's most profitable company reporting $3.5 billion (U.S.) in profits on $12.2 billion in revenue. And better days are coming. In October, Dow Jones Canada reported EnCana was said to have rejected a bid from Shell Oil for close to $60 billion. And at home, EnCana has just announced that in Calgary they would build what will be Canada's largest office tower (outside of Toronto.) The cost of this Canadian jewel is estimated at $500 million or over. Besides the new megabucks Calgary structure, EnCana also said it will spend $200 million constructing a new state-of-the-art natural gas processing plant in Colorado. And that is the way it goes in the Big Sky. The Wall Street bankers are happy and the Canadians are happy. And predictably, the Montana resident, as usual, has been left to the debaucheries and depredations of the Wall Street bankers and the marketplace which will be forever included in his or her's monthly utility bills.. Hopefully, and hopefully is the best we can do right now, a day will come when the Montana public will get fed up with what has been described above happening over and over again. And if I don't sound too optimistic about that change, there is good reason. Montana history, time and time again, is a rerun of the past. Jackie Corr lives in Butte. He can be reached at jcorr@bigskyhsd.com

Coming in the Fall from CounterPunch Books! The Case Against Israel By Michael Neumann Click Here to Advance Order Philosopher Michael Neumann's Devastating Rebuttal of Alan Dershowitz WHAT'S INSIDE Grand Theft Pentagon: Tales of Greed and Profiteering in the War on Terror by Jeffrey St. Clair CounterPunch Speakers Bureau Sick of sit-on-the-Fence speakers, tongue-tied and timid? CounterPunch Editors Alexander Cockburn and Jeffrey St Clair are available to speak forcefully on ALL the burning issues, as are other CounterPunchers seasoned in stump oratory. Call CounterPunch Speakers Bureau, 1-800-840-3683. Or email beckyg@counterpunch.org.