89. 2001 California energy crisis (refusal to intervene in this Enron manufactured crisis)
Refusing to intervene in the California electricity crisis in early 2001. On January 29, 2001, in remarks Bush said, “the situation is going to be best remedied in California, by Californians.” He maintained that the crisis occurred because demand outstripped supply but, in fact, the crisis was the result of unscrupulous speculators like Enron producing unnecessary shortages and then capitalizing on them.
