Sunday, June 04, 2006
REMEMBERING HOW ENRON HELPED ELECT LONG WAR PRESIDENT BUSH
That Lay was instrumental in Bush’s rise to the presidency is indisputable. Since 1993, Lay and top Enron executives donated nearly $2 million to Bush. Lay also personally donated $326,000 in soft money to the Republican Party in the three years prior to Bush’s presidential bid, and he was one of the Republican “pioneers” who raised $100,000 in smaller contributions for Bush. Lay’s wife donated $100,000 for inauguration festivities.
As governor, Bush did what Enron wanted, cutting taxes and deregulating utilities. The deregulation ideology, which George W. long had adopted as gospel, allowed dubious bookkeeping and other acts of chicanery that shocked Wall Street and drove a $60-billion company, seventh on the Fortune 500 list, into bankruptcy.
This emerging scandal makes Whitewater seem puny in comparison; clearly there ought to be at least as aggressive a congressional inquiry into the connection between the Bush administration and the Enron debacle. Facts must be revealed, beginning with the content of Lay’s private meeting with Vice President Dick Cheney to create the administration’s energy policy.
The Enron Story Everyone Is Missing: The Bush-Ken Lay Connection
Written by truthdig.com/Robert Scheer
Thursday, 01 June 2006
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