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Gore Vidal releases new book about the founding fathers, has some words for the current administration. Vidal: But mostly we find the sort of corruption Franklin predicted. Ours is a totally corrupt society. The presidency is for sale. Whoever raises the most money to buy TV time will probably be the next president. This is corruption on a major scale. Enron was an eye-opener to naive lovers of modern capitalism. Our accounting brotherhood, in its entirety, turned out to be corrupt, on the take. With the government absolutely colluding with them and not giving a damn. Bush’s friend, old Kenny Lay, is still at large and could just as well start some new company tomorrow. If he hasn’t already. No one is punished for squandering the people’s money and their pension funds and for wrecking the economy. So the corruption predicted by Franklin bears its terrible fruit. No one wants to do anything about it. It’s not even a campaign issue. Once you have a business community that is so corrupt in a society whose business is business, then what you have is, indeed, despotism. It is the sort of authoritarian rule that the Bush people have given us.
posted by skallas on Nov 15, 2003 - 61 comments

How Niagara Mohawk and Enron brought energy deregulation to the US. Greg Palast explores the links between Mohawk, Enron, Bush I, and George Pataki and how their successful attempts at deregulation has left the US with a weaker grid and more expensive energy.
posted by skallas on Aug 16, 2003 - 44 comments

All this week the Chicago Tribune has been running a special in-depth series about the Enron/Anderson debacle. There's lots of interesting reading here, most of which leaves one shocked at seeing how some American businesses are run. A good starter is Ties to Enron Blinded Anderson, which shows how the greed of both companies mixed with the old boy's club mantra of 'scratch my back and I'll scratch yours' led to collusion and fraud on level never before known in modern business. Reg: cpunks/cpunks
posted by skallas on Sep 4, 2002 - 16 comments

Michael Moore gives his long awaited Enron rant. No wonder Cheney wants to keep things under wraps. That is if you believe all of Moore's accusations.
posted by skallas on Feb 1, 2002 - 45 comments