What’s This About “Accountability.”

What’s This About “Accountability.”

What’s This About “Accountability.”

George W. Bush could not bring himself to mention the name “Enron” inhis State of the Union address. But no one doubted that, when thepresident spoke of the need for greater corporate accountability Tuesdaynight, he was refering to the economic and political scandals that havearisen in the aftermath of the collapse of Houston-based Enron Corp.

Credit Bush with a few calming lines in response to mounting concernsregarding the behavior not just of Enron executives but of members ofhis own administration with close ties to the bankrupt energyconglomerate. It was good to hear the most corporate president inAmerican history tell Congress that, “Through stricter accountingstandards and tougher disclosure requirements, corporate America must bemade more accountable to employees and shareholders and held to thehighest standards of conduct.”

But, as Bill Clinton illustrated year after year, State of the Uniontalk comes cheap.

Copy Link
Facebook
X (Twitter)
Bluesky
Pocket
Email

George W. Bush could not bring himself to mention the name “Enron” inhis State of the Union address. But no one doubted that, when thepresident spoke of the need for greater corporate accountability Tuesdaynight, he was refering to the economic and political scandals that havearisen in the aftermath of the collapse of Houston-based Enron Corp.

Credit Bush with a few calming lines in response to mounting concernsregarding the behavior not just of Enron executives but of members ofhis own administration with close ties to the bankrupt energyconglomerate. It was good to hear the most corporate president inAmerican history tell Congress that, “Through stricter accountingstandards and tougher disclosure requirements, corporate America must bemade more accountable to employees and shareholders and held to thehighest standards of conduct.”

But, as Bill Clinton illustrated year after year, State of the Uniontalk comes cheap.

So how can Bush prove to the American people he is serious about thiswhole accountability thing?

The president could start by identifying the executives of Enron andother corporations who met with him and Vice President Dick Cheney toforge the administration’s energy policy. So far, the president hasrefused to release any of the names, calling demands for details frommembers of Congress and the General Accounting Office “an encroachmenton the executive branch’s ability to conduct business.”

Here’s a hint for the president as he explores “the highest standards ofconduct”: If he wants to teach corporations to be more accountable, hemight start by being more accountable about the official business hehimself is conducting with corporations such as Enron.

Support independent journalism that does not fall in line

Even before February 28, the reasons for Donald Trump’s imploding approval rating were abundantly clear: untrammeled corruption and personal enrichment to the tune of billions of dollars during an affordability crisis, a foreign policy guided only by his own derelict sense of morality, and the deployment of a murderous campaign of occupation, detention, and deportation on American streets. 

Now an undeclared, unauthorized, unpopular, and unconstitutional war of aggression against Iran has spread like wildfire through the region and into Europe. A new “forever war”—with an ever-increasing likelihood of American troops on the ground—may very well be upon us.  

As we’ve seen over and over, this administration uses lies, misdirection, and attempts to flood the zone to justify its abuses of power at home and abroad. Just as Trump, Marco Rubio, and Pete Hegseth offer erratic and contradictory rationales for the attacks on Iran, the administration is also spreading the lie that the upcoming midterm elections are under threat from noncitizens on voter rolls. When these lies go unchecked, they become the basis for further authoritarian encroachment and war. 

In these dark times, independent journalism is uniquely able to uncover the falsehoods that threaten our republic—and civilians around the world—and shine a bright light on the truth. 

The Nation’s experienced team of writers, editors, and fact-checkers understands the scale of what we’re up against and the urgency with which we have to act. That’s why we’re publishing critical reporting and analysis of the war on Iran, ICE violence at home, new forms of voter suppression emerging in the courts, and much more. 

But this journalism is possible only with your support.

This March, The Nation needs to raise $50,000 to ensure that we have the resources for reporting and analysis that sets the record straight and empowers people of conscience to organize. Will you donate today?

Ad Policy
x