George W. Bush must be feeling an acute sense of déjà vu these days, as the dubious dealings of the accounting firm Arthur Andersen, LLP take center stage in the Enron scandal.
For weeks, conservative commentators and Bush White House defenders have been huffing that the Enron matter is a corporate scandal, not a political controversy–that it is an affair of business sku
The pirate ship has sunk beneath the waves.
The swabs who haven’t gone to wat’ry graves
Row desperately, though all of them now know
Their water and their food are running low.
They row their wretched boats and curse their lot.
Receding in the distance is a yacht
That carries all their officers, who knew
The ship was doomed but didn’t tell the crew.
The officers stand tall. They saw their duty:
Desert the ship by night and take the booty.
With developments in the Mumia Abu-Jamal case and Pacifica's re-emergence, the left has a couple of victories under its belt; the Enron scandal develops further.
The connections between Enron and the Bush administration run deep—and they should be investigated.
Enron's collapse is a perfect illustration of deregulation and capitalism without a conscience.