Enron & Bush Connection

Democracy Now! | Enron: The Bush Connection: "ROBERT BRYCE: She was on the board at Enron at the same time that Graham was in the Senate sponsoring legislation that benefited Enron. Not only did Graham not recuse himself, he sponsored legislation that effectively allowed Enron to operate as an unregulated commodities exchange. So, I mean, there's plenty of -- Enron's money corrupted a lot of elements of government, and it wasn’t just the Bush administration. I’m not saying that to excuse the Bush administration, because, I mean, when you look at Enron and you look at the Bush administration, you see the similarities. Both operated with this clear idea that they were going to change the world, that the world was going to follow their new business model and that that was going to change the world forever.

What else? Well, they launched brutal attacks on anybody who doubted any of their programs. They had huge surges in debt that they covered up with creative accounting. We see that now with the Bush administration, creating some of the largest deficits in American history of any presidency in American history, and also just this idea that they were on a religious mission. This was -- their business model was going to change the world. No one could doubt them. Anyone who did was immediately cast aside. And in a word, it's the same commodity, the same trait that brought down Enron is the defining trait of the Bush administration, and that's hubris. It’s the Greeks’ fatal flaw. And I think that that clearly came home to roost with Lay and Skilling, and I think eventually it’s going to come home to roost with the Bush administration."