If there's any sane lesson that Congress should take away from the Enron political scandal (and this is assuredly both a corporate and political scandal), it is not that we need campaign finance reformit is that we need federal spending reform. Want to get rid of corporate political corruption? Abolish corporate welfare so that Fortune 500 firms don't spend half their energy and public relations budgets farming Washington. With $100 billion of corporate loot divvied up by Congress every year, the wonder is that there aren't 100 Enrons out there, with tentacles into every law firm, media outlet and congressional office in the District of Columbia. And perhaps there are. The one lesson I've learned from my 20-year experience in Washington is that corporate America is perhaps a bigger adversary to small government and the free market than even Tom Daschle. Republicans, and specifically the Bush administrationwhich, of course, had a particularly cozy relationship with Enroncould go a long way toward defusing the Enron crisis by calling for abolition of the Commerce Department, the Export-Import (Ex-Im) Bank and other CEO feeding troughs. That'll probably happen the day the Olympics installs fair and impartial judges at skating events. Whats this got to do with war? SEE MWO's ANNALs of ENRON,it will all become clear.
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Matthew X