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Non-Tech : The ENRON Scandal

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To: Skywatcher who wrote (3753)	3/29/2002 8:04:54 PM
From: Mephisto	Read Replies (1) of 5185

"Modern political economy teaches us that small, well-organized groups often prevail over the broader public interest. The steel industry got the tariff it wanted, even though the losses to consumers will greatly exceed the gains of producers, because the typical steel consumer doesn't understand what's happening. "Blinded by the Right" shows that the same logic applies to non-economic issues. The scandal machine that employed Mr. Brock was, in effect, a special-interest group financed by a handful of wealthy fanatics — men like the Rev. Sun Myung Moon, whose cultlike Unification Church owns The Washington Times, and Richard Mellon Scaife, who bankrolled the scandal-mongering American Spectator and many other right-wing enterprises. It was effective because the typical news consumer didn't realize what was going on." Excerpt from "The Smoke Machine" nytimes.com By PAUL KRUGMAN >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> Paul Krugman is right. Organization and money pay off. W got into The White House because big money and the Republican machine supported him.

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