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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Arthur Radley who wrote (463382)9/23/2003 9:33:13 AM
From: JakeStraw  Respond to of 769670
 
Clinton and Enron

Every time you turn on the news and hear about Enron Corp. and its bankruptcy, you hear all about how George W. Bush allowed Enron to influence his energy policy. The collapse of Enron is the best thing to ever happen to John McCain, Russ Feingold, Marty Meehan, and Chris Shays. It's given them a pulpit from which to preach from. It's given new life to campaign finance reform. So the Democrats are loving this for several reasons: it's given a huge boost to campaign finance reform supporters, it has given them an example of the eeeevil Republican-caused recession, and they think that they can turn it into President Bush's own personal scandal. Clinton had Monicagate, fine they say, give Bush Enrongate.

Even though they cannot come up with a single bit of evidence to connect Bush or his Administration to Enron...in fact, the Bush Administration REFUSED to help Enron when asked...the Democrats keep trying to connect the Bush Administration to the Enron bankruptcy. Which is why this newest finding is so deliciously interesting. According to The Washington Times, the Clinton Administration gave over $1 billion to Enron's overseas projects. ONE BILLION DOLLARS FOLKS! This is not a hand-out, this is a take-the-whole-damn-cash-drawer. Why haven't we heard this in the news? Simple, the media loves this so-called Bush connection. Folks, watch the news. You won't hear anything about Clinton, but you'll hear all about the "help" Bush gave Enron. Even though he refused to help! Unbelievable.

Between 1993 and 2000, Enron proposed 20 projects to build power plants, natural-gas pipelines, and other facilities all around the world. Clinton and his government cronies financed 19 of these projects. Oh, and remember the Kyoto Treaty that Bush (rightfully) yanked us out of? Well, that treaty was pushed for by Enron, and signed by Clinton. So add another Clinton-tie to the list.

And as for Enron Chairman Kenneth Lay? We've all heard how Bush called Lay "Kenny Boy" and all about how they are such great friends. But get this: Clinton called Lay an exemplary "corporate citizen" at a White House event because of Enron's enlightened personnel policies. And it doesn't stop there. Ken Lay was Bill Clinton's golf partner on numerous occasions, he slept in the Lincoln Bedroom, and attended several of Clinton's coffees along with other Enron executives. And yet we hear about Bush and Lay?!? Give me a break

yatesnetwork.tripod.com



To: Arthur Radley who wrote (463382)9/23/2003 9:34:55 AM
From: JakeStraw  Read Replies (1) | Respond to of 769670
 
Dancing Around Bill Clinton’s Enron Deals

The three broadcast networks’ evening newscasts — the ones that shrugged their shoulders over Whitewater because it was a complicated business story with a lot of numbers — have pumped out 198 Enron stories since January 9 without any evident boredom. Enron’s bankruptcy seems actually to excite reporters like CBS’s Bob Schieffer who champion it as a parable about money and politics.

"Reformers say embarrassment over the nearly $6 million that Enron has lavished on Congress may be what it finally takes to force [campaign finance] reform," Schieffer exulted on the February 13 CBS Evening News, inadvertently explaining his network’s above average focus on Enron (71 stories on Evening News, 10 percent more than World News Tonight’s 64 and NBC Nightly News’s 63).

But even as they use the plight of Enron shareholders to lecture about the corrupting nature of campaign dollars, the networks have shown a double standard. While trumpeting the GOP’s ties to the bankrupt energy firm, the Big Three have been muted about the benefits Enron bestowed upon former President Bill Clinton and the assistance the company received during his eight years. Indeed, only six of those 198 stories (3%) hinted at Clinton’s Enron connection, even as the evidence builds:

-- Lots of Enron money found its way to Clinton’s accounts. "During the Clinton years, Enron contributed more than $1 million to the Democratic Party, including $600,000 to the Democratic National Committee," the Washington Times’s Patrice Hill recounted on February 21. That’s not as much soft money as was given to the GOP (more than $2 million), but it’s more than enough to get corporate chiefs the "access and influence" that self-appointed reformers find so revolting.

-- Clinton’s administration loaned taxpayer money for Enron deals. Back in the ‘90s, Clinton officials boasted of a foreign policy which focused on getting deals for select U.S. businesses, including Enron. (See box.) Now bad deals, like Enron’s worthless power plant in Dabhol, India, are plaguing taxpayers. Two federal agencies — the Overseas Private Investment Corporation and the Export-Import Bank loaned campaign contributor Enron $1.2 billion during the Clinton years, most of which ($964 million) Enron hasn’t paid back yet, according to a February 21 New York Times story.

-- Former Clinton officials pleaded Enron’s case. Clinton’s chairman of the Federal Energy Regulatory Commission, Elizabeth Moler, joined Enron’s payroll as an anti-regulation lobbyist in 1999. That same year, former Clinton Treasury Secretary Robert Rubin turned down a seat on Enron’s board, but he called Bush officials on Enron’s behalf last November as the company’s financial woes mounted. Treasury under-secretary Peter Fisher turned Rubin down.

-- Network coverage: Rubin’s role was a secret on ABC and CBS, although NBC mentioned it on January 12, and no newscast covered Moler’s trip through the revolving door. Only CBS’s Bill Plante on January 18 and NBC’s Lisa Myers on February 25 detailed Clinton’s use of tax money to back the Dabhol plant, while ABC’s Jackie Judd (January 14) merely mentioned Enron’s access "to overseas trips with the Clinton administration." As for campaign money, only Plante, Myers, CBS’s John Roberts (January 11) and ABC’s Linda Douglass (January 10) mentioned Enron’s Democratic donations, although Douglass — too busy documenting Bush’s ties to Enron — limited herself to a single sentence.

By their own standards, the networks should be salivating at the combination of soft money, rewards for the company and bad deals for taxpayers. Why aren’t they interested in the details of Clinton’s deals with Enron?

mediaresearch.org