excerpt:
http://www.workingforchange.com/article.cfm?itemid=20887The interesting thing about Lay and Skilling is they weren't trying to evade the rules, they were rigging the rules in their favor. The fix was in -- much of it law passed by former Sen. Phil Gramm of Texas, whose wife, Wendy, served on the board of Enron.
Where does that sense of entitlement come from? What makes a Ken Lay think he can call the governor of Texas and ask him to soften up Gov. Tom Ridge of Pennsylvania on electricity deregulation? Not that being governor of Texas has ever been an office of much majesty, but a corporate robber wouldn't think of doing that if it were Brian Schweitzer of Montana or Bill Richardson of New Mexico.
The extent to which not just state legislatures but the Congress of the United States are now run by large corporate special interests is beyond mere recognition as fact. The takeover is complete. Newt Gingrich and Tom DeLay put in place a system in which it's not a question of letting the head of the camel into the tent -- the camels run the place.
It has all happened quite quickly -- in less than 20 years. Laws were changed and regulations repealed until an Enron can set sail without responsibility, supervision or accountability. The business pages are fond of trumpeting the merits of "transparency" and "accountability," but you will notice whenever there is a chance to roll back any of New Deal regs, the corporations go for broke trying to get rid of them entirely.
I'm not attempting to make this a partisan deal -- only 73 percent of Enron's political donations went to Republicans.