Ours will be remembered as the Enron era. Enron itself is a distant memory -- much like all that circa 2000 talk of a smoothly efficient C.E.O. presidency led by a Harvard M.B.A. and a former chief executive of Halliburton. But even as American business has since been purged by prosecutions and reforms, the mutant Enron version of the C.E.O. culture still rules in Washington: uninhibited cronyism, cooked books, special-favors networks, the banishment of whistle-blowers and accountability. More than ideology, this ethos has sabotaged even the best of American intentions, whether in Iraq or New Orleans. Unchecked, it promises greater disasters to come.
YET it's not only the administration that is to blame, any more than it is only the executives who are at fault when a corporation rots. Culpability also belongs to the board that rubber-stamps the shenanigans -- to wit, Congress. Republicans in the Senate are led by Bill Frist, who, in the grandest Enron manner, claimed last week that it was to avoid a conflict of interest that his supposed ''blind trust'' unloaded all of his holdings in a Frist family-founded company just before its stock tanked. (Federal prosecutors and the S.E.C. are investigating.) As for the Democrats, they are nonpareil at posturing about the unstoppable nomination of John Roberts -- a conservative, to be sure, but the rare Bush nominee who seems both qualified for his job and unsullied by ethical blemishes. Yet when David Safavian was up for a job involving hundreds of billions of dollars, and much of his dubious resume was fully known, he was approved by the ranking Democrat, Joe Lieberman, and all his colleagues of both parties on the Governmental Affairs Committee.
Which is to say that the rest of us, the individual shareholders in government who have voted in our Enron-era politicians, are responsible, too.
Go read Daddy Frank. It's important to partake of something you get for free that you're supposed to pay for, as in "the cheaper the grapes, the sweeter the wine".
No comments:
Post a Comment