Bush's Enron LiesFour years ago, when the taboo against calling George W. Bush a liar was even stronger than it is today, the national news media bought into the Bush administration’s spin that the President did nothing to bail out his Enron benefactors, including Kenneth Lay.
Bush supposedly refused to intervene, despite the hundreds of thousands of dollars that Enron had poured into his political coffers. That refusal purportedly showed the high ethical standards that set Bush apart from lesser politicians.
Bush’s defenders will probably reprise that storyline now that former Enron Chairman Lay and former Chief Executive Officer Jeffrey Skilling stand convicted of conspiracy and fraud in the plundering of the onetime energy-trading giant. But the reality is that the Bush-can’t-be-bought spin was never true.
For instance, the documentary evidence is now clear that in summer 2001 – at the same time Bush’s National Security Council was ignoring warnings about an impending al-Qaeda terrorist attack – NSC adviser Condoleezza Rice was personally overseeing a government-wide task force to pressure India to give Enron as much as $2.3 billion.
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