David Corn and Joe Conason, writing respectively in
http://www.motherjones.com/news/feature/2008/07/foreclosure-phil.html">Mother Jones and
http://www.salon.com/opinion/conason/2008/05/30/mccain_gramm/">Salon, have detailed how Phil Gramm, by creating back in 2000 the "Gramm-Enron" deregulatory loophole, has single-handedly played a crucial role in decimating this nation's economy. Only a few, regional, papers have picked up on the Gramm story, such as
http://www.philly.com/philly/opinion/inquirer/20080611_Editorial__Oil_Trading.html">The Philadelphia Inquirer,
http://www.cmonitor.com/apps/pbcs.dll/article?AID=/20080610/OPINION/806100344/1029/OPINION03">The Concord Monitor (NH), and
http://www.star-telegram.com/ed_wallace/story/659081.html">The Fort-Worth Telegram.
But where's the New York Times? The Washington Post? NBC? ABC? (Dumb question especially with the latter: any network that employs corporate whore John Stossel obviously can't be trusted to look into these kind of matters?) Someone responded to Corn's piece on the Mother Jones site with a comment that gets right to the heart of the matter:
"It's amazing how the press has not or will not pick up on stories where politicians or lobbyist are defrauding the American people, placing their money on off-shore accounts to avoid paying their taxes, writing economic policies that favor the wealthy, and lying to the American people straight from the White House."