The Chicago Tribune and the ever-right-tilting
Sun-Times have taken largely a business-as-usual approach
to the Enron scandal: rest assured, citizens, this is merely a business
scandal and not a political one. Apparently, when you're a highly
popular president, due largely to an unpopular set of hijackings,
you are beyond any serious political scandals, or for that matter,
just about any real criticism at all.
In a commentary entitled "Soft Money Flavors Spirit of Democracy'
(2-11-02), the Sun-Times mentions Enron only once in its
discussion of soft money and campaign finance reform. The author
tells us the company "certainly didn't seem to get its money's worth
when it was circling the drain." Poor Enron.
Enron got its money's worth all right. Before the company "circled
the drain," it had installed its former employees in high offices
across the land, particularly in D.C. Its cozy government connections
also helped muscle its deregulatory desires in California and elsewhere
where the company went on to hit paydirt. A number of its senior
executives had extracted enough from its grossly inflated stocks
to retire at an early age. Yet, the Sun-Times tells us
Enron didn't get its money's worth. Did anyone at Enron really expect
their paid-off goons in Congress and the White House to wait up
for them to come home?
The Tribune's Steve Chapman manages to insult everyone
with his January 24 column: "A Non-Solution to a Non-Scandal: Campaign-Finance
Reformers Should Bypass Enron."
We get the example of a beleaguered, even betrayed Enron getting
the door slammed in its face when it needed help the most. "When
his (Lay's) company needed help in a crisis, it reaped a handsome
harvest of ingratitude."
Chapman claims that the failure of politicians to bail Enron out
is an example of campaign finance reform. So what more would we
want? Of course, real campaign finance reform would have pretty
much prevented the Enron fiasco in the first place.
He reports the Bush campaign received only $114,000 from Enron.
According to www.opensecrets.org,
in 1999-2000 Enron contributed $2.4 million in federal elections
(72% to Republicans) $1.6 million of it came in soft money.
Enron also made a corporate jet available for the Bush campaign,
and gave $100,000 to the Bush inaugural gala, which was matched
by Jeffrey Skilling and Kenneth Lay (who also gave $10,000 to the
Bush recount fund). Attorney General John Ashcroft took $57,499
from Enron and Lay for his failed 2000 Senate campaign.
And then to defy whatever we knew about the time-worn adage "money
buys influence," Chapman offers this incredulous assessment of influence
peddling: "But there has never been much evidence that corporations
can assure special assistance by giving to candidates or
that donors in general have much influence on how the recipients
vote."
Chapman should send a memo to all the ad agencies and PR companies,
telling them they should save their billions: big, splashy advertisements
simply don't work.
Finally, Chapman makes the one admission we've been waiting for:
"Of course, the danger of quid pro quo is not entirely imaginary."
In other words, there is a crack in the windowsill that may allow
in some degree of ill wind, but then we can just as easily shut
the window tight so that everything is secure.
So Chapman has another memo to get out as soon as possible. To
all corporate CEOs and underlings of major US companies, support
your candidate with your hard donations but save the millions in
soft donations for yourselves. They won't get you anywhere. Money
simply won't buy influence in Washington, DC. No, sir.
At times Chapman makes little sense at all. "In reality, the amount
of authentic corruption is far less than the reformers claim." If
he's talking about Enron, how could he possibly know this so early
in the investigation? If he's talking about the overall system of
dollars for votes in the US, then he is making a grandiose and in
fact laughable claim with nothing to support it.
Finally, he leaves us with this chestnut: "If Enron's bigwigs
thought the campaign finance system was a giant bazaar of favors
bought and sold, they know better now. When will the reformers figure
it out?"
Excuse me, when will the reformers figure what out? That boat-loads
of money coming from the private sector may affect decisions of
cash-strapped politicians? It's safe to say we've all figured this
one out already.
Secondly, when was the last chance these reformers, including
not a few Republicans wanting to keep their jobs after November,
had an honest chance to improve the system? That would be 1974,
following the horrendous political abuses of Watergate and Richard
Nixon's White House.