Current Events — HabitableZone

Current Events » in reply to Look Closer

Follow the money

The cash ins started when the Enron house of cards started to tumble. Those execs knew it was going to happen, so they cashed in early leaving everyone else holding the bag.

To know the extent of the Republican's participation, just look what happened when Enron began to collapse:

Clinton's Secretary of the Treasury, Rubin, a high-ranking executive at CitiCorp, called the Bush Administration asking for special treatment. CitiCorp held huge Enron debts and wanted to sell out. Rubin was refused. Enron got no special treatment from Bush.

How much of the so-called Clinton boom times were really based on smoke and mirrors? Worldcom fraud has been traced back to at least 1999. Other corporate fraud also dates back long before Bush took office. Virtually all of the Dot-Com pyramid schemes took place before Bush took office. It seems the 1990s were more the Decade of Fraud and Deceit than the Decade of Clinton Prosperity.

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