White House Moves to Contain Political Damage From Enron Turmoil, or so says Jack Lynch, in this latest front page ‘newsitorial’ (Credit Jonah Goldberg for the term).
“President Bush directed the Treasury Department and other agencies today to study how to protect pension plans from debacles similar to the collapse of the Enron Corporation.
The move followed the Justice Department’s decision late Wednesday to form a special task force of prosecutors from across the country to conduct the inquiry into the giant energy company’s downfall. But it also appeared aimed in part at containing the political damage from the turmoil at Enron, which had strong ties to the Bush administration.”
Emphasis mine. Of course it ‘appeared’ to you that way. The same way Afghanistan ‘appeared’ to be a quagmire. The same way Bush ‘appears’ to be stupid. The same way it ‘appeared’ to you that Gore won the election.
I am too busy to comment more, but I look forward to more ‘balanced’ coverage from the NY Times on this issue.