Posted on 01/11/2002 11:48:19 AM PST by jcsmonogram
David Callaway is a "Big-Time" writer for CBS Marketwatch. We know he's a "Big-Time" writer because he's on the front page of Marketwatch and he's even got his picture displayed prominently on his column. If you rate getting your mug on your column, you're officially "Big-Time."
And we apply the description "Big-Time" in the "Dick Cheney" meaning of the term.
You see, Mr. Callaway has deemed himself as prosecutor, judge, and jury of the White House's involvement in the collapse of energy giant Enron.
Writing in his January 10th column called "Enron is not Bush's Whitewater...It will be worse," Mr. Callaway prognosticates:
"Unlike the financial sideshow over a 20-year-old failed land deal that dogged the Clinton administration, the collapse of the nation's largest energy trader into the nation's largest bankruptcy last month is set to go straight to the heart of exposing what is wrong with the way the Bush administration is conducting itself these days."
Let's give "Big-Time" a little credit here, at least he acknowledges that this unlike Whitewater. In fact, we'd go so far as to say this is nothing at all like Whitewater. After all, nobody has suggested that Bush invested in a private deal with Enron where everyone else would lose money except him. Where loans were set up by his wife's law firm that were never mentioned on his tax returns. Where the loans were made through a Savings & Loan that later defaulted, leaving the US taxpayer to foot the bill. We are glad to see that "Big-Time" realizes this is unlike that situation.
But we have to wonder what it is that "Big-Time" alludes IS wrong with the way the Bush administration is conducting itself these days? Mr. Callaway neglects to spell that out. After all, we wouldn't expect a "Big-Time" columnist to have to worry himself with facts, now would we?
Mr. Callaway continues:
"Once a buyer for Enron's energy-trading business is announced Thursday in New York, this story is going to shift in dramatic fashion to Washington, D.C., where there are already eight separate congressional probes into the collapse, one Justice Department investigation and scores of unanswered questions. Many of them concern the White House."
You can just hear the soap opera organs hit a big crescendo with that prediction! 8 PROBES! A Justice Department INVESTIGATION! And scores - SCORES! - of unanswered QUESTIONS! And many of them will concern THE WHITE HOUSE! Oh, the horror! (Sarcasm added for effect).
Mr. Callaway then consults his crystal ball and states that neither Bush nor Cheney will be "directly linked" to the "financial shenanigans." No, he believes this is bigger than either man. In fact, "Big-Time" boldly states that this case will go to the heart of the greatest evil ever to taint capitalism...Texas-style business!
"What the public will get to hear and read about in wrenching detail over the coming months, is how business gets done down in Texas. How a small group of business leaders exert enormous clout over Bush and his team in getting the rules changed to their benefit."
Reeeaaalllyyyyy? And what rules were those? Like bailing out Enron as Clinton and Bob Ruben did with their friends on Wall Street when Long Term Capital went bankrupt. No, that can't be it, since Bush didn't bail Enron out. Maybe he means how Loral gets to sell satellite technology to China in return for making big donations? No, that's Clinton again. Frankly, we're stumped as to what he means.
And I can See Henry Waxworm Wearing it!
Calling Registered, COME IN REGISTERED. Time for a little Photoshop work. Eddie Haskel and Dickless Gephart with headgear?
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