Posted on 01/17/2002 10:28:06 PM PST by xm177e2
KRUGMAN AND ENRON: Were all used to Paul Krugmans insistent attacks on the Bush administrations economic policies, his suspicion of big business, his love of high taxes and greater government spending, and his withering scorn for idle corporate bloat and what he recently called the crony capitalism, epitomized by Enron. So I was a little taken aback by the nugget buried in yesterdays Times that Krugman too has been on Enrons payroll. Even more intriguing is what he was paid for. At the very end of the article we hear Krugmans explanation for taking $50,000 as a consultant for Enron in 1999: "This was an advisory panel that had no function that I was aware of. My later interpretation is that it was all part of the way they built an image. All in all, I was just another brick in the wall." Run that by me again. He took $50,000 to sit on a panel that had no function that I was aware of except to add allure to Enrons image? And today, he is still waxing self-righteous in his column about a corrupt system of regulation that allowed Enron to get away with financial murder. Hes right about the corruption and the need for stronger regulation. But dont you think that someone who bemoans cronyism and corruption might, after this scandal broke, acknowledge in his own column that he himself was an Enron crony and that he contributed to the corruption by giving his name as a glittering seal of approval to a company busy raping its investors and share-holders?
Business and morality are seperate animals...Let's not drag GW into this pile of horse apples!
So what the heck? I took the $50,000 anyway.
Hypocrisy knows no bounds.
I won't hold my breath waiting for answers.
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