Culture of Underreported Corruption

| May 30, 2006 | Reply

Jim Geraghty looks into the Fannie Mae corrpution story and the involvement of its then-Chairman (and Clinton-era White House budget director) Franklin Raines, which is right up there in Enron territory, and asks and interesting question:

Between now and Election Day, you’re going to hear a lot about the “culture of corruption” and President Bush and his relationship with recently convicted Enron CEO Ken Lay.

Let’s recall that the 2004 Republican presidential candidate had such a close relationship with the convicted felon/donor that he gave him the “Kenny Boy” nickname.

Let’s recall that the 2004 Democratic presidential candidate had such a close relationship with Raines that he was ready to make him Treasury Secretary.

Which is more damning?

I’ve not heard the loud and public calls from our MSM commentators to have Raines and others involved in the crimes frog-marched on the nightly news. I’ve certainly not heard much about this story on anything except financial news shows.

I wonder why that is?

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