The fact that John McCain even has Phil Gramm as an economic advisor shows
just how weak McCain is on economics, and how protecting the economic well
being of ordinary Americans is NOT on his agenda.
Former Senator from Texas Phil Graham did all he could as Chair of
the Senate Banking Committee to remover regulatory oversight for
corporations such as Enron. Phil’s wife, Wendy did the same from her
position at one of the Chicago Exchange Boards and wound up on the
Board of Directors of Enron.
Senator Graham did not run for re-election in Texas after the Enron debacle, saying that
he wanted to spend more time with his family.
…..sure……more
like if he ran again, all the Enron crap was going to hit him hard.
The then Attorney General of Texas, John Cornyn, refused calls for the
better part of a year before the Enron collapse to investigate the
company, saying there was no reason to scrutinize such a fine
company. He was rewarded with the Republican nomination to run for
Phil’s seat in the US Senate, which he now holds.
One big mental recession is how the media and press have failed to
explore the relationship between Phil Graham and Enron.
the free ranger
James C. “JAKE” Billingsley
jakeb@ctesc.net
One suggestion though: since a lot of the stuff in there is news to me, and I would guess news to a lot of people, it would be really helpful if you could include links to articles that support particular claims.