Give it Back, George: The Lay
Loot that Bought the White House
Bush and Republicans Should
Give Up Ill-Gotten Gains
When the feds
swoop down and cuff racketeers, they also load the vans with all the perp's
ill-gotten gains: stacks of cash, BMWs, whatever. Their associates have to cough
up the goodies too: lady friends must give up their diamond rocks.
Under the
racketeering law, RICO, even before a verdict, anything bought with the proceeds
of the crime goes into the public treasury.
But there seems
to be special treatment afforded those who loaded up on the 'bennies' of Ken
Lay's crimes. If the G-men don't know where the tainted loot is cached, try this
address: 1600 Pennsylvania Avenue. Ask for George or Dick.
Ken Lay and his
Enron team are the Number One political career donors to George W. Bush. Mr. Lay
and his Mrs., with no money to pay back bilked creditors, still managed to
personally put up $100,000 for George's inaugural Ball plus $793,110 for
personal donations to Republicans. Lay's Enron team dropped $4.2 million into
the party that let Enron party.
OK now, Mr.
President, give it back - the millions stuffed in the pockets of the Republican
campaign kitty stolen from his Enron retirees.
And what else
did Ken Lay buy with the money stolen from California electricity customers?
Answer: the Federal Energy Regulatory Commission. Just before George Bush moved
to Washington, Kenny-Boy handed his hand-picked president-to-be the name of the
man Ken wanted as Chairman of the commission charged with investigating Enron's
thievery. In a heartbeat, George Bush appointed Ken's boy, Pat Wood.
Think about
that: the criminal gets to pick the police chief. Well, George, give it back.
Dump Wood and end the "de-criminalization" of electricity price-gouging that you
and Cheney and Wood laughably call "de-regulation." Give us back the government
Lay bought with crime cash.
And while we're
gathering up the ill-gotten loot, let's stop by Brother Jeb's. The Governor of
Florida picked up a cool $2 million from a Houston fundraiser at the home of
Enron's former president long after the company went bankrupt. Enron, not
incidentally, obtained half a billion of Florida state pension money -- which
has now disappeared down the Enron rat-hole.
And Mr.
Vice-President, don't you also have something to give back? In secret meetings
with Dick Cheney in the Veep's bunker prior to the inauguration and after, you
let Ken and his cohorts secretly draft the nation's energy plan - taking a short
break to eye oil field maps of Iraq. Let us remember that the President's
sticky-fingered brothers Neil and Marvin were on Enron's payroll, hired to sell
pipelines to the Saudis. The Saudis didn't bite, but maybe a captive Iraq would
be more pliant.
So, Mr. Law and
Order President, please follow the law and give up the Energy Plan that Mr. Lay
bought with other people's money.
When I worked
as a racketeering investigator for government, nothing was spared, including
houses bought with purloined loot. Let there be no exception here. It's time to
tape up the White House gate and hang the sign: "Crime Scene: Property to be
Confiscated. Vacate Premises Immediately."
- Greg
Palast
***
Greg Palast is
an internationally recognized expert on electricity deregulation and power
company racketeering. Co-author of the United Nations guide to power industry
regulation, Palast's investigation of Enron won Britain's prize for top business
story of the year in 1998 (with Antony Barnett of the Observer). Palast
investigated Enron's influence on the Bush Administration for BBC Television's
newsnight and his expose of Ken Lay's
manipulation of
the California power markets and litigation won a 2004 Project Censored Award
from California State University at Sonoma's Journalism School. Palast's book,
the New York Times bestseller, "The Best Democracy Money Can Buy," includes a
summary of his investigations on Enron: "California Reamin': the real story of
deregulation and the power pirates."
To read
more of Palast's writings or view his BBC film, "Policy or Payback?" go to
www.GregPalast.com
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