You just have to love this nonsense. Now that it is pretty clear that there is no smoking gun regarding the Bush Administration and Enron, the loony left is trying two different attacks. Again, the approach seems to be the spaghetti approach (throw a bunch at the wall and hope something sticks). The first, angle, which has been widely covered (and duly ridiculed) by bloggers and the Opinion Journal is that Waxman now has his knickers in a bunch because the administration DID NOT intervene on behalf of shareholders. This fails to pass the giggle test, but we will see if Jonathon Alter or any of the talking heads can manage to discuss this on the Sunday morning shows and keep a straight face.
The second approach is outlined in an LA Times newsitorial this morning:
In the next several days, the most pointed questions confronting the administration may not be whether officials provided favored treatment for Enron as it slid toward ruin. Instead, the White House is likely to be pressed about whether it is providing enough information to the public–and whether the Justice Department can be trusted to perform an unbiased investigation into the company’s collapse.
IE- Even though our most blatant attempts to stick this on you have failed, we are now going to attack the way that you investigate it, PRIOR to your investigation. Stay tuned folks, this will be funny.