The Privileged Perspective
Speaking Power to Truth
Thursday, July 08, 2004
 
Ken Shall Rise Again
Ah, Monet, you give a Billionaire hope for the future. I too have faith that Bush will save Ken from jail. But the inconvenience he must suffer in the meantime! We all have our indictment stories, and none of them are pretty...
 
Ken Lays Down For No One
If you’ve read recent reports in the New York Times and elsewhere recently, Billionaires seemingly have reason to fear the wrath of the Justice Department. Even my esteemed colleague, Colin A. Faver, has asked for a moment of silence for fallen Enron CEO Kenneth Lay, after a sealed indictment was handed down from a federal grand jury in Houston today.

Okay Billionaires, sit down, pour a 1947 Rothschild, take a deep breath, and repeat after me, Ken Lay is not going to jail. But why listen to me when my last post stated assuredly that Ken Lay would not even be indicted because “the rich and powerful in this country go free?”

Well I’ll tell you; this is an election year and Ken Lay’s close personal relationship is a liability to our hero, George Bush. This indictment is a necessary, if nerve-racking, process that will separate President G.W. Bush from the political grenade that Enron has become. But have no fears, this “process” will stretch on long past election day, in the meantime proving ample evidence that George Bush is tough on corporate “crimes.”
In the end, with George’s reelection history, the charges will be dropped, reduced, or, most drastically in the chance of conviction, pardoned.

Finally, if worse comes to worse, remember this in your time of worry: Ken Lay’s corporate tax shelters, subsidiary shell game, and California price gouging benefited a few Billionaires at the expense of his working and middle class shareholders, but G.W. Bush’s policies benefit all of us Billionaires at the expense of the rest of America, and it is he who we need to be reelected, not Mr. Lay.

Wednesday, July 07, 2004
 
Ken Lay: Billionaire Martyr
A moment of silence, please: Word has leaked out that former Enron boss Ken Lay has been indicted by a federal grand jury. Once again, a fellow Billionaire has been persecuted for creative business practices and innovations in accounting. Must our people always be subject to such prejudice?

This is the second serious blow to Ken Lay and Enron in recent months, the other being that Enron slipped from the #1 to #2 spot in all-time donations to President Bush. And we can hardly imagine that Ken will recover anytime soon, in light of his onerous legal bills.

The good news is that the new #1 spot belongs to credit card monolith MBNA Corp. If American consumers can learn to deficit-spend like our President does, MBNA should be lining Bush's pockets for the forseeable future.

For now, light a candle in the window of your yacht for Kenny. We shall overcome, someday.



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