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Steve Chapman’s Feb. 7 column is a classic corporate apologist’s evasion of the truth behind the Enron scandal. Enron paid legalized bribes, a.k.a. “campaign contributions,” to President Bush, and Bush and his folks gave them everything they wanted in return. Chapman’s statement regarding the inability of the federal government to prevent such debacles is true. We need strong federal oversight of corporations, but not by legislators whose main goal is to raise contributions from the corporations that they regulate. Reform can come only by getting private money out of campaigns, and making them 100 percent publicly funded.
