Word: karl
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...executive who left Enron last May, was found dead in his Mercedes-Benz in the median of a divided highway in the fancy Houston suburb of Sugar Land--an apparent suicide. That same day, as if on cue, the White House acknowledged that Bush's top political strategist, Karl Rove, had recommended that Enron hire a key G.O.P. consultant during the early days of Bush's presidential campaign five years...
...time when the Bush team in Austin would have appreciated a low-cost, low-profile way of keeping Reed on their side, off their payroll and yet far from the crowd gathering around Steve Forbes and other conservative rivals. If Rove gave Enron a nudge about Reed--"Karl Rove gave Ralph Reed a good recommendation," said press secretary Ari Fleischer, and Rove says he doesn't recall--then the young Bush campaign was at least capable of the same sort of creative accounting that ultimately brought down Enron in December: finding quiet, off-the-books ways to help itself...
...course Enron's tentacles aren't just about the Republicans - Enron wrote checks to Senate Energy Committee Chairman Jeff Bingaman and energy-state centrist John Breaux, among others - and they aren't just about political cash. Bush Administration officials with other financial ties to Enron include former stockholder Karl Rove, former advisory board members Larry Lindsey and Robert Zoellick, former lobbyist Marc Racicot and former executive Thomas White Jr. (he's Secretary of the Army). And Robert Rubin, the Democrats' economic ombudsman - but also a big shot at Enron-exposed Citigroup - is on the hook for making his own help...
...rights--leftovers from last year despite bipartisan support for each--will also find their way into the President's address, though election-year politics will probably keep them from going anywhere. And the biggest idea from Bush's campaign--privatizing Social Security--will have to wait as well. Although Karl Rove, Bush's political adviser, argues that Social Security reform is a political winner, House Republicans begged the President not to make them vote on such a polarizing issue in an election year...
...White House has been an overt fan of energy deregulation, and certainly Bush didn't see Enron's role in the California crisis quite the way, say, Gray Davis did. And the list of Administration members with Enron connections is long indeed - aside form Lay buddies Bush and Cheney, Karl Rove was a big stockholder, Larry Lindsey and Robert Zoellick were $50,000-a-year board members, Marc Racicot was a lobbyist until Tuesday and Secretary of the Army Thomas White Jr. is a former executive...