Despite the recent economic travails and the passage of McCain-Feingold (which takes effect after this election cycle), both the GOP and the Dems are awash in campaign cash for 2002. I’m curious to see what kind of dent McCain-Feingold puts in this sort of behavior, if only for a while.
Category: Election 2002
Mr. Emanuel goes to Washington.
Former Clinton aide (and Stephanopoulos replacement) Rahm Emanuel wins his Illinois primary and, barring an historic upset, will enter Congress in November. Good luck to him, I suppose…he’s extremely effective when on the offensive, but back in the Carville days he was always one of those guys on the phone who treated you like the help. (We were the help, of course…nevertheless, his phone manner was definitely lacking. We weren’t even his subordinates.) At any rate, gracious or no, I’m sure he’ll do well in Congress.
Setting the Record Straight
Ex-President Clinton fires back at Dubya on corporate abuse.
There He Goes Again.
As GOP polls predict considerable electoral fallout from Enrongate, Dubya plans to regain the political initiative during the August congressional recess. Uh-oh.
The Next to Fall?
The plot thickens…just when the stock market really doesn’t need any more bad news, turns out Citigroup helped Enron evade the law to clear $125 million in debt. Shameful…struggle to get by, and Citibank screws you with exorbitant credit interest rates. Live on the high hog, and they cut you an (illegal) sweetheart deal. Update: J.P. Morgan is in the mix too.
Shrinking Coattails.
In the wake of the administration’s corporate shadiness, GOP candidates run away from Dubya and his vice-president.
Fortunate Son.
In the wake of WorldCom, industry experts doubt FCC Chairman Michael Powell’s ability and desire to put the brakes on the telecom meltdown.
Rescue attempts.
While Fed Chairman Alan Greenspan tries to assuage the market (something Dubya is seemingly incapable of), the Senate and House pass measures to stifle corporate malfeasance (and the stock market free-fall), thanks to a Republican “deathbed conversion.”
What it Might Mean.
Congressional Quarterly analyzes the possible impact of McCain-Feingold.
Do as I Say, Not as I Do.
Dubya calls for the end of a corporate loophole he himself profited from back in his Harken days. Meanwhile, this being an election year (and since I’m sure their profiles aren’t doing so hot right now), the Senate voted unanimously on several measures to curtail corporate malfeasance, a number of which go further than Dubya desired.