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February 12th, 2002

Enron and the Decline of Capitalism

Patrick J. Buchanan – February 12, 2002

The 1950s gave us the “Fifth Amendment Communists” – men who hid behind the Constitution to cover up their treason. Now, we have the Fifth Amendment capitalists, the Enron men who invoke the constitution to cover up their betrayal of faithful employees.

“Women and children first!” and “The captain goes down with his ship!” That was the manly code of honor we were taught as children. But, at Enron, the women and children were locked in steerage, so they would not interfere as captain and crew hauled the ship’s safe, with all the passengers’ valuables, into the lifeboats and shoved off. These fellows give new meaning to the old Marxist phrase “capitalist pigs.”