Historical Archives

Enron: the smartest guys in the pokey

Just last week, I watched Enron: The Smartest Guys in the Room and it made me kind of sick. When you watch the news and you see the people in your own neighborhood driving around in Jaguars and living in mansions, you think that you’re probably being screwed in some way. But watching it in action is pretty gross. Seeing how royally screwed you really are just does not feel good. My favorite part of the movie: when Ken Lay said, “I’m hurting too. I mean my net worth is down to 20 million.” He actually said that to a bunch of people who were going to lose their entire life savings and have to work at McDonald’s throughout their retirement. It’s good to know that there is some justice in the world. But . . .

I also watched a Frontline called Can you Afford to Retire? These two shows together combined with my own personal observations lead me to the conclusion that those of us who work for wages are getting screwed. Increasingly, we are paying for all of our health care, our retirement and as the costs of these and living expenses increases, our wages stay flat, giving us a lower standard of living. What the heck are my taxes paying for? Oh, right, a war.

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