Selling Defunct Savings and Loans at Bargain Prices
In 1974 when Richard Nixon fired Watergate prosecutor Archibald Cox the American public was so infuriated that Congress was bombarded by millions calling for impeachment. The same citizens, war-weary and tired of being lied to, pressured Congress to cut off the funds and the Vietnam fiasco came to an end.
What has happened in the 1980s is that the American people have lost their sense of outrage. After eight years of an incompetent and corrupt Administration we have been so numbed by government scandals that we’re not even aroused when we’re informed the savings and loan scandals will cost each household upwards of $3,000 to pay off.
I’m convinced President Bush could nominate his son Neil to the Supreme Court and the citizenry would just ho-hum and go back to their soap operas. Of course, Sen. Alan Cranston (D-Calif.) will be defeated for reelection. We’re less tolerant of corruption from his party. We seem to expect a low standard among Republicans.
STAN GORDON
Encino
Get the L.A. Times Politics newsletter
Deeply reported insights into legislation, politics and policy from Sacramento, Washington and beyond. In your inbox three times per week.
You may occasionally receive promotional content from the Los Angeles Times.
