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Ready or Not, Here Come Scandals

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This country is not interested in having scandals right now, not in the still-opening weeks of the new Obama Administration. But the scandals are coming, like Sandburg's fog, "on little cat's feet." They are not Republican inventions or campaign strutting, but genuine, old fashioned revelations that cannot be ignored. Newly minted Senator Roland Burris of Illinois (replacing Senator--now President--Obama), power House chairman Charles Rangel, Sen. Chris Dodd , Rep. John Murtha, and, not least, the stunning financial barons, Bernie Madoff and (fanfare, please) Allen Stanford.

At first Stanford's depredations seemed mere pallid reflections of the 50 billion Madoff scam. Now it seems they may be comparable.

From tomorrow's London Times:

The scale of his influence was becoming clear. He donated funds to President Obama's election campaign and sponsored the annual charity polo day at Sandhurst, hosted by the Prince of Wales....

The scam is the second major fraud to hit America in three months after Bernard Madoff confessed that his $50 billion investment firm was "just one big lie". It is a devastating blow to the Obama Administration, which is trying to persuade investors to trust their savings to American institutions.

There are best-sellers on these topics whose authors are only now waking up to the potential. There are movie scripts that are just beginning to invade the dreams of Hollywood writers, "60 Minutes" segments whose story teams have yet to meet. But it all still seems untimely.

"Yes, We Can!", meet "They Did What?!"

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