Lamar Smith: “During President George W. Bush's first term, the national media gave extensive coverage to the Bush administration's…”

“During President George W. Bush's first term, the national media gave extensive coverage to the Bush administration's relationship with Enron. The New York Times wrote, ``Their ties are broad and deep and go back many years.'' Time Magazine reported on ``Bush's Enron Problem.'' A Chicago Tribune headline read, ``Bush urged to be open about Enron.'' Eight years later, by comparison, national coverage of the Obama administration's connection to Goldman Sachs is scarce. The SEC has filed suit against Goldman Sachs, charging it intentionally misled investors who participated in a mortgage securities deal that was designed to fail. Goldman Sachs employees gave President Obama over $1 million in campaign contributions, nearly seven times as much as President Bush received from Enron workers, according to numbers on OpenSecrets.org and as reported by the Washington Examiner. The Examiner also reported that several current and former members of the Obama administration have close ties to Goldman Sachs. The national media should give Americans the facts, not practice double standards.”