Pick Your Sources Carefully -

Pick Your Sources Carefully - The DFL website is currently leading with an article about New York Times economics pundit Paul Krugman, warning about "more Enrons". The tale, told in the DFL website's customary fratboy smirk, cautions people that noted NY Times economist Paul Krugman is warning everyone that we could be facing more Enrons, thanks to the big, bad Republicans.

What is not noted - perhaps because the DFL website staff is unaware of it? - is that Paul Krugman contributed to the Enron problem, through fairly blatant conflict of interest.

Paul Krugman was on Enron's payroll! Krugman was on a "board of advisors", composed of media figures from around the business. In exchange for $50,000 a year, he spent a day or two a year confabbing with Enron executives. Since he was exposed on Andrew Sullivan's website, he has seemed unable to get his story straight. Even liberal columnist Maureen Dodd is onto Krugman, while Howard Kurtz ably notes the conflict of interest involved. Even Krugman seems to realize there's a problem, albeit not in any way that sticks to him...:

It's worth noting that Sullivan also caught conservatives Bill Kristol and Peggy Noonan in conflicts of interest, after having served Enron in some capacity or other (Kristol on the same board as Krugman, Noonan as a glorified marketing-communications writer). However, neither of them is a New York Times Economics Correspondent, charged trying to report fairly about economic issues, and uncovering problems like Enron's!

Note to DFL webmaster - you might want to check your sources...