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Watergate: Post Story
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The Watergate affair and the sordid story that has unfolded since are not without significance. They indicate, once again, how frail are the barriers to some form of fascism in a state capitalist system in crisis. There is little prospect for a meaningful reaction to the Watergate disclosures, given the narrow conservatism of American political ideology and the absence of any mass political parties or organized social forces that offer an alternative to the centralization of economic and political power in the major corporations, the law firms that cater to their interests, and the technical intelligentsia who do their bidding, both in the private sector and in state institutions. With no real alternative in view, opposition is immobilized and there is a natural fear, even among the liberal opposition, that the power of the Presidency will be eroded and the ship of state will drift aimlessly. The likely result will therefore be a continuation of the process of centralization of power in the executive, which will continue to be staffed by representatives of those who rule the economy and which will be responsive to their conception of domestic and global order.
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In just the past few months, the federal government has loosened many of the restraints on intelligence-gathering that were rooted in the Watergate era. Americans are no longer reflexively cynical about their leaders, if President Bush's approval ratings in particular are to be believed. Even many of today's young reporters have a different raison d'être: They want to be narrative storytellers as much as investigative journalists, developing Deep Voices instead of Deep Throats.
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Anonymous sources were essential to the Watergate story. Reporters were in frequent contact with members of Nixon’s Cabinet and with high-level investigative and intelligence officials. Some of the men who met with the President, and advised him, provided scathing details about his demeanor and his often ill-advised outbursts.
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"I am convinced this is a bigger cover-up than Watergate," said Weldon. "More than 3,000 people were slaughtered and it deliberately kept the story from being part of its report because it would have embarrassed some of its members."
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