The content of the papers is not irrelevant as to whether there is any wrongdoing on the part of Bush, Cheney, et al.
The content of the papers is totally irrelevant as to whether wrongdoing by Bush, Cheney, et al will be loudly asserted.
Ahem...so you're saying that the content of the papers is irrelevant to the spin.
And my answer is "duh!". Welcome to politics.
Bush entered this world with his eyes wide open.
So why are you yelling?
I said it before, I'll say it again: The Enron debacle is a sharp stick poked directly into the soft parts of American (and world) law regarding corporate behavior, regulation, and investment. Properly used, it could be both inspiration and goad to generate some badly-needed corrective measures.
It won't happen. All the political energy generated is going to get pissed out on the ground, as the two political parties try to gore one another over it, and nothing will be done about the substantive issues. Oh, and the teevee folks will sell a lot of soap.
Are you sure you've dealt with politics before? Politicians do NOT solve issues. (Certainly political parties don't.)
The badly-needed corrective measures will be implemented, (imo). Wall Street will begin to demand better accounting practices to disallow the hiding of debt in offshore accounts.
(Hell, several merges fell through because companies, when they saw the real data, knew Enron was nothing but hype. -- sooner or later, market analysts/stockholders will demand access to this same data.)