The Obama Administration is chock full of Goldman-Sachs functionaries, from tax cheat and Secretary of the Treasury Timmy Geithner to Ben Bernake. All of a sudden...horrors! They discover 'irregularities' and the SEC decides to sue them by 3-2 margin....
Does anyone think that the higher ups in the Obama Administration had no clue of what was going on until now? Anyone naive enough to believe that none of this would have surfaced if Obama wasn't pushing a 'financial reform' bill just now via Chris Dodd (of all people)...a bill that along with some admirable consumer protections built in gives the federal government total control to hire and fire, make or break at its whim in what's left of the financial services industry?
UPDATE: Bloomberg's analysts shed some more light on how the Obama Administration is using this for its own dubious ends.
2 comments:
......and we all know the character's name that claud raines portrayed.......now don't we?
"Louie, this could be the start of a beautiful friendship."
Bogart, in C'Blanca, right at the end.
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