Big evil corporations! Running all over the good citizens of the United States.
It seems that Goldman Sachs is the new demon the Obama Administration has turned their guns on, just in the nick of time to boost the need for Wall Street Reform.
“So something like the economic meltdown never happens again” they say.
It is indeed a strange argument to make that we need more laws to prevent a meltdown, whilst indicting Goldman Sachs under the old laws. Perhaps better enforcement of existing laws is an even better idea? (H/T – DJ)
Now we find out that this evil company that allegedly bilked all these poor folks donated $994,795.00 to the Obama Campaign.
Obama didn’t seem to have an aversion to the money made in the derivatives market while running for President. His new found distaste for this evil would demand he return the million – plus interest.