[ding_dong_daddy_from_dumas]

But your calling the market manipulation GS and a handful of financial cartel players perform, "capitalism", is equally entertaining.

The good news: SEC accuses Goldman of fraud.

The bad news: Obama will use this to push his agenda (so that he can take control at will of honest businesses).

[stephenjohnbanker]

Correct.

[sickoflibs]

I was warning you about this late last year, this banking regulation stuff is populist(even if it looks bad) given hatred of bailouts and banks that some republicans will join democrats on. Even now with democrats even more unpopular they see this as an easy win.

If dems get enough R defectors, republicans will lose the issue completely. Republicans could still turn this around politically , but it will take determination and skill that I dont see just yet.