Wall Street suspects Goldman charges 'not coincidental' to financial reform effort

NY Post "Barclays banking analyst Roger Freeman comes right out and blasts the SEC effort as “a well-timed, and perhaps not coincidental, effort to sway some on-the-fence Republicans” to get tough on financial reform."  Then this: MANUFACTURING A CRISIS  ;  Obama’s Newest Villain: Goldman Sachs : "Careful observers will note that Team Obama is never content to argue the potential benefits of their increasingly dodgy legislation (e.g. Stimulus, Healthcare, Cap and Trade). Obama is no fool; he understands that his wealth redistribution schemes, his desire to grow government, to provide new kickbacks to Unions, and to crush small business growth are so antithetical to most Americans that passage and support require that a villain be found that can be blamed for any and all possible evils."  All this is not to say that Goldman Sachs is an innocent victim but is this all another Reichstag burning?

Here it is: The Contract from America

contractfromamerica.com/  "The Contract from America is a grassroots-generated, crowd-sourced, bottom-up call for real economic conservative and good governance reform in Congress. "....
"During the past several months, hundreds of thousands of Americans have debated thousands of ideas to solve our nation’s most pressing problems. 454,331 votes were cast. It has been an open process and has provided a genuine opportunity to give voice to a broad cross section of concerned Americans."

Bill Clinton and Timothy McVeigh

Blackfive "Bill Clinton has been back at the game of trying to tie patriotic dissent with violent extremism. As Byron York points out this is a sleazy stunt he has pulled before."  More here: Clinton Running the Old Playbook  and here: Clinton Continues To Lie About Limbaugh

The List of Obamacare Taxes

Heritage "Check out the list HERE, from Heritage.org (hat tip to Brenda Bowers). Taxed enough already?
This administration doesn't think so." Via Infidel Bloggers Alliance

Conventional Wisdom About Iraq Proves Wrong

VICTOR DAVIS HANSON "Meanwhile, Iraq's democracy has for some time now proven itself independent from the U.S. — and that old anti-war accusations that we entered the war to control Iraqi oil were false. Last June, the representative Iraqi government held its first oil auction — featuring transparent negotiations in which no American oil company was awarded an oil concession."

Mike Ramirez cartoon

http://www.investors.com/NewsAndAnalysis/IBDEditorials.aspx#

ABC’s Republican Character Under Siege from ‘Conservative Purity Police’ and ‘Ultra-Conservative Yahoos’

Newsbusters   " “It’s just the conservative purity police trying to purge the party of lily-livered Republican moderates.” Kitty complains to her sister, “Sarah Walker,” played by Rachel Griffiths: “I am fighting for my political life with a bunch of ultra-conservative yahoos who want my head because you decided to fall in love with a guy who has immigration issues.” "  Emphasis added.

Allee Bautsch’s Mother Speaks Out – Says Daughter Was Attacked by Leftist Political Protesters

Gateway Pundit   "It’s no coincidence that the only major conservative media outlet to have accurately covered the story belongs to Andrew Breitbart, because he actually has some guts. The rest of the conservative media still seem to be afraid that the MSM is going to say something bad about them. " Jim Hoft

Taking it ALL over: Next up, Control of Wall Street

Atlas Shrugs "He is taking it all over. It doesn't matter how destructive, how chaotic his plan is -- the objective is .... seize control and then move on and seize control of the next sector. No time spent looking at the problems he has created or the terrible reverbs of what he has wrought."

How Could We Be So Stupid? Let Us Count the Ways

Victor Davis Hanson "I present seven alternative reasons — some overlapping — why the present government is hell-bent on doubling the national debt in eight years. Either one, or all, or some, or none, of the below explain Obama’s peculiar frenzied spending."

Gates: Obama’s Iran Policy Is a Flop

Commentary  "There is no greater national-security challenge than the threat of a nuclear-armed, revolutionary Islamic state. And the president is failing to address it, as his defense secretary warns. The American people and history will judge Obama accordingly." Jennifer Rubin

Goldman's Dirty Pool

The Daily Beast "SEC claims that Goldman sold a complex type of mortgage bond, known as a collateralized debt obligation, to investors without alerting them that hedge-fund manager John Paulson had selected the same bonds as likely to default.
Paulson made money because he was actually shorting the bonds (a trade that becomes profitable when prices decline), as Goldman was selling the bonds to investors, suggesting they buy them because the housing market would continue to boom." They were jerks, so now watch the demagogues in Washington attack the entire investment industry.