Goldman Sachs is accused of fraud.
What we will see now that Wall Street is beginning to be held accountable for its crimes, is that some of the demands of the Tea Party are actually being met. It will have the effect of taking some of the wind from the Tea Party sails: the more we drag the criminals in $1,000 suits into prison, the more wind is taken.
As the GOP filibusters, all of their wind will be gone.
As the details of financial crimes begin to fill the media, a great fervor will be whipped up, and the GOP is once again on the wrong side. Imagine standing up and protesting against regulation for an industry that has by common assent performed its functions knowingly to defraud investors.
This mess is not over by a long shot.
People are still held in the prisons of their houses and condos they cannot sell for any reasonable amount of money...that is, those who have not been foreclosed against. In some places it is getting worse.
How could an a segment of the society upon which everyone depends so greatly have destroyed our wealth, our trust, and - for some - our lives?
Whom shall I invite for tea? Goldman Sachs, or the Taliban? Who has injured me less?
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