On the same day that Goldman Sach's CEO issued his "balanced" demand for Social Security and Medicare cuts, the Wall Street-funded group called "Third Way" published the results of a poll which precisely reflected those wishes. Coincidence?
Unlike Mitt Romney and his plutocratic financial backers, Barack Obama does this sort of thing only because he respects plutocrats, not because he is one. He won't gain financially by turning this nation into a banana republic.
The issue of insider trading from information emanating from Treasury Secretary Paulson's office was a focus of ruminations from this corner some four years ago. But hard questions, perhaps until now, have been few and far between.
It has become popular to write about efforts to polish the profiles of bank CEOs. But take a look at the accounts of regulatory hijacking by the industry, or the revolving door between industry, regulatory and government representatives.