Simple Answers to Simple Questions, Floyd Norris/GS Edition

Floyd Norris is Shocked! Shocked! to Find Goldman Sachs controls Congress as well as the Treasury. Where has he been for the past three years?

Imagine the reaction if, perhaps during the 1998 Asian financial crisis, a group of Republican legislators had threatened to block legislation unless a contributor to their campaigns received special treatment. Then imagine what would have happened if a powerful House committee chairman had called companies with a direct interest in legislation pending in his committee and asked them to help out that contributor.

Why is this any different?

It isn’t. But why is this any different that the pandering to Goldman that you have been applauding for the entire Paulson/Geithner/Summers maiming of Main Street?