First, we have the SEC's splashy case against Goldman Sachs so conveniently timed to coincide with Dear Leader's push to pass financial reform.
Then we have the almost instantaneous piling on by the Democratic party machine and their lefty handmaidens at the NY Times.
Organizing for America had an email out to millions of Obama supporters soliciting support for financial reform 28 minutes after the NY Times broke the news at 10:38 am on Friday. Almost instantaneously the Times managed to drop a 1200 word story on its website about the case
And it's remarkable how quickly the Obama administration's political arm was able to swing into action, buying Google ads for the search terms "Goldman Sachs SEC", then directing Googlers to the president's campaign website via a sponsored link entitled; "Help Change Wall Street".
It's sure beginning to sound like an orchestrated campaign to throw Goldman under the bus to me!
At this morning's conference call, Goldman Sachs CFO said 'the firm had no real warning of the SEC's case and said they 'were somewhat surprised that this was filed as complaint and no one told us in advance,”. I guess $994,795 doesn't go as far as it used to when it comes to greasing the skids in DC...
zero needs and emergency and a scapegoat to throw under his bus.
Posted by: MK | April 30, 2010 at 06:06 PM