Long article very worth the read, also watching the embedded video.

________

"A Sober Warning To The GOP - And The Democrats

"The political witch-hunt that is now being fomented related to the SEC's charges against Goldman is a minefield that threatens to blow up the GOP for the next 20 years - if not permanently.

The full-court press by right-wing talking heads such as Limbaugh and Hannity, who appear to have not bothered to do a bit of research into the matter before spouting off absolute nonsense, are piling on in a fashion that will just do further damage to the Republican brand.

The premise here is that the SEC action was "concocted" in some fashion.  Well, if that's true, how come the key trader involved, Tourre, has been de-registered in London? ......................."

http://market-ticker.org/archives/2224-A-Sober-Warning-To-The-GOP-And-The-Democrats.html