So the day the FinReg circus starts, the SEC comes out to accuse GS of being.....a market maker. Gee. Now, the day FinReg passes, the SEC settles with GS and extracts a few hundred million to pay for its next pound of bureaucracy. DISGUSTING.
#2 - Greenspan now says all of the Bush tax cuts should be allowed to lapse. For an old guy, he sure can dance. While he's entitled to his opinion of course, didn't he come out in favor of Clinton's tax hikes and then Bush's tax cuts? And what sort of objectivist comes out in favor of fiscal contraction while recovery is still uncertain? Old Fed chairmen, like old soldiers, should just fade away. Greenspan keeps coming up like a bad burrito....
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