Washington Kabuki theater

These pretend hearings in which half-witted congress-persons act like they are grilling the Goldman-Sachs people are outrageously transparent. Here's what's really happening:

[Set the scene]
Obama wants to reign in American free-enterprise and place their operations under greater government scrutiny so he can redistribute more money to democrat voting bases that he defined the other day, unions, brainless youth, blacks, Latinos, and uncontrollably emotive women.

In order to do that he needs to create a plausible financial crisis with which to terrorize the American people, along with a proper Wall Street villain to torment in Kabuki-style congressional hearings. That way the voters and the obedient media would clamor for immediate reform which would put pressure on congress to vote for it quickly.

[Enter stage left] -- Goldman-Sachs. There are something like 15 former GS executives working for Obama, GS gave Obama himself almost $1million dollars in campaign donations, all democrats who have financial oversight duties received large donations from GS, and during the investigation, GS CEO met with Obama at least 4 times that we know of.

[Our antagonist] -- Goldman-Sachs volunteered to be the bad guy in these pretend hearings in exchange for certain allowances that were to be cleverly hidden in the reform bill.

Essentially they said, "Look Chairman O, we'll come to congress and let them grandstand for the cameras and the dutiful media so you can have a bad guy at whom to focus your phony outrage, if you will include the following items in the reform bill which will allow us to make billions in profits down the road....part of which will wind up in your campaign chest as well as other democrats' PAC's too."

Doubtless the white house visits were to outline precisely what Goldman-Sachs wanted in the bill in exchange for his cooperation in this charade to bamboozle the American people into supporting Obama's seizure of control of Wall Street.

I realize the feckless media is regurgitating this dog-and-pony show as if it's a real investigation and the hearing mean something but don't' be fooled. They are all in bed with each other and they're winking and elbowing each other under the table as they trick us yet again into supporting something that will end up hurting us in the long run.