Elliot Ganchrow writes:
We saw some real profiles in courage as Senators from both parties ripped into Goldman Sachs representatives. As Goldman is very unpopular right now, it is quite easy to knock them while they are down. It is a sport in Washington to demonize industries which are extremely profitable- we constanty hear that oil companies, insurance companies and investment banks are driven by greed. Corporations should not feel the need to apologize for huge profits and Congress should not focus their time on holding hearings in order to hammer companies that make money for their shareholders. What a complete waste of time today's hearings were. Its part of the reason that Congress' approval rating has never been lower and why Gallup found the enthusiasm gap between Republicans and Democrats to be a whopping 20 points. Only six more months till we hear from the American people.