I mean, how often does an administration lead by a Congress controlled by Republicans for years (unitl 2006) allow deregulation of the financial industry, arguably causing issues like Madoff:
They join a list of more powerful investors that have come forward, all worried about the extent of their losses. The roster of names include former Philadelphia Eagles owner Norman Braman, New York Mets owner Fred Wilpon and J. Ezra Merkin, the chairman of GMAC Financial Services, among others.
So, in a climate of DEREGULATION, a well respected captain of financial markets gets to pull off the scam of all scams, including DEFRAUDING the likes of GM (GMAC is a subsidiary of GM and provides financial services, including mortgages). Now that GM is out BILLIONS (Madoff scammed at least $50 billion that we know of now), does it make it more likely that Republican Senators will be willing to assist the ailing auto industry? Afterall, helping GMAC is a financial services company and seemingly so much more Republican like, as opposed to dirty, hard working, loud, uneducated, unskilled autoworkers represented by a union.
Hmm, the only ones here I think of as dirty, uneducated and unskilled are Republicans in the Seante lead by the likes of Senators Corker and Shelby. Just writing their names makes me want to go take a shower. I feel so dirty.