Getting on the wrong side of the SEC suit against Goldman Sachs proves it. If you believe in markets then you believe in consistent and effective enforcement of anti-fraud measures and prohibitions on double-dealing. More specifically, Republicans inability to mount a principled opposition to the draconian Dodd “financial reform” legislative package is an eerily replay of their inability to mount a principled opposition to Obamacare.
Put simply the SEC suit and the Dodd legislation have nothing to do with each other. That Republicans are cravenly conflating the two proves that come November they will have just about exhausted any principles to campaign on.
