Quote:
Originally Posted by MikeI 
I thought it was the conservatives that had the Goldman Sachs conspiracy theories.
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Maybe today, but at that time there was a Republican in the White House, so it was the left accusing Paulson and Bernanke of syphoning off money from the federal government in the form of sweetheart deals for their previous employer (though, Bernanke never did work for Goldman).
The hard right was too busy going on and on about “moral hazards,” telling anyone within earshot that we should let these banks fail, because, as the common refrain went at the time, “this is Wall Street’s problem, not Main Street’s.” It was a pathetic display of political opportunism by the hard right that, sadly, has only continued (though, both sides have dipped into that well since).