I haven’t had time to write as much about the pre-skirmish on financial reform as I’d like, but much of what I’d like to say is summed up in “Why’s Sen. McConnell trashing Wall Street regulation bill?” by David Lightman and Halimah Abdullah of McClatchy Newspapers. See also “Whose Side Are They On?” in today’s New York Times.

Paul Krugman calls the Goldman Sachs/ The Producers failed securities scam “looting.” See also libertarianism exposed.