I like this article from WaPo:
After a week of attacking the proposals as paving the way for new taxpayer "bailouts," Minority Leader Mitch McConnell (R-Ky.) said on the Senate floor that he was "heartened to hear that bipartisan talks have resumed in earnest." Later, after a meeting with fellow Republicans, he told reporters that while he believes that there are still serious flaws in the legislation, "I'm convinced now there is a new element of seriousness attached to this, rather than just trying to score political points. . . . I think that's a good sign."
The change in tone came as the Security and Exchange Commission's lawsuit against Goldman Sachs for allegedly defrauding investors continued to dominate headlines, underscoring public anger at Wall Street and reminding lawmakers of the potential consequences of inaction.
Maybe McConnell got tired of trying to explain the link between his fundraising pitch to Wall Street bankers and Republican opposition to any substantive reform. (And as far as just who was trying to score political points -- well, do I really need to say it?)
Y'know, thinking about the way some in this country worship the free market -- Alan Greenspan, one of the architects of the meltdown, comes to mind -- you have to ask yourself: Doesn't the free market required a certain amount of honest and integrity on both sides to work at all? And have we seen a lot of that on Wall Street in the last decade or two?
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