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According to the Wall Street Journal, the recent SEC vote to sue Goldman Sachs broke down along partisan lines:

The Securities and Exchange Commission decided to sue Goldman Sachs Group Inc. over the objections of two Republican commissioners, suggesting an unusual split at the agency that could politicize one of its most prominent cases in years….People familiar with the vote said [Mary] Schapiro — a registered independent — joined two Democrats on the commission, Elisse Walter and Luis Aguilar, in supporting the fraud case against Goldman. The two Republican commissioners, Kathleen Casey and Troy Paredes, were opposed, they said. 

….In a letter to be sent Tuesday to the SEC, Rep. Darrell Issa (R., Calif.) plans to ask the agency why the Goldman case was brought as the financial-regulation bill was pending, according to Mr. Issa’s spokesman. “Democrats are desperate to cast Wall Street as the villain so they won’t be held accountable for the country’s economic condition,” Mr. Issa said. “It must be nice for the Democrats that the SEC’s filing against Goldman Sachs so conveniently fits into their political agenda.”

Hmmm. Darrell Issa seems to think that describing Democrats as the party that wants to “cast Wall Street as the villain” will somehow be bad for Democratic fortunes. And that defending Goldman Sachs will be good for the Republican Party.

I suppose anything is possible. But I’m willing to take my chances on casting Wall Street as a villain — and the only sure way to find out who’s right is to run a test. So with that in mind, I encourage the rest of the GOP caucus to join Issa’s crusade to defend Goldman Sachs against the depredations of Democratic SEC commissioners. In a few months we’ll see how that plays out for them.

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THE TRUTH...

is the first thing despots go after. An unwavering commitment to it is probably what draws you to Mother Jones' journalism. And as we're seeing in the US and the world around, authoritarians seek to poison the discourse and the way we relate to each other because they can't stand people coming together around a shared sense of the truth—it's a huge threat to them.

Which is also a pretty great way to describe Mother Jones' mission: People coming together around the truth to hold power accountable.

And right now, we need to raise about $400,000 from our online readers over the next two months to hit our annual goal and make good on that mission. Read more about the information war we find ourselves in and how people-powered, independent reporting can and must rise to the challenge—and please support our team's truth-telling journalism with a donation if you can right now.

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