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This takes the Stockholm Syndrome to a whole new level:

WASHINGTON (Reuters) - Democrats and Republicans alike lauded Goldman Sachs on Tuesday after the company, which received taxpayer assistance last year, said its quarterly profit rose and that it was setting aside billions for employees.

"Is there a law in the United States that you can't make profits?" Representative Paul Kanjorski, a senior Democrat on the House Financial Services Committee, asked reporters . . .

Richard Shelby, the top Republican on the Senate Banking Committee, said, "I'm not surprised. Goldman Sachs has a history of being well run and sometimes ahead of the others."

Goldman Sachs profits hailed by lawmakers
Reuters
July 14, 2009

"They can rape my ass any time -- or my children's asses, for that matter," another lawmaker added with a chuckle. "After all, that's what we're here for."

Matt Taibbi's head must be exploding.

Update 8:30 pm ET: When I say fool, I really mean fool:

Kanjorski said he hoped Goldman's profits were a sign of economic recovery and a possible bellwether for other sectors. "I have great hope General Motors has great profits next year," he said.

Rep. Kanjorski doesn't seem to understand that parasites can flourish at the expense of their hosts -- in fact, it usually works that way.

Originally posted to billmon on Tue Jul 14, 2009 at 05:33 PM PDT.

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