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Timothy P. Carney: Beware the Goldman Sachs populist

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"If these folks want a fight," President Obama said Thursday, tossing a rhetorical barb at Wall Street, "it's a fight I'm ready to have." But what if they don't want a fight? To begin with the substance of his proposed regulations: Right now, all we have is a vague first draft. We know they will be fleshed out, rewritten, amended, tweaked, ping-ponged, and massaged. All along, we know Wall...

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