Goldman Case Plays Into Obama's Hand

As President Obama tries to make his case for financial reform, the fraud charges against Goldman Sachs couldn't have come at a better time. Last week, Republicans pitched a successful battle claiming that the Democratic plan amounted to endless bailouts for banks by taxpayers. The Goldman case provides the White House with the perfect scenario to show that it is trying to protect Americans from powerful banks that have rigged the game. This will cause Obama to ratchet up the pressure, potentially traveling outside Washington to bang the drum for "Wall Street reform." One Democratic strategist told the Los Angeles Times, "If we can't win this debate, we deserve to lose."