Questioning the timing: Rep. Darrell Issa, the top Republican on the House Oversight committee, is demanding a slew of documents from the Securities and Exchange Commission, asserting that the timing of civil charges against Goldman Sachs raises “serious questions about the commission’s independence and impartiality.”

Son of Sarbox: “We hope Republicans stick together, despite Mr. Obama’s unpresidential catcalls, because Senator Chris Dodd’s bill looks to us like a souped-up version of the Sarbanes-Oxley bill of 2002—that is, a collection of ill-understood reforms whose main achievement will be to make Wall Street even more the vassal of Washington, raise costs across the economy, and do little to reduce financial risks. The rush to pass it even before the Financial Crisis Inquiry Commission finishes its work is about claiming one more legislative victory before Democrats find their majorities reduced or gone in November.”

Obama: Washington needs to be more like California.

Good news: Democrats wrote budget resolution to allow them to pass all sorts of things through reconciliation!

Bernard Goldberg vs. Jon Stewart.

“I believe in sacrificing for freedom and I love America.”