Yes, but are they good elves?
As far as I know, Elves and Half-Elves are the only race you can optimize to be good elves, so what can that goblin do about it?
Well, he could just kick the pansy's ass, but then again the perfect elf is an Aristocrat 20//Truespeaker 20, so Mr. Wizard 20//Druid 20 Goblin is going to be in trouble...
No one can withstand the shear arrogance of an Elf! Except for a decent character, of course.