http://www.cnn.com/...
CNN) -- President Obama said Wednesday :
"Nobody here drafted those contracts; nobody here was responsible for supervising AIG and allowing themselves to put the economy at risk by some of the outrageous behavior that they were engaged in," he said outside the White House. "[But] we are responsible, though. The buck stops with me."
Well how about members of his cabinet who were in on blowing bubbles?
Obama: "People are right to be angry. I am angry. ... People are rightly outraged about these particular bonuses," he said. "But just as outrageous is the culture that these bonuses are a symptom of that have existed for far too long, a situation where excess greed, excess compensation, excess risk-taking have all made us vulnerable and left us holding the bag." ...
So if the culture of extreme wealth is a problem, why not tax extreme wealth?
"The business models that created a lot of paper wealth but not real wealth in the country and have now resulted in crisis can't be the model for economic growth going forward," he said.
Was all fake wealth used to steal real wealth?
Obama also defended his criticized Treasury secretary, Tim Geithner, saying he "is making all the right moves in terms of playing a bad hand."
Who dealt the hand?
I have many more questions.