"US President Barack Obama has hit out at Wall Street "fat cats," expressing anger that banks bailed out by the government again plan huge bonuses as millions battle poverty and unemployment. "I did not run for office to be helping out a bunch of fat cat bankers on Wall Street," Obama said on Friday in excerpts of an interview with CBS television to be aired on Sunday. With unemployment still hovering at around 10 percent, amid a recession triggered in part by the excesses of financial institutions, Obama voiced frustration that "some people on Wall Street still don't get it.""
- Steven Perez
from Bookmarklet
Now that Wall Street has successfully looted the government, with the full collaboration of Barack Obama and his team of Goldman Sachs advisers, Obama can now put on a little ineffectual show of moral outrage that amounts to nothing in practical policy terms. What an impostor!
- Sean McBride