Obama: bailing out bankers "my greatest frustration this year"

Obama was on 60 Minutes last night talking about the problems he is having with “Fat Cat bankers”:

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Interesting…could his administration be actually starting to get serious about reforms and regulation? I would love to be a fly on the wall in his meetings today with the Too-Big-To-Fail crew.

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One Response to Obama: bailing out bankers "my greatest frustration this year"

  1. Anonymous says:

    Obama's “fat cat” language may be a reflection of his administration's concern over Main Street America's growing anger and unrest that's being expressed in rallies, town meetings and streets across America. The increasing ferment of the public writ large is not reported just in specialized blogs but has lately been showing up even on national broadcast media, such as the “PBS Newshour” (which until Dec 4 was known as “The Newshour with Jim Lehrer”). This kind of trouble could escalate into trouble with a capital-T for those who rule. Maybe the “democracy” part of the U.S. republic is kicking in more and more to put some balance on the powers of the plutocracy represented by the military-industrial-corporate complex. Although the phrase is getting worn, it's nevertheless worth repeating with a parenthetical modifier that “we live in (very) interesting times.”

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