President Obama yesterday scolded Wall Street bankers who received millions of dollars in bonuses last year, calling the payouts "shameful" and chiding the executives for a lack of personal responsibility at a precarious time for the nation's economy.
"There will be time for them to make profits, and there will be time for them to get bonuses," the clearly irritated president said. "Now's not that time. And that's a message that I intend to send directly to them."
That's after the 150 million dollar inaugural and Wagyu beef meet and greet, right?. I don't like the use of bailout money going for bonuses any more than anyone else. But I'll take the outrage more seriously when I hear about Congress giving back its latest pay raise and Nancy Pelosi flying coach to California like the rest of us.