Obama’s AIG Outrage: All Talk, No Action

In the middle of decrying the misdeeds of the financial firm AIG, President Obama cracked a joke. “Excuse me,” he said Monday, after coughing into the microphone. “I am choked up with anger here.” There were laughs all around the gilded East Room of the White House, because he didn’t sound angry at all.

By MICHAEL SCHERER / WASHINGTON
Time Magazine

The laughter, of course, did not fit the occasion, the latest in a seemingly endless stream of public events at which Washington’s political leaders work themselves into high dudgeon over the sins of financial wizards who, we are told over and over again, have messed up the world for everyone else. But then, you can only act outraged about the same thing so many times before it all starts to sound stale. These spectacles, the public rhetorical floggings, have become teleplays, as predictable as a daytime soap opera, as comforting as a wet rock.

Read the rest:
http://news.yahoo.com/s/time/
20090317/us_time/08599188566800

Related:
Dodd Allowed AIG To Thrive in His State, Approved Bonuses: Now Throws Them Under The Bus

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