Obama was right to rip Wall Street for its bonuses

There’s no law against it and I’m not advocating confiscatory socialism. But don’t expect us to applaud your billion dollar bonuses and your swinelike consumption when people all over the world — a billion live on less than a dollar a day — are starving and dying. And close to home people are losing their jobs, homes, and health insurance while you manipulate the financial system for your selfish enrichment and its ultimate self-destruction. No, there’s no law against it, but there is moral contempt. No we shouldn’t socialize or nationalize, but when your shamelessness brings misery to others and you display no evident self awareness of your destructive behavior, it’s great to have a president who will speak for all of us and call you out with the contempt you so richly — so to speak — deserve.

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