At a televised town hall meeting yesterday, Pres. Obama smacked down a Wall Street hedgefunder who complained that those poor, pitiful folks on Wall Street “felt like a piñata” and were tired of being “wacked with a stick.” OK, it’s Obama, Mr. Be Cool, so you only realized it was a smackdown a few seconds after it was over, but still, it was good to see the Prez trying to remind the finance industry’s “masters of the universe” that the vast majority of Americans are hurting a lot worse than they are, and that, in fact, most Americans blame Wall Street for their economic problems. Here’s a video of the exchange:
This article appears in Sep 21-27, 2010.
