Obama blasts Wall Street bonuses as ‘height of irresponsibility’ and ‘shameful’


Slapping Wall Street upside the head, Barack Obama lambasted the billions of dollars in bonuses the Street’s bankers handed out to themselves while they simultaneously ask taxpayers for handouts.

Just another example of how much Obama sounds like the anti-Bush.

Mincing no words and obviously referring to this morning’s unusually edgy Times story, “What Red Ink? Wall Street Paid Hefty Bonuses,” Obama called the bonuses (which he rounded off to $20 billion from $18.4 billion) “shameful” and said that “now is not the time.”

He added that he will bring that message directly to Wall Street.

I believe he just did.