2009-03-22

It was legal

I did not see President Obama's interview with Jay Leno, but it turns out Obama said something that he ought to repeat in an address to the American public. What follows is from Elliot Wave International:
Jay Leno described the immense dollar amounts of executive bonuses, and said
"I know what would make me feel better -- shouldn't somebody go to jail?"
At this the audience clapped and cheered loudly. In turn the President indicated that he understands the sentiment, but gave this reply:
"Here's the dirty little secret -- most of the stuff that got us into trouble was perfectly legal."
Talk about a truth that nobody wants to hear.

Read the rest of the post to learn why this could mean bad news.

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