Tuesday, March 24, 2009

The rabble's anger is not just "understandable." It's justifiable.

President Obama tries to strike a balance between ending "outsized rewards" of executives and discouraging "the rest of us" from "demonizing" every investor or entrepreneur:

I'm still trying to figure out when the rest of us demonized every investor or entrepreneur. I think the criticism of the extreme, even obscene degree of profit taking has been directly and properly leveled at AIG and other elites.

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