So I have some “free” time today to surf the ‘Net for news, etc.  I came across the news reports about Obama’s (historic) appearance on the Tonight Show.  After reading the article I couldn’t believe that he said some of the things that were reported (I was reading a conservative on-line news source after all, so something must have been at least a little biased here, right?).  So, I consulted the Oracle, the old Gray Lady (is it with an ‘e’ or an ‘a’?) for the transcript.  It reads at the top of the article that the transcript was provided by the White House, so this must be the definitive source.

I’ve decided to focus on Obama’s comments.  Leno’s blathering isn’t really worth mentioning except that too many people probably think that what he says makes sense.

Here is the first quote that caught my attention:

And that, I think, speaks to a broader culture that existed on Wall Street, where I think people just had this general attitude of entitlement, where, we must be the best and the brightest, we deserve $10 million or $50 million or $100 million dollar payouts…But the larger problem is we’ve got to get back to an attitude where people know enough is enough, and people have a sense of responsibility and they understand that their actions are going to have an impact on everybody. And if we can get back to those values that built America, then I think we’re going to be okay. (Obama to Leno regarding the AIG “debacle”, emphasis is mine)

Are you kidding me?  Is he talking about entitlement in America?  If welfare recipients are allowed to have an attitude of entitlement, then why can’t the fat cat have a sense of entitlement too?  If he means to apply that analysis to allof America and encourage “a sense of responsibility” throughout every facet of American culture both rich and poor, black and white, then perhaps I will reconsider my support for Obama.  Somehow, I suspect that Obama is just skillfully using the English language to numb the people into believing that he has everyone’s best interest at heart without really raising the bar on general responsibility.  (Well, he’ll have everyone’s interest who is politically expedient, at least.  Otherwise, you’re getting thrown under the bus with the AIG executives.)

Tell me, Mr. President, if entitlement programs for “underprivileged” folks is acceptable, then when is an attitude of entitlement okay and when is it not?  What is the cut off?  Are you going to decide that for us?  If not you, then will Congress?  How will you enforce it once you’ve established that cut off for appropriate “entitlementality”?  Will you use the tax code the same way you (and the Democrats) are using it with the AIG execs?  (Or maybe, Pelosi’s immigration police can break into our houses in the middle of the night tearing parents from their children and causing general despair.)

This quote follows up his earlier comments about AIG:

The problem is what was happening for years, where people were able to take huge, excessive risks with other people’s money, putting the entire financial system at risk –- and there were no checks, there were no balances, there was nobody overseeing the process. (Obama to Leno)

I know that the President wants us to focus on solving the problems instead of finding blame, but it seems prudent to investigate at least a brief history of the problems (including who is to blame) in order to avoid falling into the same pits down the road.  The “other people’s money” that he mentions is our money (or at least our tax money).  Those excessive risks were taken because the United States government was acting as a safety net for the people, or companies, engaging in them.  The lack of checks and balances is a result of malfeasance on the part of Congressional Democrats and has little to do with regulation.  Had the government not been in the business of making loans (Fannie and Freddie) then no such “checks and balances” would have been necessary.  No self-respecting bank executives would have made even half of the risky investments that were taken if they knew that they would be accountable when the risks proved to be flops.

This is just silly:

And when you get home you could potentially sell the energy in your car back into the grid, back to your utility and get money. (Obama to Leno)

If you come home from work and plug your car back into the grid and give the remaining energy back to the grid, then what energy do you have in the car the next morning when you have to go back to work?

I’m not one for peddling victimization and pandering to the easily offended, but this seems just outrageous for even the big media outlets to ignore (although they probably will).

MR. OBAMA: I bowled a 129. (Laughter and applause.)

MR. LENO: No, that’s very good. Yes. That’s very good, Mr. President.

MR. OBAMA: It’s like — it was like Special Olympics, or something. (Laughter.)

Wow.  I’m not sure who should take offense at the President’s statement, but I don’t think people with disabilities (or their families) are really going to have a good laugh about it.  Will anyone call him on it?  We’ll see.

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