"For now to pretend that this was some sort of crazy, once-in-a-lifetime tsunami that nobody could have seen coming is disingenuous at best, and criminal at worst."
He accused CNBC hosts and pundits of abandoning their journalistic duties and acting like cheerleaders for the market.
"[Obama]'s walking down a very, very dangerous path right now," liberal activist and author David Sirota told ABCNews.com. "It betrays the exact problem that people are angry at -- that there's one set of rules for Wall Street and Washington and another set of rules for everybody else."
On ABC's The View, Whoopi Goldberg spoke for the rest of the nation when she looked into the camera and said, as if to AIG executives, "You can't bend us over!"
"The American people are being played for fools by AIG," Rep. Elijah Cummings, D-Md., said today on ABC's "Good Morning America."
"When our very own secretary of the Treasury cannot make stick his decision that AIG's bonuses should not be paid, only one conclusion can be drawn: AIG is accountable to no one. Our democracy is seriously broken," Reich wrote in a Huffington Post op-ed.
NVDL: What we need is a new set of stricter rules for everyone.
NVDL: What we need is a new set of stricter rules for everyone.
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