Forgive me for going all Glenn Beck here (sniffle, sniffle), but there seems something reprehensible in President Obama's continued unqualified financial support for the banks
, while simultaneously screwing over Detroit
and the autoworkers.
Why did Rick Wagoner (base salary $1 per year) have to go - but Kenneth Lewis of Bank of America (base salary $1,500,000 a year) - get to stay?
Of course, this is isn't about the CEOs: this is about the Obama administration protecting Wall Street jobs while cutting auto workers loose.