Larry Summers, chairman of the White House National Economic Council, appearing on ABC's This Week, said the Obama administration was largely powerless to stop the cash rewards. "We are a country of law [emphasis mine]. There are contracts. The government cannot just abrogate contracts. Every legal step possible to limit those bonuses is being taken by Secretary Geithner and by the Federal Reserve system."That's right, Larry, who works for Obama, who supposedly hired you because of your massive intellect, which I do not doubt or question. Let's hope Obama and his administration feel that way about torture, eavesdropping, extraordinarily reditioning, and the rest.
If we are a country of law, then let's fucking act like one!