President Obama on Leno’s Tonight Show: Stunned By Those AIG Bonuses
Whenever a late-night television show features a sitting president, it usually comes as material for a stand-up comedy routine. But on Thursday night, President Obama overturned another tradition when he appeared on Jay Leno’s Tonight Show to promote his economic recovery plan. President Obama held his own with the comedian, countering Mr. Leno’s jabs about the executive bonuses given out by the American International Group, saying, “The only place where I think this might work is Hollywood.” Obama did not explicitly endorse the House bill passed on Thursday, which would tax bonuses paid to those whose companies have gotten large amounts of federal bailout money, saying “The money’s already gone out.” “I think the best way to handle this is to make sure you’ve closed the door before the horse gets out of the barn,” he said.
When Mr. Leno asked whether someone should go to jail for the AIG debacle, President Obama replied, “Most of what got us into trouble was perfectly legal.” In his appearance with Mr. Leno, Obama carefully balanced his comments between projecting a sense of good humor and projecting a presidential bearing. For example, he momentarily appeared to look startled when Mr. Leno joked that the president had laid the problems of the banking sector at the doorstep of the Treasury Secretary, Timothy F. Geithner. “I love how you say it’s his problem,” Mr. Leno said. For a moment, President Obama gave a stone-faced look to Leno. Then he broke into a laugh, as if he suddenly realized that Leno’s put-down was meant as a joke. “All of this is my responsibility,” Obama said. “I’m trying to break a pattern in Washington where everybody’s always looking for someone to blame.”
President Obama with Jay Leno: I’m Stunned By Those AIG Bonuses
Interested readers will find more in today’s edition of The New York Times here.
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