Why does President Obama justify cutting entitlement programs while giving blank checks to the banks?

Because at this point the first priority is damage limitation and figuring out how to make the bottom half of the population pay back all the money that the upper cles ripped off the top half and middle cles of the population. Last time the world ended up w. concentration camps and the middle cl extracting the gold fillings from the scapegoat's teeth. This time I bet we start w. 'volunteering' to work for your welfare and big money and bonuses for those who know the right people and come up w. and sell ideas like that..