Most likely I am preaching to the choir but I sure wish President Obama understood this. It is all too easy to blame “greedy Wall St.” What about the homebuyers, mortgage officers and most of all the rating agencies that really got us into this mess? And furthermore, how does any self-respecting economist expect to get us out by reducing incentives for top-notch work in the banks? Maybe it doesn’t scare you but hearing the government dictate salary caps feels like a slippery slope to me.