Morning Vid: Obama Lambastes 'Fat Cats'

The president joins the populists, just as criticism of his Wall St. ties heats up

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Just as quixotic populist Matt Taibbi leveled his lance against President Obama's intimate connections with Wall Street, the president is brushing up on his populist lingo. Short-circuiting attacks against his unwillingness to rein in resurgent banks, he trotted out the phrase "fat cats" in an interview with CBS on Sunday. "I did not run for office to be helping out a bunch of fat cat bankers on Wall Street," he said.