What did we learn from this press conference? That the members of our media become dumber and more out of touch with every passing year. Before long I suspect that prepubescent children could ask better questions.
It's not just the "gotcha" journalism to which we've been endlessly subjected for the past 20 or 30 years. It is the shear stupidity on display. And that was clear with the first question. The reporter wondered why, given the problems with AIG, the government wanted greater regularity authority. Doh? One could almost see Obama wondering if she were really that dumb or if it was simply a setup question so he could explain about the lack of current authority to wind down non-bank institutions.
I'd say more but, quite frankly, I'd have to watch the whole mess over again to isolate the one or two semi-reasonable questions that were asked and it, quite frankly, is not worth the time.
If you have not yet watched the press conference or have seen only TV excerpts, go to C-SPAN and watch the last 30 seconds or so. Obama's answer to the final dumb question tells you all you have to know about one of our biggest media problems: that they have the attention spans of infants.