Ed Henry asks why it is that Andy Cuomo is actually getting action on the AIG bonus situation, while Obama just complains and acts angry. He also asks about Obama’s earlier complaints that President Bush doubled the national debt, which is what Obama is about to do again.

Obama responds to the second question by using one of the most dangerous words in any politician’s vocabulary: “Invest.” As in, “We’re not just spending money — we’re investing it in useful social programs . . . “

President Obama responds to the first question by stating that he waited a few days to say anything about AIG because he didn’t want to say anything when he didn’t know what he was talking about.