President oBAMa forgets his role in ushering in the finacial "Crisis".

He said it's essential that the U.S. government update the rules governing financial firms and markets.

"At next week's G-20 summit, we'll discuss some of the steps that are required to safeguard our global financial system and close gaps in regulation around the world -- gaps that permitted the kinds of reckless risk-taking and irresponsibility that led to the crisis," he said.

here is the rest of the article from Fox news.
Tom Dilorenzo points it out well in this video.