The Privilege Fee and Obama

Obama gave a moving speech on 27th january 2009, his debut Union of State address. He carrie dhis usual emphatic style of speaking which has charmed millions of the years and made him popular outside the US than inside (a good enough proof of his effectiveness). One of the major points he has raised in recent times has been of levying a privilege fees on banks that have been rescued by the American public. The public is particularly indignant of the fact that the banks who asked for oxygen during the crisis have gone to reward their CXOs and employees with mind boggling bonuses. Importantly, these financial companies have generated these incomes from trading rather than feees.
The biggest problem with this recovery in US (with respect to financial institutions) is that they are continuing to operate the same way as they were doing before- flirting dangerously with people's money. There have been very few structural changes except for possible repealing of Glass-Steagall Act. This doesn't bode for a safer future. But politically speaking, do these speeches make any difference to an entity (global money or hot money) which is much bigger than GDPs combined of the world. That's the biggest question. Is America, the champion of capitalism too late in reigning in the money, which has a mind of its own. If Obama is interested in controlling it in USA, it flows to China, India, Russia, Brazil, Indonesia and some of the middle east countries who are too happy to lap it up and increase it much faster than US can think of. When people are living in the age of 'supersonic' the investors also need the returns quick. Though the risk apetite in China is much hoger, still tehre have been huge investments there as compared to USA. China might be the future but you always have the case of Google to signify the risks that even big businesses migth run into.
I love Obama's speeches and much needs to be seen whether is this all mid term election gimmick or he is in reality a visionary