After going hat in hand to the US government for billions of dollars in bailout money, Wall Street execs felt they deserved some bonuses, to the tune of $18.4 billion. President Obama is enraged and has taken them to task.

In his new book, "Bailout Riches", Bill Bartmann reveals the business model that made him a billionaire and the 25th richest person in America (before he lost his fortune again). The author is transparent in his willingness to reveal his many mistakes on the way to great success.

I have noticed that leadership in America has a trickle-down effect on the bulk of the country. It sort of sets the mood, if you will. The values projected from the White House has real and tangible impact on the nature of what is acceptable or desirable behavior in the mainstream of society, particularly in the functions of the marketplace.

For all that I go on about how money is just energy, has no meaning other than what we attach to it, and how there is no shortage of it, I still find myself feeling a lot of anger towards the guys on Wall Street who took an average of $12 million each in bonuses. 

Lately in the US many have called for more regulation of banks, rating agencies, Wall Street, insurance companies, real estate industry and Freddie Mac and Fannie Mae. Still, there are regulations in place already, many were ignored and unenforced, while some regulations actually helped cause the crisis.