The ‘Katrina’ moment

Just read an article by Frank Rich in NY Times saying that the present furor over the AIG bonuses is a 'Katrina moment' for President Obama. I agree. I have been, and still am, an avid fan and supporter of Obama. But I feel that about the current economic crisis, he is almost as clueless as President Bush watching the flooded city of New Orleans from Air Force One. I am quite worried.