[Liz]

60 Minutes' Steve Kroft asked Obama if he was “punch drunk” because he laughed out loud about the Nation's troubles. “You're sitting here. And you're — you are laughing. You are laughing about these problems. Are people going to look at this and say, ‘I mean, he's sitting there just making jokes about money —---Are you punch-drunk?” Obama laughingly replied, “No, no."

"It's Rahm, Mr President. He sez you were great on 60 Minutes. "

" Forget Kroft's zingers. No matter what happens, we all keep laughing."

=========================================

Pres Obama holds a press conference

"Hahahahahah. Crash? Hahahahaha. What crash? Hahahaha."

[Liz]

Clearly, they had their orders———the Obama laugh-a-thon comes on orders from COS Rahm Emanuel.

The goofy grins on Leno....joking about Special Olympics.

Press Secy Robert Gibbs was the goofiest-——giddily “smiling through” a press conference.

Meanwhile, the national outrage continues over AIG bonuses and trillion dollar spending.