politics with a two by 4-Why no one is afraid of President Obama

The other night on his program, Bill Moyer said that "no one is afraid of Obama."
This reminds me of a great old story about a farmer who has a bull sitting in his field and no matter what he does, cannot get the bull to move. He hires the greatest experts on animals, the most renoun veteranrians, anyone who has anything to do with an expertise on bulls. The bull doesn't budge. While all this has been going on, there has been a man on a fence watching this and laughing. The farmer hears the laughter yet now the man says "I can get the bull to move". The farmer utterly (no pun intended) defies the man to get the bull to move. The man picks up a two by four and smacks the bull as hard as he can between his ears. The farmer screems "what are you doing? I thought you were going to get the bull to move" The man answers "yeah I can but I have to get his attention first".
This is what didn't happen the other day when President Obama met with the heads of the banking industry. This is after the President said earlier "I did not run for office to be helping out some fat cat bankers on Wall Street". Some of the bankers didn't make it to the meeting due to travel problems. You'd think a meeting with the President of The United States would instill some sense of urgency.
The president was concerned about the return of business as usual with the banking industry going back to the business as usual giving of bonuses and stock perks of billions of dollars. I don't think that the stern lecture paid off or had much impact. Did the president really think that this meeting would change things at all? How do appeal to the conscience and character of someone who has no moral compass or conscience in the first place? (in the social sciences this is a character trait of someone who has a character disorder)
This is what I would like to have heard the president say "Ok guys here's the deal." We are at war and you are the enemy. Today will not be a discusson. What I am going to propose to the congress is one time 90% tax on bonuses. You will not be rewarded for bad behavior. This is a financial war as much a threat to the American People as a military war. I will visit the districts of any representative who prevents me from protecting the American people.I will challenge the American people to vote for their best interest and not against it. Thanks for coming. Close the door on your way out and check the Amtract schedule for off peak fares so you can save a few bucks>"