In contrast, there is good evidence that government waste, fraud and mismanagement exceed the size of the deficit, but where are the calls by Mr. Levin for heads to roll at the top levels of the Obama administration and for corrective action? Jamie Dimon immediately apologized for making mistakes at JPMorgan Chase and promised corrective action to make sure that it does not happen again. How long will we have to wait for apologies from President Obama and his Cabinet officers and the corrective action to protect taxpayers from the massive fraud and ongoing waste in federal spending?