can’t stop thinking about Barack Obama insisting that his decision to not prosecute Wall Street executives after they destroyed millions of lives was an honorable and moral defense of the social order
Well... yeah. Obama was right on that. You can't just redefine what is legal and illegal, after the fact, because you don't like the outcome.
Trust me, you don't want to live in a world, where they can make something you did 10 years ago illegal, and go to prison for it today.
Further, that isn't even the truth. What Obama said was simply a cover to avoid the real reason, which is the moment they tried to send bankers to prison for their action between 1997, and 2007, those bankers would have fought that in court, with all the documents showing the US government sued them, and forced them, and encouraged them to do those actions.
Obama himself would be called to witness that he sued banks like citigroup to make bad loans in the 1990s.
The Democrats knew that by dropping this, that left-wingers would be more mindlessly angry at the banks, than the government, and never take the time to find out the government was behind everything.