| 00:00:15 |
HOST, -
A WHITE HOUSE PRESS SECRETARY ASSUMES TO BE THE ASSIGNMENT EDITOR FOR THE NATIONAL NEWS MEDIA, BE PREPARED TO RESPOND TO REPORTERS FOLLOWING THEIR MARCHING...
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| 00:01:01 |
GUEST, -
IF THEY CARE MOSTLY ABOUT THE TRUTH. I TAKE WHAT EVER ED SAYS WITH A GRAIN OF SALT. CHARLIE AND I BOTH ARE AT THE WHITE HOUSE PRESS BRIEFINGS MOST DAYS....
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| 00:02:38 |
HOST, -
TO SIT IN THE BRIEFING ROOMS FOR THE EARLY WEEKS OF THE OBAMA ADMINISTRATION. PARTLY BECAUSE IT REALLY HAS BEEN QUITE DIFFERENT FROM WHAT WE SAW IN THE...
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| 00:02:56 |
GUEST, -
SENATOR OBAMA, WOULD HOLD PRESS CONFERENCES OR TAKE QUESTIONS. I FOUND IT AMAZING HOW MUCH SHE DID GET AWAY WITH NOT HAVING TO ANSWER TOUGH QUESTIONS....
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| 00:04:10 |
HOST, -
IT IN CONGRESS. HE WAS ASKED ONE WEEK BEFORE. >> THE TREASURY DEPARTMENT ADDRESS
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| 00:04:20 |
Unidentified Speaker, -
THAT THIS MORNING. -- ADDRESSED THAT THIS MORNING. I THINK THAT THERE HAS BEEN, OBVIOUSLY, TREASURY HAS TALKED
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| 00:04:39 |
Unidentified Speaker, -
ABOUT TAKING RESPONSIBILITY FOR KNOWING MORE ABOUT THE TIMELINE. >> SECRETARY GEITHNER TALK ABOUT THAT YESTERDAY. "TUESDAY, MARCH 10, I WAS INFORMED ABOUT...
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| 00:05:11 |
Unidentified Speaker, -
I THINK THAT IF YOU READ THE REPORT CAREFULLY, THE TREASURY SECRETARY TAKES RESPONSIBILITY, AS DOES THE PRESIDENT. >> HE CLEARLY KNEW ABOUT IT BEFOREHAND....
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| 00:05:32 |
Unidentified Speaker, -
LIKE THAT WAS WAYS AND MEANS. -- >> THAT WAS WAYS AND MEANS. I THINK THAT THAT WAS ADDRESSED
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| 00:05:42 |
Unidentified Speaker, -
TODAY AND IN WHAT HE SAID YESTERDAY. WE UNDERSTAND, THE PRESIDENT SHARES THE OUTRAGE AND FRUSTRATION THAT EVERYBODY HAS. THE ADMINISTRATION IS TAKING...
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| 00:06:42 |
GUEST, -
GEITHNER TALKED ABOUT IT, IT WAS NOT AN ISSUE OF WHAT HE LEARNED AT WHAT POINT, BUT THAT IT WAS NOT UNTIL MARCH 10 THAT HE WAS NOT AWARE UNTIL -- NOT...
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| 00:08:19 |
HOST, -
THE MULTIMILLION-DOLLAR BILL OF $56 MILLION IN BONUSES, CITED TO PAY
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| 00:08:29 |
Unidentified Speaker, -
AN ADDITIONAL $62 MILLION IN BONUSES IN THE COMING WEEKS. THERE IS MORE. FURTHER PAYMENTS ARE DUE TO A 407 PARTICIPANTS AT THE PRODUCT DIVISION IN...
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| 00:09:09 |
Unidentified Speaker, -
IS INTERESTING, AT THESE HEARINGS IS THAT THE ROLE OF ROBERT GIBBS IN THOSE SITUATIONS IS NOT TO GIVE INFORMATION, IT IS TO NOT MAKE ANY MORE NEWS, REALLY....
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| 00:09:27 |
GUEST, -
THAT WAS AN EXAMPLE WHERE HE WAS SUCCEEDING IN NOT GIVING ANY MORE INFORMATION, BUT FAILING TO LOOK LIKE HE WAS NOT GIVING ANY MORE INFORMATION. GUEST:...
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| 00:10:03 |
GUEST, -
TO A CONGRESSMAN FOR TWO HOURS. THE GUY WAS AFTER HIM. I AM SURE THAT IT WENT RIGHT PAST THEM. HE GAVE HIS CYCLICAL "WE CARE ABOUT EXECUTIVE COMPENSATION...
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| 00:11:12 |
HOST, -
SEEMED LIKE THEY WERE TAKING POLITICAL SIDES IN SMEARING PEOPLE. I THINK THAT THAT IS WHAT IS HAPPENING NOW WITH SO MANY OF THE NEWSPAPER'S CLOSING DOWN....
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| 00:12:34 |
HOST, -
IT IS NOT THE PRETTIEST THING IN THE WORLD, BUT IT IS
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| 00:12:39 |
GUEST, -
BETTER THAN THE ALTERNATIVE, WHICH IS NOT TO QUESTION THEM AND ASK TOUGH QUESTIONS. HOST: REPUBLICAN LINE, NEW JERSEY. CALLER: GOOD MORNING. THANK YOU,...
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| 00:13:08 |
HOST, -
RICH PEOPLE, PEOPLE WHO SUPPORT OBAMA WILL NOT GET HIT. OBAMA'S PLANS ARE NOT GOING TO GET US OUT OF THIS RECESSION. I PREDICT THAT WE WILL STILL BE...
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| 00:14:58 |
GUEST, -
BEEN VERY ADULT ABOUT THIS. HE SAID IN ONE YEAR, JUDGE ME BY THE JOB SITUATION. JUDGE ME ABOUT WHETHER RECREATE OR SAVE JOBS. I THOUGHT THAT THAT WAS...
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| 00:17:02 |
HOST, -
OBAMA ADMINISTRATION LOOKING TO DECREASE BAILOUT MONEY. GUEST: THE DEVIL IS IN THE DETAILS. ON THE FIRST ISSUE OF THE TOXIC FUNDS, DEALING WITH THAT HAS...
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| 00:17:35 |
GUEST, -
ASSETS. THE OBAMA ADMINISTRATION IS GOING TO PROBABLY HAVE TO TAKE SIDES IN THAT THIS WEEK. WE WILL SEE HOW THEY DO IT. ON EXECUTIVE PAY, IT SOUNDS ...
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| 00:18:26 |
HOST, -
GUEST: IT IS AN INTERESTING SLIP BETWEEN THE TRADITIONAL ROLE BETWEEN COUNTRIES LIKE GERMANY AND THE U.S. WE WILL SEE THAT THAT THAT G20 LATER NEXT MONTH....
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| 00:18:53 |
GUEST, -
THE "THE NEW YORK TIMES" STORY, AND IT SOUNDED LIKE AS THE DAY WENT ON THE STORY GOT LESS AND LESS EXCITING. TO THE POINT WHERE THE OBAMA ADMINISTRATION...
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| 00:19:37 |
HOST, -
GIBBS, TIMOTHY GEITHNER, THEY HAVE
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| 00:19:39 |
GUEST, -
TALKED ABOUT THIS MULTIPLE TIMES.
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| 00:19:41 |
HOST, -
REREGULATION. THE POINT IS NOT TO REGULATE COMPANIES THAT ARE COMING FOR BAILOUTS NOW, IT IS
|
| 00:19:51 |
GUEST, -
TO LOOK AT THE ENTIRE REGULATORY SYSTEM THAT ALLOWED THIS ECONOMIC CATASTROPHE TO OCCUR. MAKING SURE THAT HEDGE FUNDS AND INVESTMENT BANKS AND INSURANCE...
|
| 00:21:33 |
HOST, -
A YEAR-AND-A-HALF. NEXT CALLER, GOOD MORNING. CALLER: FIRST OF ALL, IT IS HARD FOR ME TO BELIEVE THAT THE REPUBLICANS ARE SO DOWN -- I AM KIND OF MODERATE,...
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| 00:22:46 |
GUEST, -
THEIR OVERSIGHT DUTIES SO POORLY DURING THE BUSH ADMINISTRATION, REALLY SELLING OUT ON SO MANY REPUBLICAN PRINCIPLES. BUT THEY DO NOT, THE CONSERVATIVES...
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| 00:23:34 |
HOST, -
WE NORMALLY GO TOO FAR ONE WAY OR THE OTHER. NOBODY WANTS TO SEE ANYBODY GET ATTACKED. IF MY THEORY IS RIGHT, THIS GUY IN HIS HEART BELIEVES THAT HE NEEDS...
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| 00:24:18 |
HOST, -
THE HEART OF WHAT THEY BELIEVE, IN A LOT OF WAYS. . >>
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| 00:24:31 |
GUEST, -
I WOULD LIKE THIS COUNTRY TO CONSIDER GIVING AN APOLOGY FOR THAT, WHAT HAPPENED IN OUR PAST, AND THERE ARE PLENTY OF REPARATIONS. WOULD YOU, I WATCH...
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| 00:25:56 |
Unidentified Speaker, -
QUESTION. I GATHER YOU WANT ME TO ASK HIM ABOUT REPARATIONS. I BELIEVE OBAMA WAS ASKED ABOUT THAT A COUPLE OF TIMES ON THE CAMPAIGN TRAIL. IT IS HARD...
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| 00:27:23 |
Unidentified Speaker, -
INABILITY TO GET THEIR STORIES STRAIGHT, THAT IS HARDLY THE, A PRESIDENT WHO SPEAKS DIRECTLY TO THE PRESIDENT -- A PRESIDENT IS SPEAKS DIRECTLY TO THE...
|
| 00:28:05 |
Unidentified Speaker, -
TURBULENT WATERS. I THINK FLAILING, WE
|
| 00:28:11 |
HOST, -
WILL SEE ABOUT THAT. WE WILL
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| 00:28:15 |
GUEST, -
SEE ABOUT THAT IN SIX MONTHS OR SO. BUT THEY CERTAINLY HAVE THEIR PLATE FALL, AND HAVE A LOT OF BALLS IN THE AIR. GUEST: I THINK IT IS CHILDISH TO BE...
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| 00:28:51 |
GUEST, -
IS NOT THE SIGN OF A FLAILING PRESIDENCY. HE SIGNED HALF A DOZEN OR SO EXECUTIVE ORDERS. THIS IS ALL WHILE STAFFING UP ONE OF THE MOST IMPORTANT ENTITIES...
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| 00:30:43 |
HOST, -
THE TOTAL MEDIA IS DERELICT IN ITS DUTIES, BECAUSE YOU ARE TALKING ABOUT SUCH SMALL THINGS, LIKE THE AIG PEOPLE ARE GETTING BONUSES, OR THIS IS IT FOR...
|
| 00:31:52 |
GUEST, -
THERE WILL BE HUGE BONUSES IN PLACE. IT IS JUST ALL PART OF THE PROBLEM OF GETTING INTO ALL OF THIS. I THINK ALL OF THIS GOES TOWARDS A MUCH LARGER...
|
| 00:32:38 |
HOST, -
THERE WAS A WHOLE LITTLE MYSTERY ABOUT HOW THAT CAME TO BE. AND DIEDODD GAVE A COUPLE OF EXPLANATIONS ON THE RUN, BEFORE WE SAW THE REAL ONE. HE SAID...
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| 00:34:11 |
GUEST, -
I WOULD HAVE REJECTED THE BONUSES IMMEDIATELY COME OUT OF HAND. THE ARGUMENT WAS TECHNICAL. THE OTHER CONCERN I HAD, WAS THAT SIMILAR PROVISIONS IN...
|
| 00:34:34 |
Unidentified Speaker, -
THAT ENTIRE PROVISION WAS DROPPED. THERE WERE CONCERNS -- THEY HAD EXPRESSED -- EXPRESS CONCERNS EVEN BEFORE IT WAS ADOPTED. I FIND IT IRONIC, THAT THE...
|
| 00:35:47 |
GUEST, -
ON HIM, FOR A LACK OF OVERSIGHT OF FANNIE MAE AND FREDDIE MAC. A LOT OF PEOPLE HAVE ACCUSED HIM AND OTHERS OF FOMENTING THE PROBLEM, BY ENCOURAGING...
|
| 00:37:18 |
HOST, -
BEEN TALKING ABOUT THIS FOR 20 YEARS. WE HAVE A SYSTEM WHERE PEOPLE GET -- MAKE THE LAWS, TAKE MONEY FROM THE PEOPLE WHOM THE LAWS COVER. IF YOU ARE AT...
|
| 00:37:35 |
GUEST, -
GAME FOR ALEX RODRIGUEZ MONEY BEFORE HE CAME UP TO BAT. IT DOESN'T MAKE SENSE AT ITS CORE. NOW WE ARE SEEING SOME EXAMPLES OF SENATOR DODD COMES INTO...
|
| 00:39:08 |
HOST, -
I HAVE BEEN WITH THEM FOR 30 YEARS OR BETTER. I AM WITH THEIR AUTO INSURANCE. THE BONUSES, IF THEY SAY WAS CONTRACT, AND THEY HAD TO. WHEN THEY HIT THAT...
|
| 00:40:31 |
Unidentified Speaker, -
SHE RAISED IS WHY BAIL THESE PEOPLE OUT? THE ARGUMENT IN THE AIG
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| 00:40:43 |
GUEST, -
CASE, THAT STATE INSURES SO MUCH IN TERMS OF CONTRACTS AND SWAPS WITH OTHER COUNTRY AND OTHER -- COMPANIES AND OTHER FORMS OF LENDING, THAT IF THEY WENT...
|
| 00:42:14 |
HOST, -
DINERS DISCOVER THAT THEIR KOSHER HOT DOGS WERE NOT KOSHER. GUEST: WHAT IS GREAT ABOUT
|
| 00:42:21 |
GUEST, -
THIS IS THAT WITH ALL THE GOOD HEADLINES, THERE ARE PROBABLY SEVEN OR EIGHT DIFFERENT WAYS OF READING IT.
|
| 00:42:30 |
HOST, -
GUEST: I THOUGHT IT WAS ABOUT REPRESENTATIVE BARNEY FRANK. GUEST: WE
|
| 00:42:41 |
GUEST, -
HAVE HAD A LOT OF FUN WITH THE GREEDY PIGS. CALLER: GOOD MORNING. DID YOU KNOW THAT THE HUNDRED BILLION DOLLARS THAT THEY ARE TALKING
|
| 00:42:58 |
GUEST, -
ABOUT AND CRITICIZING, YOU KNOW THEY
|
| 00:43:02 |
GUEST, -
SPENT $800 BILLION ON THE IRAQ WAR? SECOND POINT IS, REPUBLICANS TALKING ABOUT OBAMA NOW WILL NOT GET PEOPLE TO GO BACK TO REPUBLICANS. GUEST: I DON'T...
|
| 00:43:43 |
GUEST, -
PERIOD OF TIME. AND THE IRAQ OR, THAT SPENDING WAS OVER A PERIOD OF SIX YEARS, AND CONTINUES. I THOUGHT THAT WAS INTERESTING. HOST: ANOTHER STORY, FROM...
|
| 00:44:23 |
HOST, -
ADMINISTRATION, HE WAS A LOBBYIST FOR GOLDMAN SACHS. GOLDMAN SACHS, IS ONE OF THE BIG INVESTMENT-BANKING FIRMS THAT HAS BEEN INVOLVED IN SOME OF THE PROBLEMS.
|
| 00:44:37 |
Unidentified Speaker, -
I THINK THEY GET $6.8 BILLION FROM AIG. BARACK OBAMA HAS TALKED A LOT ABOUT KEEPING LOBBYISTS OUT OF THE GOVERNMENT, AND THE ILLS OF THAT. BUT MARK PATTERSON...
|
| 00:47:03 |
HOST, -
ANOTHER RELIABLE -- LOBBIED FOR THE ACLU. THE LIST GOES ON. GUEST: IMPORTANTLY, IT FLIES IN THE FACE OF THE CAMPAIGN PROMISES, AND WHAT HE SOUGHT TO...
|
| 00:47:45 |
GUEST, -
NOW, NOT ONLY WITH THE LOBBYISTS, BUT WITH THE WHOLE SITUATION, AND THE NUMBER OF APPOINTEES WITH TAX PROBLEMS, MOST SPECIFICALLY TIM GEITHNER. AND THE...
|
| 00:49:13 |
GUEST, -
I THINK THAT THE PUBLIC IS NOT IN OR NEAR THAT YET. THEY ARE STILL VERY MUCH INVESTED IN OBAMA. THEY NEED FOR HIM SUIT -- TO SUCCEED. THERE STILL IS A...
|
| 00:50:21 |
HOST, -
HIGHEST TAXES, HIGH AS GAS AND THE HIGHEST MURDER RATE. UNFORTUNATELY, WE WERE GIVEN HOPE AND CHANGE ALL THE YEARS THAT BARACK OBAMA WAS HERE. MY QUESTION...
|
| 00:51:31 |
HOST, -
BLACK PEOPLE. GUEST: ON NOT SURE THAT WAS A REAL QUESTION THERE. THIS IS A GREAT COUNTRY. IF YOU ARE A RACIST LIKE DAVID DUKE, PEOPLE CAN ATTEND, AND...
|
| 00:51:57 |
GUEST, -
DO THAT. IT IS FAIR IF HE WANTS TO RUN DOWN THE ROAD FOR OFFICE, PEOPLE CAN BRING THAT UP. I DON'T THINK THERE'S ANY VOTER WHO DID NOT KNOW ABOUT REVEREND...
|
| 00:52:51 |
HOST, -
COMPLEX, A TASK THAT MUST BALANCE HIS PUBLIC PROFILE, SECURITY NEEDS, MAKES IT INTENSE COMPETITION AMONG PASTORS TO BRING THEM IN. GUEST: THEY HAVE...
|
| 00:53:27 |
GUEST, -
IS WHY I FOUND THEM LOATH TO TALK ABOUT IT. HOST: AKRON, OHIO. CALLER: GOOD MORNING. THE FIRST COMMENT I WANT TO MAKE IS, I DON'T BELIEVE YOU HAVE ALLOWED...
|
| 00:53:56 |
HOST, -
PICKED AT, AND IT IS CONFUSING TO ME. HOST: THERE HAS BEEN A COUPLE OF STORIES RELATED TO THE FACT THAT HE MIGHT BE OVER-EXPOSED. DO YOU THINK HE IS DOING...
|
| 00:54:22 |
HOST, -
CONFERENCE TONIGHT. TOO MUCH? IT HELPS THE PUBLIC TO KNOW WHO HE IS. , TO GET SOME FEEL OF WHAT WE ARE THINKING IN THE COMMUNITY. I DON'T UNDERSTAND...
|
| 00:55:31 |
GUEST, -
I ALSO THINK THAT THE PRESIDENT HAS BEEN AN ENORMOUS SUCCESS, BECAUSE HE HAS BEEN ABLE TO TALK DIRECTLY TO PEOPLE, AND REACHED SOMETHING INSIDE OF PEOPLE,...
|
| 00:56:33 |
HOST, -
GUY WHO IS NOW A COMMENTATOR WHO USED TO WORK AT THE WHITE HOUSE. IN THE REPUBLICAN PARTY, HE WAS NOTHING BUT A SPINNER. I AGREE WITH HIM. I THINK THE...
|
| 00:56:53 |
GUEST, -
YOU HAVE TO SEPARATE IT ALL OUT. THE LINES CAN GET VERY BLURRED. WHERE PEOPLE CAN WATCH AND READ THE TRANSCRIPTS AND THE PRESS BRIEFINGS EVERY DAY, OR...
|
| 00:59:13 |
GUEST, -
OF YOU ATTEND THE GRIDIRON DINNER LAST NIGHT? JIM -- TIM GEITHNER WAS THERE. IT WAS POINTED OUT THIS MORNING THAT AS SOON AS A ROUTINE THAT MUCH OF THE...
|
| 00:59:33 |
HOST, -
THERE IS A CONNECTION BETWEEN THE TWO. GUEST: I AM SURE HE IS GOING HOME TO WORK AND THE TOXIC ASSETS PROBLEM. PEOPLE AT THE GRID IN WERE APPARENTLY UPSET...
|
| 00:59:59 |
GUEST, -
THEY WERE UPSET BECAUSE BARACK OBAMA DID NOT ATTEND. THEY SAY IT HURT HIS STANDING IN WASHINGTON. AS FAR AS I'M CONCERNED, BARACK OBAMA IS WASHINGTON....
|
| 01:00:40 |
HOST, -
WITH THE SPIRIT WE WANT TO SHARE WITH YOU THIS MORNING INSIDE THE NEW YORK TIMES EDITORIAL. IN A
|
| 01:00:45 |
GUEST, -
MOMENT WE WILL GET TO REACTION. WE WILL READ DETAILS FROM AN OPINION PIECE. AS MUCH AS IT NEEDS TO HAPPEN, WE NEVER EXPECTED THE PRESIDENT TO IMMEDIATELY...
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| 01:00:58 |
HOST, -
EVERY ONE OF GEORGE BUSH'S MISGUIDED AND DANGEROUS
|
NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.