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Hey Tim Geithner taking full responsibility for the -- -- -- so is it time for the president to cut him loose or as guy right there.
Just gotten a bum -- David men.
At the Center for American Progress says Geithner has got a bomb companies should stay so you're saying look and -- here.
And thanks for having a it look I I think that it's it's way too -- be talking about asking Geithner resign.
I don't know what's going on in Louisville game right now but if they're down if they've missed a few shots I don't think it's appropriate call for Rick Pitino resigned.
And I think we're a similar situation with secretary Geithner he's just rolled out number of -- I think a big one is yet to be unrolled but it's imminent.
And we have to give these -- time to work the making home affordable planning introduced just two weeks ago.
Hasn't had time to take effect it hasn't even been -- Well you know I agree they did it did that that this.
Does not appear to be the stuff of which you know you resign or get impeached or whatever event.
But obviously you serve at the discretion of the president and if you get to be going and so you got to be an embarrassment or -- -- in the headlines.
Do you you have like a Bert Lance deal -- -- -- Jimmy Carter and finally Jimmy Bryant said look -- -- -- -- yet.
But it is you know it's not working out now to be fair Bert Lance was involved in something far more chicanery it -- and -- but but nevertheless.
At at what point does the president say that your your words to me is declining each day just on -- bad press.
Well I don't think that now's the time -- you can speculate all you want.
But the fact is secretary Geithner is going to be in the news frequently because he's a Treasury Secretary and -- -- time.
-- that's obviously going to be something that is going to be in the news every day it's a topic that haven't cares about its biggest concern on people's mind.
And and frankly he's got a huge job ahead of -- -- the bailouts are enormous managing that process is enormous.
And he's got a a big task ahead of -- think Nouriel Roubini just predicted one point five trillion dollars potentially an additional bank losses.
That's something the federal government's gonna have to deal with and it's not going to be quick it's not going to be easy you know a lot of hard choices ahead.
And we you know you -- something very interest sing and I agree that in this respect David that maybe the heat comes off -- that that the credible.
Plan comes in other words -- that -- toxic asset plan or or you know what whenever the stress tests is going to be -- some credibility and on so it.
And and the market seemed to -- think that we're finally getting -- hands around this problem they probably won't much care.
About bonus skate or whatever we're calling.
But I think that's absolutely right and look I understand -- weren't patient they wanna see a plan ruled out immediately.
To his credit I think Geithner has avoided some of the political pressures the market pressures and willingness plan out you know I think one of the problems with the previous secretary.
Was his propensity to -- stuff out on the weekends in response to serve short term market events and the markets reacted poorly that as you know they.
Right reacted -- also isn't directed -- -- -- -- because every week and he did and I had to work.
And so little that was annoying to me as I don't you're saying essentially -- Geithner is getting a bum rap go slow C -- this goes don't jump crazy.
This is exactly this is a big big problem and it's gonna need a comprehensive solution I've just been out of disagreement you see in -- different pundits out there.
I think indicates the complexity this problem.
You know also was a former football player and I think you know -- -- never -- the idea about comprehensive game plan and that's I think something secretary Geithner is trying to do right now.
All right we'll get it out of the -- may be right David thank you very very much good having -- thanks for having been hit with a press.
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