Tim Geithner - Sec. of Treasury
Gregory: Tim will things get worse before
they get better?
Geithner: sure but we’re seeing positive signs
and I think most unemployed Americans get that
and sympathize with us
Gregory: oh no doubt
Geithner: look we lived beyond our means for
years but now the party is over and it’s time to sober and pick up the beer cans and passed out drunks
off the lawn
Gregory: will we have another recession?
Geithner: well if we did that would make me look
like an idiot Greggers
Gregory: where are all the jobs?
Geithner: there’s a lot of pent up demand - the economy is like teenage boy ready to explode
Gregory: but those boys have no confidence
Geithner: we have to massage the economy
and buck them up!
Gregory: why not stimulate more?
Geithner: we’re in a transition period
Gregory: so no more stimulus?
Geithner: we can’t deal a stimulus now since we have high unemployment
Gregory: um that was my point Timster
Geithner: government must transition from doing something about the economy to not caring as usual
Gregory: why not pay for unemployment benefits like we do for wars and tax cuts for the rich
Geithner: because that’s fucking stupid Fluffy
Gregory: that’s an outrageous implication
Geithner: it won’t add to the debt moron
Gregory: so why not a big giant stimulus to jump-start the economy?
Geithner: if we do that the Germans will mock me
at the next summit
Gregory: should bankers on welfare get
Geithner: yes but only this time and not again
Gregory: how can we prevent another crisis?
Geithner: this new law will add cushions to the economy
Gregory: sounds comfy
Gregory: does it bother you that 25% of our economy are useless fuckers running a giant casino
Geithner: not at all Fluffers
Gregory: how do you solve the housing crisis?
Geithner: lower interest rates and a modest mortgage modification program
Gregory: very very modest I should say
Geithner: well we don’t want to reinflate the
Gregory: so should we allow poor people to
Geithner: sure but in a carefully designed way so the peons and unwashed are not included
Gregory: will you raise taxes on the very rich?
Geithner: Look all those fucking teabaggers are so worried about the debt - well guess what we’re going to be responsible and raise taxes on the top 2%
Gregory: what’s a painful choice you’re willing make to tackle the debt?
Geithner: we’re going to cut spending and raise taxes on the rich
Gregory: what about something really really painful
Geithner: I came on your show
Gregory: Americans have seen their investments
go down and Obama is President
Geithner: they’re gone up since he became President liar
Gregory: [ grins ] well whatever
Geithner: deceitful bubblehead
Gregory: and now let’s talk about why the media can’t get basic facts right
[ break ]
Gregory: Barack Obama was going bring us a wonderful post-racial America - and he’s failed!!
[ grins ]
Shirley Sherrod was wrongly fired - a teachable moment? Do we another beer summit? Some observers say Obama could solve racial problems and others say he’s failed because we still act crazy when it comes to race
Gregory: this is all politically charged - what happened Marc?
Morial: I’ll tell you what happened - that fucker Breitbart yelled fire in a crowded theater
Gregory: I used to love that guy
Morial: we learned that Shirley Sherrod has a fascinating and teachable story and also let me
plug my upcoming conference
Gregory: Let me quote Maureen Dowd
Dunn: oh my god
Gregory: no Dowd has strong words for the
Dunn: yeah maybe the NAACP needs an advisor on black relations too
Gregory: hah ok
Dunn: the media fucked up too Fluffy
Gregory: yes but Obama is insensitive on race
Dunn: jesus he wrote a whole book on race
Gregory: but Obama was supposed to get rid of racial problems
Dunn: look this unhinged lunatic tried to say the NAACP is a racist organization
Gregory: yeah that was funny
Dionne: holy fuck Sherrod gives a positive post-racial speech and the media is so fucking terrified of being called liberal they run with every right-wing story no matter how false and slimy
Brooks: I always check the facts unlike those horrible bloggers
Dunn: eat at an Applebee’s recently Brooksie?
Gregory: is the Tea Party really trying to convince people that Obama is a black racist and whites are the real victims of racism?
Santelli: sure there are a few racists in the Tea Party but only because the Tea Baggers are against welfare for lazy poor people who happen to be black
Gregory: why won’t Obama engage in race and solve racism in America!
Morial: Obama needs a black friend like
Stephen Colbert has
Gregory: that’s a good idea
Morial: the Tea Party compared Obama to the worst people in world history like Hitler, Lenin, Mao and Mel Gibson
Gregory: the left is just as bad!
Dionne: Hey Fluffy Fox News says Obama has a deep seated hatred of white people
Brooks: I have an anecdote - Black people love
the Tea Party
Gregory: Jim Webb helpfully used this moment to tell us that we should get rid of affirmative action and poor white people have suffered the most
Brooks: we live in a gotcha culture - why did people go after poor Tom Vilsack
Dunn: somehow I’m sure the media will find a way to blame Obama
Morial: meanwhile the Senate cut $1 billion in benefits this week
Gregory: what about poor white people?
Morial: yeah it’s real tragedy
Santelli: I just realized in January 2009 that the debt and the deficit is terrible!
Gregory: the stimulus isn’t working well enough
Brooks: people are very scared of the debt
Gregory: interest rates are low so let’s borrow
Santelli: yes but that could change
Gregory: but it hasn’t
Santelli: well look at Greece
Gregory: so what
Santelli: look we cut spending for all the little people
Gregory: why doesn’t Obama raise taxes on
Dunn: because it’s stupid and would hurt
Gregory: but Democrats believe tax cuts are
a bad idea
Dunn: no liar Democrats voted for them and only believe excessive tax cuts for the rich should
Gregory: Obama spoke to angry liberal bloggers this week by telling them he’s trying to keep his promise to let gays serve openly in Gitmo and Afghanistan
Dionne: jesus fuck the rich pay a lower tax rate than poor people do!
Brooks: as an economist I say we should think long term and give a tax credit for ignorant bullshit
Gregory: we’d all get rich!
Brooks: can I get an amen!
Gregory: Marc you’re black - how about
Morial: hey don’t rush to judgment on that corrupt fucker
Dunn: that’s right he may yet be acquitted of the charges he’s clearly guilty of
Gregory: Wise words indeed