Sen. Dick Durbin (D-IL)
Sen. Rob Portman (R-OH)
Christine Lagarde – IMF
Andrew Ross Sorkin
Gregory: OMG America might default on Thursday!
Gregory: what the hell is going on
Durbin: we have finally agreed to relegate
to House Republicans to the kiddie table
and have an adult conversation
Gregory: what can't Congress do its job?
Portman: it's unbelievable – this is the first time
since 1776 that the President refused to
change laws in exchange for paying for
things Congress already bought
Gregory: whose fault is it?
Durbin: the Republicans refused
to go to budget conference
Portman: ummm.... both sides?
Gregory: you don't sound very convinced
Portman: all we want are concessions
in exchange for not crashing the economy
– is that too much to ask?
Gregory: can you get a deal?
Durbin: if so Democrats have to get something too
Portman: that seems wrong
Gregory: what about Obamacare?
Portman: forget that – we need to resolve
the debt America has built up over 200 years
Gregory: Republicans want to cut Social
Security and Democrats want to raise taxes
Durbin: Simpson-Bowles got it right!
Gregory: I agree
Durbin: let's all agree to cut Social Security
and close some of the worst tax loopholes
Gregory: Dr. Ben Carson say
Obamacare is slavery
Portman: trust him – he's a doctor
Gregory: is he right?
Portman: the website is down!
Durbin: because millions of Americans
are desperate for health insurance
Gregory: should Sibelius resign?
Portman: don't be silly Fluffy
Gregory: please continue
Portman: the economy is slow
is because we have a big debt
Gregory: thanks for coming guys
[ break ]
Gregory: isn't everything always both sides fault?
Panetta: no Fluffy
Gregory: that makes me sad
Panetta: the Republicans shut down
the government as part of a strategy
Panetta: a small minority couldn't
get their way and hurt the American people
Gregory: Obama won't negotiate over
the debt ceiling – so isn't this all his fault?
Panetta: no – these crazy people
are weakening America
Gregory: didn't you exaggerate the
effects of the sequester on defense?
Panetta: no – if we needed to fight
four wars right now we couldn't do it
Gregory: but we caught a terrorist last week
Panetta: look I love SEALs but if we
had to wage war on Iran Syria
Russia and North Korea we'd lose
Gregory: thank for coming Leon
[ break ]
Gregory: America may default –
how scary is this?
Lagarde: it's freaking the world out!
Lagarde: the world economy was
finally recovering and now we find
out some nuts in America want to wreck it
Gregory: what would happen if the US defaults?
Lagarde: do you remember 2008
Lagarde: default would create shock waves
zat would make ze last recession look
like a St. Tropez street festival
Gregory: another recession?
Lagarde: correct Floofi
Gregory: some say default is no big deal
Lagarde: listen Davide – creative
accounting is not ze solution
Gregory: shouldn't the U.S. slash
Medicare and Social Security
Lagarde: yes you must deal with
zeez problems but in a sensible way
Gregory: what is your general opinion of the U.S.?
Lagarde: you auto industry is doing well
but I am concerned that the quality
of your meth is has dropped
Gregory: we had a loss there
Lagarde: I see
Gregory: Janet Yellen is like yourself a woman
– are you a role model?
Lagarde: we're just trying to do our jobs
– but girls can do it!
Gregory: how do you break down barriers?
Lagarde: work hard, gain supporters
and have a sense of humor
Gregory: mercy boocoo
[ break ]
Gregory: Andrew how is my stock portfolio doing?
Sorkin: David watch the bond markets
– we could be in for a ride!
Gregory: it costs billions of dollars
to keep the government shut down
Sorkin: the conservative shut down
increases the deficit and debt – good job guys
[ break ]
Gregory: 60% say they want to fire every member of Congress
Todd: we have peace and some prosperity
– so clearly people are angry how
idiotic our politicians are
Gregory: why can't we agree to cut entitlements?
Woodruff: if people lose faith in
government that hurts Democrats
Parker: Boehner and Obama are tragic
figures because they are both driven by extremists
Gregory: I don't think people understand
what the hell is going on in Washington
Ford: some people want the government
to exist and some don't – surely there
is some compromise to be made there
Gregory: like what?
Ford: how about the government
exists six months of the year
Gregory: I like it
Ford: both sides are equally to blame –
conservatives and both liberals
need to compromise
Todd: this is insane – a six week deal
to fund government? Really?!?
Woodruff: Obama is ready to negotiate
but thinks a six week deal is stupid
Todd: I know we all love cutting entitlements
but let me tell you – the tea party won't accept it
Ford: that makes me so sad
Todd: On Wednesday Boehner is going
to punt and try to take those six weeks
to talk sense into the tea party
Gregory: Obamacare has a slow website!
Parker: at least Sibelius should have good answer
Gregory: a fisherman from “Deadliest Catch”
testified in Congress against the shut down
Woodruff: most of the country doesn't
care about the shutdown
Woodruff: although people are not
getting medical treatment and
there is a big salmonella outbreak
Gregory: other than that - no big deal
Ford: I hope this doesn't discourage
young people from running for office
or being involved in politics because
it's noble work
Gregory: you quit politics to work on Wall Street
Ford: who asked you Fluffy
Gregory: please bash Cory Booker for me
Todd: Booker is a loser because he's
not beating his tea party weirdo
opponent by enough
Gregory: what else?
Todd: hatred of Ted Cruz shows how
divided the whole Republican party is
Gregory: fascinating - what else you got?
Todd: we did a comprehensive study of the
American voter and found out where the center is
Gregory: what did you find?
Todd: the new American majority are
Social Security using, isolationist,
non-church going tolerant beer drinkers
Gregory: and that's another episode