Arianna appeared on Larry King Live Monday night to discuss whether or not Treasury Secretary Tim Geithner should be fired.
Watch below:
Embedded video from CNN Video
Related:
Arianna Huffingt...
Arianna appeared on Larry King Live Monday night to discuss whether or not Treasury Secretary Tim Geithner should be fired.
Watch below:
Embedded video from CNN Video
Related:
Arianna Huffingt...
i agree there are some possible potential issues which may or may not really matter, but cant we wait a while and give the guy some support? his prior experience may turn out to be a plus..who would better understand what really goes on in the businesses we are trying to sort out? does that mean he couldnt have experienced a recognition of the need to change how the game is played? is changing the person in his position going to improve anything any sooner? or is it a step backward in someone new starting where tim started on his own day one? my hat isnt in that ring yet.
floridafun: i agree there are some possible potential issues which may
i felt tim did well with his discussions about the whys and wherefors, and his reasoning, during his recent grilling. but i watched on cspan..not a station that showed clips and instant critiques. i dont want to see tim voted off the island because of his prior employment or because he isnt miraculously creating unrealistic feel-good-for-now heavy policy pronouncements..because whichever way he goes there will be a feeding frenzy, and if he were replaced by anyone the frenzy would simply transfer to them and multiply toward obama. i want him to have a real chance. the repubs clearly stated recently their sole mission for the next 2 years is to tear down the obama teams popularity and image. i cant jump in and help based on his prior employment..it just doesnt make sense to me at this point.
floridafun: i felt tim did well with his discussions about the
guess i am the only huffpo fan (love arianna but just pleading for some patience) who supports tim g...i dont think enough time has passed to know whether the current situation will show the improvement, in small steps, which is what i hope for. i have to wonder about another aspect of the reason the markets havent shown much consistent positive reaction yet..arent folks who can have a degree of impact mainly aligned with the republican mindset financially and the same people who fear their own purses will shrink if tims plans are successful and effective?
floridafun: guess i am the only huffpo fan (love arianna but
The solutions forwarded by the administration for the financial crisis are short-term by nature. Once the economy is back on track again, which I believe we see the first indications of it since yesterday's announcement for toxic assets purchase program, the administration will move aggressively to reform the financial system.
I actually doubt that Geithner will be around for the next round of reform for the very reasons Ariana has objected to regarding his dubious role in the rescue plan. He is too close to the system to reform it effectively. The mandate for the financial system reform is huge and far over reaching beyond what any of us can imagine now. The financial industry has lost all their protagonists in the political power base and will be facing severe restructuring when it comes for review perhaps later next year.
I think the current level of confidence in the captains of financial industry is as close to zero as one can possibly get. That is a powerful mandate for fundamental change in ways that will make the industry work more effectively for the people.
hu.man: The solutions forwarded by the administration for the financial crisis
Arianna and Thom were pretty much on-target. I don't want Arianna to give Obama a pass for keeping the unconstitutional infringement of rights from the Bush Admin. however.
racetoinfinity: Arianna and Thom were pretty much on-target. I don't want
I would love to see a discussion between Obama and Arianna. I respect both, and am having a hard time in parsing this gulf that seems to be emerging between them over the Geithner approach to the economy. Perhaps Arianna could interview the president.
JoeSchmuk: I would love to see a discussion between Obama and
Arianna, That was just to funny!! I laugh my butt off, He was caught like a deer in your head lights, You cut Mack a new butt on live tv , I started to laugh even harder when he came back with the past eight years of nothing. "You go Girl" with your bad self.
muchtosay: Arianna, That was just to funny!! I laugh my butt
Arianna Huffington is one intelligent and wise woman. I love the way she just dominate the conversation and challenge the opposition position leaving them gasping for argument points of which she strips them naked and expose them for the hypocrites they are.
Dupree: Arianna Huffington is one intelligent and wise woman. I love
Although I do think the others (Mack excluded) raised some good points, particularly the libertarian commentator whose name escapes me who noted that Obama has kept an arguably alarming number of Bush policies. The excuse given by the next commentator "governing is different than being a candidate" is weak.
superstition: Although I do think the others (Mack excluded) raised some
Newsweek recently quoted Keynes when someone asked about inconsistencies in his opinions on economics. His answer was, "When circumstances change, I change my opinion. What do you do?" The implication was that rational, open-minded, reasonable people will adapt as circumstances change. Mack and the GOP show they have only one msg, "Cut taxes for the rich and less regulation." no matter what the circumstances are. This might imply they are not reasonable, open-minded or have enough self-reflection to realize that it was exactly those principles under Bush that got us to where we are today.
Why bother with inviting GOP members on these interviews, we already know what they are going to say.
Hawaii5-0: Newsweek recently quoted Keynes when someone asked about inconsistencies in
The Press don't have anyone else, the media got to put something in there I can see the reporters just shaking there heads . That a shame isn't it. GOP, stand for Going Out Painfully
muchtosay: The Press don't have anyone else, the media got to
Did Connie Mack really just suggest that we need more of what has happened for the last 8 years to fix the economy? Did I hear him say that? It's like being drunk stumbling all over the place and someone comes up to you and says - you need a beer to fix that. UNBELIEVABLE!!!!
mummbleswers: Did Connie Mack really just suggest that we need more
This latest edition of Connie Mack needs to go the way of the old Philadelphia A's.
Arainna asks him, "What's your idea?" and like a wind-up toy he repeats for the umteenzillionth time, "smaller governemt, less regulations, no liberal social programs" (Repeat till the end of Time.)
pfc1369: This latest edition of Connie Mack needs to go the
It' so funny how the pols latch onto something and run with it like a crazed do.g. Shaking it to "dea.th" until the dog realizes that all they have is an old stuffed animal. It's almost as though they sit in a room and say, "ok Connie, you've got the AIG bonuses." and "ok, Boehner, you've got the bailouts!" And off they go blathering along the way!
ByersL: It' so funny how the pols latch onto something and
Did I just hear congressman Mack say "we stand for less government involvement and less regulation, that keep companies from growing"?
Excuse me for my stupidity, but isn't the reason why so much government support is needed, is because less regulation caused these companies to grow so big that they are now "too big to fail"
flipsideofit: Did I just hear congressman Mack say "we stand for
My favorite part was listening to Arianna knock Mack over the head with his father's participation in enacting the Glass Steagall Act. The guy stands for the usual Republican Talking Points.
mcantwell: My favorite part was listening to Arianna knock Mack over
I actually doubt that Geithner will be around for the next round of reform for the very reasons Ariana has objected to regarding his dubious role in the rescue plan. He is too close to the system to reform it effectively. The mandate for the financial system reform is huge and far over reaching beyond what any of us can imagine now. The financial industry has lost all their protagonists in the political power base and will be facing severe restructuring when it comes for review perhaps later next year.
I think the current level of confidence in the captains of financial industry is as close to zero as one can possibly get. That is a powerful mandate for fundamental change in ways that will make the industry work more effectively for the people.
Why bother with inviting GOP members on these interviews, we already know what they are going to say.
Arainna asks him, "What's your idea?" and like a wind-up toy he repeats for the umteenzillionth time, "smaller governemt, less regulations, no liberal social programs" (Repeat till the end of Time.)
mind boggling.
Excuse me for my stupidity, but isn't the reason why so much government support is needed, is because less regulation caused these companies to grow so big that they are now "too big to fail"
Then, I would take that material and build new structures form it.
I must admit, I REALLY like this analogy.