Geithner On Backup Plan: This Plan Will Work

[slipslidingaway]

Run time: 01:10 https://www.youtube.com/watch?v=9GK9Rg9M6-g   Posted on YouTube: March 24, 2009 By YouTube Member: Views on YouTube: 0   Posted on DU: March 25, 2009 By DU Member: slipslidingaway Views on DU: 602

 

"...Congressman this plan will work. This plan because of the authority provided not just by Congress but the treasury and the Fed gives us broad ability to do what you need to do to get through a financial crisis like this. It just requires will; It's not about ability. We just need to keep at it. We just need to work with Congress to make sure we do this on a scale that will make it work..."

[JDPriestly]

1. That was one of his better moments, but he needs to slow down when

he talks. Obama is very good at speaking slowly and explaining things so that people can really understand. I have the impression that Geithner has never taught a course in any sort of school. A little teaching experience is a very useful thing.

[slipslidingaway]

4. Confidence is a good thing...

but then again so is a backup plan.

I agree with having to slow down a bit.

:)

[Thrill]

7. He's clearly one of those guys that is a nerd/wonk type. That does their best work

in the background not talking in front of people and explaining to an audience. They tend to talk too fast when trying to explain. They assume everyone in the room already understands whats going on. I can respect his short comings in this area. But I think he has the experience and knowledge to make it work

[dflprincess]

2. Yeah, I remember McNamara and Rusk telling us their plans would work as well

"Best and the brightest".

[slipslidingaway]

5. Yes, a bit worrisome :( n/t

[pam4water]

3. OMG it is ability. It been the Bull Shit of it just takes will that got us into the mess FFS!

I thin I could see his nose growing while he spoke.

[slipslidingaway]

6. I presume he means they have the ability with the authority that

has been provided.

:shrug:


"This plan because of the authority provided not just by Congress but the treasury and the Fed gives us broad ability to do what you need to do to get through a financial crisis like this. It just requires will; It's not about ability. We just need to keep at it."