new book out called a skateboard estimates are by gnome schirer and he
only writes for the and new republic and uh...
he is here to tell us about off all the different things that went on inside of
our ministry
so one of things that we find out for the book is that
it's not a black and white world with which we of course suspected all along
with some of the guys that we had backfired scene and from outsiders
generally bad guys r_n_d_ bad guys
they have some positions that we would agree with and that
they're more nuanced of course they're human beings
although honestly some of them are not that nuance
every single book
has ect
stab the same things to say about tonight and peter wars acted or is there
was a budget director
and peter reside was just as conservative as they get
and you know r_e_i_t_
just as a progressive i don't agree with him
on his budget priorities on cutting entitlements which i think a disastrous
etcetera
and i'm tim geithner
it's even worse
at every turn
protected the banks protected the banks
every source inside the white house the greeks
so those guys are a little bit black-and-white and dying is worse
because
hey look you can be a concert mon policy matters and i disagree with you
i don't think there's a good rationale for own led to protect the banks at all
costs
no strings attached
it slightly in december a save the banks but i gotta put preconditions on it so
they don't screw us again is surrounding the say i'm a save the banks whose given
given trillions of dollars and not ask for anything in return
that's net either total another negligence
he's doing it on purpose to help the bank ste
or zion geiger don't get help by these the buy this book at all as they have
not been helped by any of the books
of inside
now larry summers is spare person
who is shown as doing some or graphic things
so for example
when christina romer comes in and all the previous reporting was that she want
to push for a one point two trillion dollars
is stimulus spending
it turns out that's not true
she actually wanted one point eight right
solorio process workers
she went mass from point a trillion
to larry summers and larry summers at other that's unrealistic it out here now
they give me a amaryllis again which was back three works and goes ok five years
one point it really
by summer goes thank you very much
and he does the president and a maximum he submits
is eight hundred known
so what happened
well keep aired at her proposal down
after she had already paired it down
so somehow we want to humphrey instead of one point six trillion
to have that i'm sorry what glacial to less than half of that at eight hundred
uh... billion dollars
why do you do that
physician quote from the book
he had a view
that you don't ever want to be seen as lose
so door ass for and nickel more than
you want we think you can get a should say
because if yasir nickel more you don't get you'll see michael looser off
what are one way to play politics
creditable on his asked for the moon the stars in the milky way in the entire
universe
and then republicans will go out there i take art at the sun
and you know they don't plan as it will take your admission as a plan
but hey we don't see why glued
just because we only after a blue dog
no yugioh i think i a star system you should not
so if that's terrible and summer as those in even
in fact this is aware than alaskans that
rahm emanuel didn't even know what rumors real proposal was
emanuel obama's assumed that they that they are
you know the date hundred
billion was like near the top of what they could ask for it because that's
what larry summers told look
it even talk about other proposals he is so bad on that but interestingly enough
larry summers actually opposed two things including deficit-reduction
commission which is a disaster proposed by or zack
that's what you want to cut social security medicare et cetera and cut
taxes for the rich so some of those on the right side of that
and he uh...
push back against the domestic spending freeze
hey this is really interesting at some point
summers a paralegal people here remember we're suppose the democrats
ike even summers remembered at some point right we're democrats
why are we going to pass a spending freeze
which by the way present obama did implement he did not listen to summers
are not one occasion
what he was right
and he was not or zack alright so i can schedule worse and worse
by the way to get a sense of how wrong they were on their political
calculations
when the submitted the stimulus plan the senate
they thought that they were really get fifteen democratic senators i'm sorry
republican senators to sign
fifteen
how naive worried
they eventually got three after
massive concessions
after they took a hundred billion sa reply will make it a third of a team tax
cuts
which didn't help the economy
and which is exactly a republican proposal so they gave away all this
stuff after think don't wait
one trillion it would
interrelate
and they thought they were trying to read it fifteen senators uh... pickup
great
so it gives me a sense that these guys really
there's other again for the moment that this is a three-dimensional chess
they really were naive going in although of course are important to work with us
and they're still think there from time to time we gonna find out why in a
second to
mother para guys that i had hoped in looking from outside as we didn't know
much about a night configured
somebody inside the white house got me interested
it was david plop fu of course randall bombers campaign throws up not raleigh
and bob
non-aggressive
uh... here's one quote from the book
he wanted uh...
to cut internal miss the most part so you like or cheeses
and he says
quote sure initialed and raise a party's base
but the political club side with the rest of the country would more than make
up for
so do you get that they like
does if it really hurts the middle class if it hurts retirees who cares
i've made a political attack duration
and at shockingly as usual no bomb ed
initiation making a political graduation the school over their own base is a
brilliant way to go
so telling her so many different ways
and then here's a white house colleague
quoted about plot quote
plot this
pretty big on accomplishments trump normal politics
if we can say that we had an accomplishment
which is the agree with republicans
to devastate entitlements well that would be such a big accomplishment they
would trump colin quote normal politics
saluda mindset the mindset is
if we give in to the republican up if we do not things that are pro republican
that battle scene bolden brawley
how did these guys win the election the first but
by the way
uh... in in tacit admission at the wrong is that now the president is running for
reelection all the sudden
he's a progress online went out and all these blame political ideas
turns out you were wrong right we actually the bones of a sudden it acts
i don't ask us whatsoever is accelerated
almost half of the middle class and i never tell what what happened
yumiko can tell you it was so scary medicare
those your brain idea
but here comes up i think in ft some ways the most devastating
owb almond generally believed
the way to pass this program
lissy engage earnestly with opposition
not
take his case
how often have we told you this on the interest will last for years
you've got a meter case
if you don't make your case how are you aware
it turns out
when you actually interview
inside administration officials
basic or had that was obama's
brilliant idea
let's not make their case the public
lisa's work earnestly with the republic
it was not a brilliant plan
he's just flat out wrong
and that's not something they did are you
put even if you're a massive all bomb a supporter of you to tell me
working earnestly with the republicans last three years worked out for us
are you telling me that not meeting your taste public because you wanted peel
earnestly to republicans
and hope on their that they will deliver for you in good faith
was the right strategy
no one in their right mind could possibly believe that at this moment
and we were not monday morning quarterbacks that's why would criticize
the president
'cause we were trying to help 'em get away from that walang strategy and he
didn't listen
senate rahm emanuel came out
incall liberals pepin retarded
how brilliant do you look right now
the your brilliant strategy was
at pease republicans
and don't make your own case
i couldn't think of a worse political strategy
and that's how we got here