This morning on "MTP" and "This Week With George Snuffelupagus" Tim Geithner was well prepped / well practiced / well rehearsed. He used the following phrases, identically, on both DVR'ed shows (I can't wake up early on Sunday, not on PDST).
"Blood of the Economy"
"No good choices"
"We've moved faster than Japan, or Sweden"
"Diffuse & help unwind"
"To get through this government needs to act"
and when challenged, with an accusational question...
"Let's step back a moment"
He spoke well, and tried to give calm, intelligent, reassurance. Much better than he did in front of Congress, or at previous press conferences. When Snuffelupagus played a clip of Charlie Rangel lumping former Goldman Sacks CEO Henry Paulson & Geithner together as 2 Secretaries of the Treasury who don't understand working Americans and who think everyone in Banking deserves million dollar bonuses, Geithner rebutted that he's always been in public service, never at a private firm, and has always worked to put better regulations and more accountability in place. I thought both interviews went well. How effective the Fed's "medicine" will be - il faut voir, we shall see.
1 year ago