Guests:
David Plouffe - Presidential Advisor
Austan Goolsbee - Fmr Obama Economic Advisor
Mohamed E-Erian - CEO Pimco
Chrystia Freeland
George Will
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Amanpour: wow look at the newly combative Obama!
Plouffe: We need action Christiane! Now!
Amanpour: Harry Reid says there’s jam on the floor
Plouffe: But Boehner said Obama was jello
Amanpour: incredibly some Democrats don’t
like parts Obama’s jobs plan
Plouffe: it’s got tax cuts, new schools, fast trains and
fun for the whole family
Amanpour: John McCain’s economic advisor says
it’s only a band-aid
Plouffe: Well when you’re bleeding you use a
damn band-aid!
Amanpour: that’s technically true
Plouffe: it’s called the American Jobs Act -
who doesn’t like American jobs?
Amanpour: Bill Clinton and other rich people said
we shouldn’t raise taxes on the rich
Plouffe: it’s a question of fairness Christiane
Amanpour: I suppose
Plouffe: we’re cutting taxes for everyone but the rich
who take advantage of these ridiculous loopholes
Amanpour: is it time to panic?
Plouffe: No - that was a year ago
Amanpour: thanks for coming
[ break ]
Amanpour: Oh noes the Dow is down!!!
Audience: aayyyiiiieee
Amanpour: George you are an expert on
international economics
Will: Imagine if things were really bad - that’s what
we face in my imagination
Amanpour: wow
Will: the next recession is the fault of lazy
unionized Greeks
Goolsbee: Europe sucks - USA! USA!
El-Erian: the world finally staged an intervention
with Europe - it was on Bravo and very moving
Freeland: this is like 2008 - everyone knows an
economic collapse is coming but no one is doing at anything about it
Amanpour: what is going to happen in Europe
in two words?
Freeland: massive shrinkage
El-Erian: we need a Sputnik moment!
Will: let Greece fail!
Amanpour: but George that’s terrible
Will: the fucking Italians are going to bring
us all down - screw ‘em all
Freeland: you’re an idiot
Goolsbee: Europe’s banks have no assets -
only worthless mortgages and stolen Holocaust art
Amanpour: is the political system completely broken?
El-Erian: we are all in the back seat of a car driven
by politicians bickering on their iPhones instead
of watching the road
Amanpour: what if the Chinese stop not buying our stuff
Freeland: the Chinese are freaked out by Tea Party
Amanpour: I know the feeling
Will: it takes real courage to admit that trying to
unify Europe was a bad idea - look at how successful
Europe was from 1914 - 1945
Goolsbee: The European Union has become a
Monty Python skit
Europe: We're an anarcho-syndicalist commune
but we take it in turns to act as a sort of executive
officer for the week but all the decision of that
officer have to be ratified at a special biweekly meeting
Amanpour: okay okay
El-Erian: we should fix housing, credit and growth
Amanpour: brilliant
Freeland: Businesses are rich but they won’t spend their money
Will: Barack Obama is persecuting Boeing
Amanpour: no one expects the Obama Inquisition!
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