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I agree to some, in some part. that i begin with the righteous indignation about the conditions of poor people and working people. they have gotten worse in so many ways even given the attempt of the obama administration to move forward. with geithner and company tied to wall street, that is not encouraging at all. >> all right. in the midst of the worst economy in 70 years, i mean, what he inherited was just absolutely unbelievable. >> but, ed, he missed the moment. he could have nipped the bud of the right wing populism of the tea party movement by focusing on home owners who were losing the...

Of the obama administration to move forward. with geithner and company tied to wall street, that is not encouraging at all. >> all right. in the midst of the worst economy in 70 years, i mean, what he inherited was just absolutely unbelievable. >> but, ed, he missed the moment. he could have nipped the bud of the right wing populism of the tea party movement by focusing on home owners who were losing their homes, on workers with the job creation program, with some kind of job corps, and then declaring war on poverty as opposed to this abstract war on terror. >> okay. you've also chosen to anal...

Not even small fixes to get through? >> i think the white house faces a huge challenge between now and november and then post-november coming to the economy both in terms of communications and more importantly in terms of policy. you know, the communications challenge on the economy has been from day one to try to get the american people to understand the amount of time it was going to take for the economy to turn around and i think that the administration like everybody else in the united states didn't understand on election day 2008 just how bad the economy was. and because of that, the init...

Nest while the whole tree is in trouble. we've got the kind of problem you just talked about in the previous segment. the one thing we're not discussing that isn't on the table and should be is how to get around the private sector's resistance. we can fight about why people are sitting ontarilyions of dollars, banks big and small. let's face it, if the government undertook a major job creation program, period, public jobs, money to be spent on main street, that's the way around it. >> laura, what do you think of some of the democrats like kent conrad. >> it's shameful. >> he's done a 180 on th...

Foist that regime on the american people and that's what's driving this whole conversation now about expanding the irs. when really, we should be talking about expanding health care opportunities for the american public. >> hey, maybe the bright side of this democrats saying they're creating jobs, 16,000 new irs agents out there. >> yeah. >> a little bit of an irony there, that this is the job creation program that's so rebust and really, if you look at it over a ten year period it's going to require additional 10 billion dollars, i think, clayton, this is one of the reasons why the public, th...