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On the Media

March 27, 2009

On the Media

WNYC Studios

News, Radio, Amendment, Transparency, History, Micah_loewinger, Technology, Advertising, Politics, Society & Culture, Magazine, Journalism, Tv, Wnyc, Newspaper, Brooke_gladstone, Studios, Npr, Newspapers, Media

4.69.1K Ratings

🗓️ 5 May 2011

⏱️ 50 minutes

🧾️ Download transcript

Summary

Transcript

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0:00.0

From WNYC in New York, this is NPR's On the Media.

0:04.3

I'm Brooke Gladstone.

0:05.5

And I'm Bob Garfield.

0:07.3

This week, the White House focused on pitching its new plan for economic recovery.

0:13.2

Last time they tried this hard was in early February when Treasury Secretary Timothy Geithner unveiled the administration's proposal for dealing with the toxic assets plaguing financial institutions.

0:25.0

His performance was not electrifying.

0:28.7

...funding mechanism that uses capital from the Treasury as a bridge to private capital.

0:33.3

Both the plan which lacked specifics and Geithner, who lacked VIM, were given two thumbs down by the media and the stock market, which tanked.

0:45.5

So this week, the White House went a different route.

0:48.1

Geithner explained his plan to reporters in a pen and pad chat, no TV cameras allowed.

0:53.8

CNN's Jessica Yellen was there, and she said it was probably for the best.

0:58.5

He is not a person who exudes confidence.

1:00.7

He looks like an overgrown prep school student who's coming before the administration

1:04.7

board because they broke the honor code.

1:06.5

Oh, my goodness.

1:07.3

He sort of sits there kind of cowering back.

1:09.5

It's just his style.

1:11.3

Keeping Geithner off camera may have helped.

1:14.4

The Dow shot up almost 7%.

1:16.8

But still, the cameras were waiting, and someone who does exude confidence had to pitch the plan to the American people.

1:24.7

Enter the president, pitching on the Tonight Show at the end of last week, 60

1:30.0

minutes over the weekend, a primetime press conference on Tuesday, a digital town hall. Peter Nicholas,

...

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