BMI's Dan Gainor on Fox Business to Grade Obama's Economic Team Performance

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Business and Media Institute's Dan Gainor appeared on Fox Business News "Money for Breakfast" March 17 to discuss the Obama economic team's performance in the administration's first 50 days.

Gainor dubbed Treasury Secretary Tim Geithner "the worst" because "when he came out and talked about the housing plan that he didn't have, the markets tanked."

Ben Bernanke, Federal Reserve Chairman, earned a "B-minus," partly because "he showed his strength on Sunday" during a "60 Minutes" interview. Director of the White House's National Economic Council Larry Summers received a "C grade" for being "not great, not horrible."

Gainor gave President Obama a "C-minus/D" because it "clearly took a long time for him to wake up and do what he had to do here.

When pressed by Anchor Jenna Lee on the fairness of grading the team only 50 days into the administration, Gainor replied:

Well the market's giving them the grades.  So I mean in that, we, we have to. The market dropped 20 percent in less than, less than these 50 days. It's rebounded some now, and that's great.  I think we all love to see that. But you have to look at what he's been doing right now. One of the people I included in my grading was Gibbs, [Obama's] press secretary, who's been on a full-on P.R. offensive against anybody who has been questioning Obama whether it's the people on a competing network or whether its talk-show hosts or whatever. And I think that scares people and makes them think they're not taking this seriously.

—Colleen Raezler is a research assistant at the Culture and Media Institute


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I loved what Laura ingraham

I loved what Laura ingraham said about Geithner last week: he looks like a little boy sitting at his daddy's desk. 

The "Mainstream" Media: By liberals. For liberals.

Chris... Oh but we just

Chris...

Oh but we just had to had him according to the wise men and women in the Senate...on both sides of the aisle, the floor speeches made me ill regarding this incompetent clown.

They said NO ONE ELSE in this country could get this all straightened out like this man could....

WRONG!

I hope people pay attention to the Senators in their states who supported this guy...let some of them alone who voted for all of the mess we are now mired in and will be for decades with the cost of all of this...the likes of which we have never seen...and they are just starting out!

bt - do you not wonder why it is this administration

can't find ONE qualified individual willing to work for this weasel?  He makes me want to toss my cookies every time I see his smirky face. 

My guess is that until he steps down, NO ONE will want to associate themselves with this tax cheat and who knows what else he can lay claim to???

I cannot remember so many lowlife appointments EVER - and worst of all, the total lack of investigation by the msm!!

It is no dishonor to be in a minority in the cause of liberty and virtue. ~ Sam Adams

bt, It's like that almost

bt,

It's like that almost with all this faux-president's appointments. They're all a bunch of clowns that media ooh and ahs over and it looks like we're just about the only ones who see these bad jokes for what they really are. Has the world gone insane?

The "Mainstream" Media: By liberals. For liberals.

CC and Chris... I'm with

CC and Chris...

I'm with you both as you know...

As far as I am concerned I am watching the world go insane ...

Sanity has to return...or we are done!

Timmy Turbo Tax is a liar...

...and it wasn't just about the non-existent housing plan, either.

He is claiming that he just found out about the AIG bonuses last week, but, according to the Washington Post, AIG announced those bonuses a year ago.

According to what I have read and heard today, little Timmy was the author of the AIG bailout plan in the first place. All this "outrage" on the part of the Organizer's administration is nothing more than a manufactured act.

Should we believe them when they say they are actually trying to improve this nation's economy?

I don't. Not even for a second.

-Dave

This coup has gone on long enough. The time to put it down is NOW.