'This Week' Transcript: NEC Director Larry Summers

TAPPER: And, Matt, you and I were talking about some poll numbers about the pope and the fact that, actually, his unfavorables are going up and undecideds are increasing.

DOWD: Yes, his numbers today (inaudible) approval of how he's handled this, which in my mind, if you're a P.R. person, he's -- they've handled it worse than Toyota handled their recall situation, much worse than Toyota handled the recall situation, and farther worse characteristics.

You know, I -- I -- I was an altar boy, grew up in Catholic schools, went to Catholic college, am a Catholic. To me is we -- there is a ton of great, wonderful priests and a ton of great, wonderful bishops. And I think the pope in his own way has tried to handle this in a forthright way, more so than John Paul did in -- in what happened on.

The problem is -- and I agree with Karen -- the problem is, it's an institutional problem. It's an institution that, in my -- my view, has grown so big and so unwieldy and now only feeds itself, only serves to feed its own self and has forgot about the flock, the billion people out there that are Catholics.

What Christ's actual mission was 2,000 years ago, which wasn't to create an institution that is based in Rome, that serves -- that is only there to serve the priests or serve the bishops, but is to serve the flock. So at a time of Easter, I believe that we have to have some serious renewal of that institution, in many ways like it happened 700, 800 years ago during the Protestant Reformation, because today, it's an entirely huge institutional problem.

TAPPER: We have to leave it there, unfortunately. I know the roundtable will continue talking in the Green Room. And you can watch that on abcnews.com. And you can get political updates all week long by signing up for our newsletter also on abc.com.

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