Mar 2, 2009 3:27pm

Today’s Qs for O’s WH – 3/2/2009

TAPPER:  Two questions, one on AIG and one on CIA.  AIG, is the administration confident that it — that it knows what happened to the tens of billions of dollars previously given to AIG?
   
GIBBS:  Is it confident — I’m sorry?

TAPPER:  That they know — that you guys know what happened to the previous billions before you hand over this next $30 billion.
   
GIBBS:  Yes — yes, the — I mean, I don’t think it’s a — well, obviously, you’ve got a huge insurance company that is losing money, not the least of which because of its sheer size and sheer size and decrease in the growth in our economy.  It experiences a far bigger drop, largely because of its size. But, again, the steps that — that Treasury and — and others took were to ensure a larger systemic problem wasn’t one that we had to deal with here today in letting something just die.
   
TAPPER:  But in terms of specifically the — I guess it’s like $150 billion before, you guys are confident…
   

GIBBS:  Yes.
   
TAPPER:  … that you know where — OK.   In terms of the CIA, there’s news today that the CIA destroyed — before President Obama took office — about 92 tapes of interrogations.  What’s the reaction from the president to this news? And will you guys be trying to find out what happened exactly and perhaps pursuing criminal charges?
   
GIBBS:  Well, I have not spoken with the president specifically since the news report came around a little while ago.  Someone did tell me as part of this that, because this came out in a criminal case, that there is a — a pledge to turn over documentation and — and reasoning around this that will be done.  And the president will get a chance to look at some of that. Obviously — obviously, this is a — the development is — is not good.  It’s sad.  And I think the leadership in Mr. Panetta and certainly under the guise of this new administration, we want to give the — the people that work at the CIA the tools they need to keep us safe, but do so in a way that also protects our values. I think that’s why the president outlined so quickly a change in interrogation policies and — and said once and for all that torture is not the policy of this country.

– jpt

User Comments

I thought it was interesting that Gibbs seemed to indicate President Obama had learned about the CIA actions via a news release.

Posted by: MayBee | March 2, 2009, 3:45 pm 3:45 pm

Gibbs: “So in other words, we have no idea where the money went and we don’t care. Provided the money leaves the market and those rich baby boomers. We WANT them to rely on the government so we can expand our power base.”

Posted by: Peach | March 2, 2009, 3:49 pm 3:49 pm

Just wanted to say I think you are doing a great job. One of the only ones left in the media… But, keep up the great work!

Posted by: sarainitaly | March 2, 2009, 3:49 pm 3:49 pm

Good God–it is readily apparent that Gibbs knows nothing of what has been written about the causes of AIG’s failure. It is amateur hour, folks, and the nation’s (and the world’s) investors have had enough of a whiff and they do not like the stench at all.

Posted by: Fascist Hyena | March 2, 2009, 4:00 pm 4:00 pm

Good God–it is readily apparent that Gibbs knows nothing of what has been written about the causes of AIG’s failure. It is amateur hour, folks, and the nation’s (and the world’s) investors have had enough of a whiff and they do not like the stench at all.
Posted by: Fascist Hyena | Mar 2, 2009 4:00:17 PM
***********
Exactly.

Posted by: Peach | March 2, 2009, 4:02 pm 4:02 pm

I was bothered by another comment Gibbs made, that he (paraphrasing) wouldn’t argue with Warren Buffet on the economy.
Now, nobody is in that briefing room to get Gibbs’ personal opinion.
Does the President disagree with Buffet when it comes to the economy? Does he have people who analyze what Buffet says to prepare notes for Gibbs to discuss?

Posted by: MayBee | March 2, 2009, 4:06 pm 4:06 pm

When it comes to spending your money, the tax payers’ money, our Greatest Smartest Clueless Leader is confident, given that he has no clue where the $150B AIG money went.
When it comes to his own financial dealings, he knows exactly where and who and how to turn to, his buddy Rezko.

Posted by: kat | March 2, 2009, 4:07 pm 4:07 pm

Gibbs…150billion? begins looking in his pockets.. well no..Jake I don’t know where it went, but when Michelle and Obama get done dancing and having drinks i will ask him.
Uhhhh next question please..

Posted by: bawlknee phwank | March 2, 2009, 4:11 pm 4:11 pm

I’m looking for plenty of public blowback against Obama’s new AIG bailout. Could get Santelli-style ugly…

Posted by: matt | March 2, 2009, 4:17 pm 4:17 pm

To All-
FYI – Interesting article in the Washington Post today by Kurtz on Tapper, his background, journalistic style and reporting.

Posted by: Paige | March 2, 2009, 4:27 pm 4:27 pm

Gee think the president released the news of the tapes to deflect his abject failure on the economy?
YES HE CAN!

Posted by: Plumber | March 2, 2009, 4:29 pm 4:29 pm

Is there a video or sound on this?

Posted by: ConcernedCitizen | March 17, 2009, 9:21 am 9:21 am

I like Tapper. Get more people like Tapper and I’ll start watching ABC news.
Tapper > Major@fox
This story does make me sick though. AIG released the retention bonus stuff over a year ago. Dodd put in an amendment into the Stimulus bill EXempting AIG. Obama signed that bill into Law. Now they act outraged? It is BS, he’s just using this as a distraction.
Get the truth out ABC

Posted by: blindgoose | March 17, 2009, 12:36 pm 12:36 pm

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