This program is 29 minutes long
(Studio: Betsy Stark) The good fortune for Wall Street this week reviewed; details recalled about the three financial bailouts that seem to be working thus reversing the deep pessimism; scenes shown of Treasury Secretary Tim Geithner in London to try to persuade European leaders to spend money to revive the global economy. [Hillard Lyons Alan VALDES, economist Tony KRISCENZI, Dur Stock, Inc., David HENDERSON- assess the stock and credit markets.] [Goldman Sachs vice chairman Robert HORMATS- talks about the global economy.]
(Studio: Charles Gibson) Report introduced.
(White House: Jake Tapper) President Obama's effort to be more upbeat about the economy featured; scenes shown of Obama with economist Paul Volcker; details given about the various economic indicators. [OBAMA - talks about the outstanding aspects of this economy.] [Vice President-elect Joe BIDEN, National Economic Council chairman Larry SUMMERS; yesterday, OBAMA - speaks about Amtrak, consumer spending, the economy, the bubble and fear.]
(Studio: Charles Gibson; Washington: George Stephanopoulos) The administration's effort/strategy to express optimism about the economy to shorten the recession by getting people to spend more and what the heads of banks are saying discussed.
(Studio: Charles Gibson) The guests on "This Week" named.
(New York: David Muir) The tension between "The Daily Show" host Jon Stewart and CNBC's Jim Cramer about the economy reviewed; scenes shown of Cramer on Martha Stewart's show. [On "The Daily Show," J. STEWART, CRAMER - bicker over aspects of the economy.] ["Washington Post" media writer Howard KURTZ- assesses this "unusual television moment."] ["Game Over" author Stephen LEEB- says this point should be directed at policymakers.]
(Ft. Bragg, North Carolina: Robin Roberts) Excerpts from the Obama interview presented; scenes shown of Obama with the troops. [At Ft. Bragg, OBAMA - talks about the military families living on food stamps; states she believes in the nation and her husband re: the economy; praises help from her mother for keeping our feet on the ground.]
(Falmouth, Massachusetts: Gigi Stone) The serious consequences of cell phone texting in which nude photos are swapped via "sexting" examined; details given about what happened to two Falmouth, Massachusetts, who may be charged with child pornography. [National Campaign to Prevent Teen Pregnancy Marisa NIGHTINGALE- says parents have no idea.] [Teen Matthew YOUNGER- comments.] [Fathers John EICHER, Brian HUNT- talk about their sons' case.] [Middlesex County D.A. Gerard LEONE, Columbia University law professor Elizabeth SCOTT- offer views on the law on sending nude photos.]