This program is 29 minutes long
(White House: Chip Reid) The tough week for President Obama reviewed; details given of the anger over the AIG bonuses; scenes shown of him joking with Jay Leno about his bowling and the Special Olympics. [Wednesday, Representative John BOEHNER; yesterday, Representative John SHADEGG- question the actions of the administration and Treasury Secretary Timothy Geithner.] [March 2, Representative Joseph CROWLEY- criticizes AIG.] [White House press secretary Robert GIBBS – jokes about being called idiots; says the Special Olympics deserve a lot better.] [University of Virginia Larry SABATO- says this is Obama’s worst week.]
(Washington: Wyatt Andrews) The reaction of the banking industry to the bonus tax passed by the House featured; details given about the tax that affects AIG and 8 other banks. [Yesterday, Representatives Steve ISRAEL, Lloyd DOGGETT- criticize AIG over its bonuses.] [Attorney Steve BARTLETT- says the consumers lose.] [Hedge fund manager Anthony SCARAMUCCI- says private money is scared.] [Representative John BOEHNER- criticizes President Obama.]
(Studio: Russ Mitchell) FDIC figures on quarterly bank losses cited.
(Washington: Lara Logan) President Obama’s videotaped message to Iran featured. [In video, OBAMA – says his administration is committed to diplomacy.] [Washington Institute for Near East Policy Patrick CLAWSON- notes there will not be a change of policy.] [Iranian opposition leader Alireza JAFARZADEH- comments on Iran’s nuclear program and its support for terrorism.]
(Pentagon: David Martin) The confrontation in the South China Sea, where Chinese vessels harassed an unarmed US ship, featured; video and map shown.
(Atlanta: Hari Sreenivasan) The booming car repossession business featured; statistics cited; scenes shown from a dealer auction. [Repo man Richard GROSVENOR- says we want to live beyond our means.] [Had car repossessed, Jackie CHARLES- says they took the car the week she started a new job.] [Adesa Auctions Jason BRINKLEY- comments.]
(Studio: Jeff Greenfield) Criticism of President Obama’s policies from his own supporters examined; details given about bailouts given to financial institutions who were insured by AIG. [Economist Bob KUTTNER- states Obama’s approach can’t work; comments on the challenge for Treasury Secretary Timothy Geithner.] The liberals’ view that Obama needs a new policy approach discussed.
(Seattle: Steve Hartman) The story of 86-year-old Seattle, Washington, resident Edith Macefield, whose home became surrounded by a retail development because she turned down a million-dollar offer to sell, updated; scenes of her house shown; details given of her friendship with construction project manager Barry Martin. [In 2007, MACEFIELD - tells the reporter to go away.] [MARTIN – talks about helping Edith as she battled pancreatic cancer.] NOTE: original story aired October 12, 2007.