larry summers tim geithner. i can do this all day.can spend the rest of the show running the names of of the people connected to the clinton administration who are running things for obama. you're hopeful about what? >> i'm hopeful that president obama has recognized that probably the people best to clean up the mess are the ones who created it. tavis: you're a bright guy. you believe that? >> i want to believe it. i may not be right on this. listen. we just went through the worst eight years imaginable as far as i'm concerned. and the day that president obama was elected, last november 4, it was such an emotional day. i was just really beside myself with happiness and joy and i realized it was not going to be easy for him. he was inheriting a catastrophe. not just an economic catastrophe, three wars, etc., etc. you wouldn't wish this on anyone. god bless him for wanting to attempt to do something about it. but it was funny. when he was running for office, he wasn't the candidate of wall street. they were giving their money to mccain

>> i will not say anything against larry summers or tim geithner, and i know larry and respect him enormouslyderegulating wall street under the clinton administration and getting rid of what was called the glass -- the old barrier between traditional banking and investment banking. you mess up the utility function, which is getting borrowers and lenders together with a casino function. it's kind of an investment and wall street equation. when you put the utility with the casino, you get a mixture that is almost bound eventually to create problems. number one reform ought to be xrating them, getting investment banking and commercial banking separated. >> i am looking next for the next book. robert and pat buchanan, coming together. >> i will not go that far. i like pat buchanan. >> at least you can do this, robert, say hi to all my friends up there at berkeley, would you? >> i have a question for you. when you were coming across the state, come to berkeley. we would be dying to see all of you? why don't you come to berkeley? >> well, you know -- >> let's go. >> let's check with our scheduler t

and this administration under the outstanding leadership of tim geithner and christina, and larry summers, and others moved quickly on all fronts. initializing the financial stability plan to rescue the system from the crisis and restart lending for all of those effected by the crisis. by opening an examining the books of large financial firms we help restore the availability of two things:capitol and confidence. by taking aggressive and innovative steps, we spurred lending not just to banks but to folks looking to buy homes or cars, take out student loans or finance small businesses. our home ownership plan helped responsible homeowners refinance to spin the tide of lost homes and lost home values. recovery plan is providing help to the working families, all the while spurring consumer spending. it's prevented layoffs of tens of thousands of teachers and police officers and other public servants and thousands of recovery projects are underway all across america, including new york city, renovating cools and hospitals, repairing the nation's roads and bridges. eight months later the work

and this administration under the outstanding leadership of tim geithner and christy roamer and larry summers and others moved quickly on all fronts. initializing a financial stability plan to rescue the system from the crisis and restart lending for all those affected by the crisis. by opening and examining the books of large financial firms, we helped restore the availability of two things that had been in short supply. capital and confidence. by taking aggressive and innovative steps in credit markets, we spurred lending not y just to banks, but to folks looking to buy homes or cars, take out student loans or finance small businesses. our homeownership plan has helped responsible homeowners refinance to stem the tide of lost homes and lost home values. and the recovery plan is providing help to the unemployed and tax relief for working families, all the while spurring consumer spending. it's prevented layoffs of tens of thousands of teachers and police officers and other essential public servants and thousands of recovery projects are under way all across america, including right here in n