peter orszag and rahm emanuel were entirely different. you mentioned peter orszag leaving. his first public move after leaving was to write a column pulling the rug out from under his former boss on the tax issue. the question of putting people in positions of power on the staff when they have their own ambitions and agendas will come at some point in conflict. >> we want see pete rouse on sunday talk shows. >> no, we won't. this is inside, but i think it got bush in trouble initially to have it tight group of people around him. it is already getting obama into trouble.

peter orszag and rahm emanuel were entirely different. you mentioned peter orszag leaving. his first public move once he got out was to write a column pulling the rug out from his former boss on the tax issue. there is a question of putting people in positions of power on staff when they have their own ambitions, their own agendas, and it will some point come in conflict. >> you will not see pete rouse on the sunday talk shows. >> no, we won't. i think that bush into trouble eventually to help a tight group of people around him. it is already getting obama into trouble. it is not a question of bringing in an outsider as the chief of staff. it is making sure you actually have contact with a lot of other people. i don't mean in the political sense. i mean actually talking to them, doing a few less media interviews and a few more chats with, let's say, business leaders who really disagree with him about some things. you can actually learn something. >> larry summers and peter orszag and christina romer gone, will there be any change in economic policy? >> the times will dictat

peter orszag and rahm emanuel were entirely different. you mentioned peter orszag leaving. his first public move after leaving was to write a column pulling the rug out from under his former boss on the tax issue. the question of putting people in positions of power on the staff when they have their own ambitions and agendas will come at some point in conflict. >> we want see pete rouse on sunday talk shows. >> no, we won't. this is inside, but i think it got bush in trouble initially to have it tight group of people around him. it is already getting obama into trouble. it is not a question of getting an outsider as chief of staff. it is making sure you have contact with a lot of other people. i don't mean the political sense. i mean actually talking to them and doing a few less media interviews and a few more talks with business leaders who you really disagree with on some things. >> colby, with all of them gone, will there be a change and economic policy? >> the times will dictate some kind of change. politically, there will have to be changed in the economic policy. for

president gets a chance to reshape his economics team, christina roemer already back in california, peter orszag writing for "the new york times." how should he reshape his economic team, given what we are up against right now? >> frankly i would hope that the president does the opposite of some of the advice he is getting right now, which hiring a ceo to come in and run economic canceled if the council to take larry summers place, i think he has been relatively easy on wall street. my view would be, i think he should go ahead and do what i thought he should have done a couple of years ago and hire a guy like paul volcker, who is a legend in his own time, and was quite prescient about the problems with the regulation of the financial sector. if not him, then other progressive voices who saw the problems before they developed. none of these people was hired by this administration, and i think it is not too late for president obama to think about hiring them. tavis: how much of the mess we are in right now has to do with the white house's deference to wall street? >> it has a huge amount to do wit

. >> christine romer, larry summers, peter orszag, rahm emanuel, is there any indication that the president because things haven't gone so well? >> we haven't gotten a sense that this is the president pushing people out. there's been a few firings over the course of his first couple of years, but this is the natural attrition of people leaving the white house after a couple of hard years, they're all names that we have heard and i think there's going to be a few more after the midterms. that said, i do think that the white house views this as an opportunity by having these openings that they can restructure things, acknowledge that since have not been going exactly as they want them and make changes without it having to be the classic shake-up that they don't want to have to talk about. >> do you think this is going to -- >> it's hard to blame the relationship which i think has been pretty poisonous on any one person. if anything, he had worked with many of them during his him on the hill, certainly pete rouse has worked with them in his time on the hill. certainly this is bigger than any o

he's leaving the obama white house on the heels of rahm emanuel leaving, larry summers leaving, peter orszageaving. what do you make of this sudden mass exodus? >> this was expected. general jones was expected to leave. two years is a time when an administration usually does do some shifting and changing, but i'll tell you this announcement today, the timing of it 25 days ahead of a midterm election seemed a little strange. we knew it was coming, but to make this big announcement and a change of national security advisor this time we're trying to figure out exactly what's behind it. >> of course, we are about three weeks now from midterm elections. i'm assuming you're going to talk a lot about this this weekend. >> definitely. we have congressman eric can'tor from virginia and we'll talk about the house races and the political environment and we have karl rove and joe trippy and we'll really get down in the weeds in some of the key races around the country to watch and there are a lot of them that are very competitive heading into the midterm election. >> we will be watching, bret baier, hos

you had larry summers and christina romer and peter orszag who were very instrumental in what the president had to say about the economy. now rahm emanuel. how do you compare, doug, the recent changes in the white house guard to what's happened in previous administrations? >> it's really pretty normal. i mean, the average lifespan of a white house chief of staff is 2 1/2 years, so rahm emanuel comes up a little bit short. but the principal cabinet officers whether it's hillary clinton at state or gates at defense have stayed, and so i don't think that that's really the problem. i think rahm emanuel probably would have stayed on if he didn't have to register here in november and get moving on what's going to be a very tough mayoral election in chicago, so the opportunity arose and rahm took it, and i thought it was a good ceremony today. >> you know, he's -- he's known for having this real bulldog personality, that he's the guy that will go in and grit his teeth and get the president's work done. he was joking, he took the time -- opportunity to poke a little fun at his job and what's happen

. >> all this natural christine romer, larry summer, peter orszag.t two years into the administration. time for a change? you got to figure the burnout factor. these people work 24/7. >> they are at the office before the sun is up, they go home long after the sun is down. two years is long enough for many of them to get out and go back to their normal lives and have lucrative jobs. we'll see a few more prominent people go around the end of the year. and then people really need to decide are they there for the long haul? are they going to be there through 2012? because what is damaging for any administration is to have staff members decide right at the last minute they want to go. it would be very difficult for the president to lose a chief of staff a month before his own re-election. one thing to do it before the midterms. that can't be the case in 2012. they'll lock in their staff and have it remain stable. >> anne kornblut, good to talk to you. up next, checking the mail may never be the same, from your bills to birthday cards. we'll tell you about

rahm emanuel, peter orszag, christina rover and larry summers. what does this mean for the president? or is this usual? would you see people of this stature heading out the door two years into. >> you do see this in the first two years. i think what's a little bit different is that we're seeing a lot of this take place a little bit before the midterm and outside events. you know, jim brought up the retirement of mayor daly that sped up the process with rahm emanuel. rahm was going to leave next year. he was going to leave probably some time in late spring was the last, they were going to do an entire reorganization to prepare there the re-election of the campaign. but i would not describe this as a shake up. this is the classic turnover because look at who's replacing who and we didn't even mention, look, david axelrod has already announced that he is going to leave and we will start working on the campaign and david mruf, one of the architect of the 2008 campaign is going to be the campaign operative on the inside and he is going to come into th

rahm emanuel, larry summers, peter orszag. they knew best. they were so clever.er let a crisis go to waste. we can jam stuff through. no problem. this president can carry anything off. that's not pete rouse's attitude. she a liberal but he is -- he is a liberal but different in tone. i love how the media has decided to accept rahm emanuel's story he wanted to be mayor of chicago. that's chicago of 1999. i think you can group rahm emanuel and never say a word about being mayor of chicago until it conveniently became his life-long ambition to give him a nice excuse to leave the white house. republicans should not underestimate president obama's willingness to get rid of people who he thinks maybe for all good intentions hasn't served him well. it's not pivoting to the center. governing in a different way than he did in the first two years. >> chris: let me, juan, bring you in about rahm emanuel. the original line is and bill quoted it during the presidential transition, he said never let a crisis go to waste. that meant take advantage of the financial legislation t

the departure of such key figures as larry summers, christina roamer and peter orszag has resulted in a period of transition for the obama administration. secretary geithner is now poised to become the dean of the president's economic team. i am pleased to have dean geithner here with us this evening. welcome. >> nice to see you, charlie. >> rose: (laughs) tell me where the global economy is. what you expect to happen in the rest of 2010 and for the year of 2011 region by region. >> the world economy suffered a serious blow, devastating blowment it wasn't just here it was really around the world and around the world, the world's now healing. it's growing. the i.m.f. expects the world as a whole to expand at a rate of 4% next year. >> rose: 4.2%, they say. 4.4% this year. >> which is not amazing but much better than we thought would have been possible. but that overall number-- which is pretty impressive-- still hides huge differences across regions. >> rose: imbalances. >> yeah. and there are parts of the world economy-- china, india, brazil, emerging markets in arab a ya, latin ameri

peter orszag has already taken off, now rahm emanuel. is this common place for this stage of a presidency or are we seeing something else here? >> i do think it's common place for this stage in a presidency, but you see the president getting out in front to send a message to the public, to independent voters to his base to say we are going to make changes with how we deal with policy but also how we communicate policy as well. and the president has to make an important course correction toward the midterm race and beyond that the beginning of his re-elect campaign and some of these key figures were the very best when he was running for president. >> let's talk about the governor's race, we have got meg whitman answering allegations that she hired an illegal immigrant as a housekeeper years ago, she denies them vehemently saying she knew nothing bit and she has now offered to take a lie detector test to prove her innocence. i can't remember the last time i heard something like that in a major campaign. >> it's kind of a sign of what's goi

princeton university and he's the lightest in a string of departures, including larry summers, peter orszag and christina romer. one of america's favorite tv moms have passed away. >> mom, can i have something to eat? >> i guess so. >> now, how did you rip that? >> watching the men dig a hole. >> barbara billingsly died, she had a rheumatoid disorder, and she was 94 years old. >> she set the bar so high for moms to come for generations and generations. >> that's exactly what it's like in my house. >> wink, wink. >> that's great. before we start and talk politics, who would have thought that california would have been a battle ground state. former governor sarah palin getting the crowd to its feet. no word with the house wives of orange county were there, but she was speaking to 2000 people and they were loving it, take a look. >> dance with someone else for right about now, but soon, soon, we'll all be dancing. we'll be celebrating because california will be put back on the right track, along with the rest of america. >> winning means that we secure our nation, we secure our free market. we

christina romer, larry summers, david axelrod is taking off, peter orszag has already taken off, now rahm emanuel. is this fairly common place more this stage of a presidency, or are we see something else here? >> i think it is fairly common for this stage of a presidency, but i think you see the president getting out in front of what could be a very difficult november in the midterm race to send a message, to independents, to republicans, to his own base saying, we are going to make some changes with how we deal with certain policy, but also how we communicate some policy as well. and the president will have need for some course correction as he makes that course correction towards the midterm race and beyond that, the beginning of his re-elect campaign. and some of these campaign figures were the once that were the very best when he was running for president. >> come with me out to california for a second. let's talk about the governor's race and drama. we've got meg whitman now answering allegations that she hired an illegal immigrant as a housekeeper some years ago. she denies th

peter orszag said, "no one wants to make an already staggering job market worse which is what would happenf the cuts expire as planned." you also have not proposed any cuts in taxes for other corporations even the corporate taxes in this country are the highest in the developed world. how will that create jobs for floridians? >> thank you for the question and thank you for monitoring of this debate. i am glad we are having this debate because it is about the future of this country and our state. i think it is important when you look at the stimulus that we need to let get a tool that sets the platform to stop us from going into a depression. when we look at tax cuts, the last debate, and for those of the he did not see it, mr. rubio and mr. crist stand side-by-side to make sure the special interests and the super wealthy get their tax cuts, even those who ship their jobs overseas. middle-class families under the income of $250,000 would have to pay $6,000 per year on that tax cut for those floridians or americans to get a tax cut. i am for middle-class tax cuts, the child credit, tax cuts