Summary

Robert Gibbs Press Briefing by Press Secretary Robert Gibbs…

Major, I think the President strongly believes that the only way that the American people are going to support what the President and the Congress are trying to do is if the President and the Congress are frank and honest with the American people about where we are.
I think it's kind of hard to sugarcoat and spin an economy that shrank at a faster rate in any quarter except -- or since 1982; or that consumer spending was down, and that drives normally two-thirds of our economy; or housing sales of new homes are at their worst since the 1960s.
Source: Wikisource

Robert Gibbs Press Briefing by Press Secretary Robert Gibbs…

Nobody begrudges people that are successful and make money, somebody who's running a very successful company that's making its shareholders money and serving the American people responsibly. Nobody would begrudge that happening. But when the sixth largest year of bonuses fails in any appreciable way to match the huge losses, I think "outrageous" is probably just the beginning of words one might be able to intone, particularly if they're on TV.
[REPORTER] : So it's fair to assume he wants some sort of action by Congress -- an act of Congress to do something?
Source: Wikisource

Robert Gibbs Press Briefing by Press Secretary Robert Gibbs…

More and more people in Europe are demanding financial stability in the United States. Is the President considering a conference of global solution to this crisis?
GIBBS: Well, as I said yesterday -- and I know the G20 is going to meet in April -- that unless or until we all act in some ways to address the problems that each of us has -- not through some global solution, but each of us working together -- that unless or until we do that, you're going to see a solution only have a partial impact on the health of the global economy.
Source: Wikisource

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