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Detailed text transcripts for TV channel - CNN - 20100627:14:29:00

Recognizing he s the president, act with force, act with fortitude, dictate the outcome he wants and act that way. but eliot says is absolutely critical. it s not just trust. i think there is almost like a reverence that the president has for authority. a reverence for establishments. the wall street establishment, the military establishment, the bp establishment. you know, even his own admiral in charge of the bp oil spill. a few weeks ago said that i trust what tony hayward is telling me. he actually used those words. so that is really very fundamental problem that is affecting his whole presidency. david brooks column in the times, he says so imagine this dream scenario where liberals get, you know, a liberal democratic president who does an $800 billion stimulus plan. then he gives universal health care to americans. then he decides to bash wall street and still it s not enough. liberals are dismayed. they re angry. they are abandoning him. i think honestly this whole ....

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Detailed text transcripts for TV channel - CNN - 20100627:17:28:00

General. before the mcchrystal moment in which he has reasserted presidential authority, it seemed under a shadow. was that fair? you ve been a chief executive. this is an accident. you know, you can t plug the hole using the federal government. how should how do you think obama did on the bp oil spill? look. let s accept as a given he s been dealt a very bad hand of cards to play. one thing on top of the next. from the economy to bp being the last example of that. he did not appear to challenge bp at the very first moment. he trusts people too much. he trusted wall street. he trusted the republicans to engage in a meaningful way. he trusted bp. he s zero for three. he should understand that language, as beautiful as it is, does not persuade people to do things contrary to their interest. and time and time again, he has believed he would bring people in to work with him instead of recognizing he s the president, act with force, act with fortitude, dictate the outcome ....

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