February 10th, 2009
09:01 AM ET
9 years ago

Gibbs talks TARP and Bipartisanship

Despite the tough talk President Obama aimed at some GOP critics of his stimulus plan Monday night, Gibbs gave a nod to bipartisanship in advance of the president’s second stimulus-themed event of the week.

Despite the tough talk President Obama aimed at some GOP critics of his stimulus plan Monday night, Gibbs gave a nod to bipartisanship in advance of the president’s second stimulus-themed event of the week.

WHITE HOUSE (CNN) – White House Press Secretary Robert Gibbs told CNN White House correspondent Suzanne Malveaux Tuesday that the administration was planning to provide additional incentives for banks that receive TARP money to start lending more.

“We’re going to work with banks and provide incentives to ensure that the money that they get from the federal government gets lended (sic) to small businesses and families that are in desperate need of it,” Gibbs said. “The [Treasury] Secretary believes that the best way to do this is through a public-private partnership that will get that money out there as quickly as possible.”

Despite the tough talk President Obama aimed at some GOP critics of his stimulus plan Monday night, Gibbs gave a nod to bipartisanship in advance of the president’s second stimulus-themed event of the week, taking place in traditionally-Republican Fort Myers, Florida. “Democrats and Republicans, we can get something done that will help the lives of the American people,” Gibbs said.

Filed under: President Obama • Robert Gibbs
soundoff (27 Responses)
  1. Matthew, Detroit

    STOP spending money. We are never going to get out from under this debt. Let the companies fail and let the natural climate solve this. Creating more entitlement programs is not going to help us. Create another 20 year study on shrimp. Great spending programs.

    February 10, 2009 10:50 am at 10:50 am |
  2. Scott, Tucson

    How about telling the BANKS to reduce their loan shark interest charges on their credit cards for starters.

    February 10, 2009 10:52 am at 10:52 am |
  3. JJ12345

    Gibbs is the best they could find to be press secretary? They need to look for someone else.

    February 10, 2009 10:53 am at 10:53 am |
  4. Had It

    We're all watching like hawks.

    It's gonna take a few months – but we'll still be watching with every vote in the House and Senate.

    Time for more house-cleaning next year (2010) – who will we sweep out the door?

    February 10, 2009 10:54 am at 10:54 am |
  5. Bob in Pa

    Forego 50% of my taxes for the next three years.
    For that, I pledge to do the following;
    Paydown some debt, buy a fuel efficient GM or Ford car, and I'll even look for teh Union label.

    February 10, 2009 10:57 am at 10:57 am |
  6. karen-Phoenix

    I hope EVERY American watched last nights press conference!!! President Obama is the MOST humble president we have had in my lifetime(I'm 64) and if the republicans don't get on board it will be the END of the republican party! They are doing nothing but trying to sabatoge President Obama for their own political gain and NOW the whole country knows it!!! AND I USED to be a republican and ashamed of it!!!

    February 10, 2009 10:57 am at 10:57 am |
  7. demwit

    3 republicans! Obama's idea of bipartisanship... What leadership!!

    February 10, 2009 10:59 am at 10:59 am |
  8. LIP

    Yeah right.
    Just like Obama talked bipartisinship and then proceeded to blame everything on failed policies of the previous eight year Bush administtration.
    I would lke to remind him that the Democrats controlled congress the last two years of the last eight and Barney Frank, Chris Dodd, Nancy Pelosi and Harry Reid conspired to make it impossible for the Bush administration to do anything. Lets also not forget that Globilization from the late 80's and NAFTA from Clinton started this snowball rolling downhill. Lets also remember that this is not isolated to the US, this is a world problem. As long as we are talking about problems, lets also not forget that it was the Arabs that choked off the supply of oil that drove up prices for all things that come from oil, to include our clothing, toys, electronics, gas and the list goes on and on. You can't run a world economy when this happens...thank you very much to the oil cartel. If we don't fix this problem, the world economy will continue to collapse.

    February 10, 2009 11:05 am at 11:05 am |
  9. Zack Greenham


    February 10, 2009 11:06 am at 11:06 am |
  10. southerncousin

    Seems like the definition of bipartisanship has slipped quite a bit. It used to mean working together for the common good. If you read these pages, it is nothing but derogatory remarks about the republicans.

    February 10, 2009 11:10 am at 11:10 am |
  11. MICK in MESA

    "Repuglicon partisian" is an oxymoron. All they understand is the idiot-ology of "No".

    Americans now realize that to the plantation repugs in both houses "trickle down" economics is really a leaking Depends adult diaper for old gezzers with bladder control problems...

    February 10, 2009 11:10 am at 11:10 am |
  12. Roy Gresham

    You people are just plain socialists/Marxists and are too stupid to even realize it. Citizens who take federal money will be owned by the government. Don't you even care?

    February 10, 2009 11:12 am at 11:12 am |
  13. Beverly, NYC

    Forget the Republicans they are not interested in helping Americans. They have jobs, lobbyist junkets, tax payer health care, more homes than they can count, and Halliburton and blackwater money coming in. What incentive do they have to change the status quo, their lives are just fine. I would like to force John McCain and Lindsay Graham to live at the poverty line for one month and see what they think. However, this Democrat would like to thank the 3 brave Republicans who put their country first and voted for the stimulus. Thanks for working to change America.

    February 10, 2009 11:13 am at 11:13 am |
  14. REG in AZ

    The Republicans don't want bipartisanship. As an ex-Republican-never-a-Democrat-now-Independent I see the Republican Party as having become totally disgusting and downright scary. At first I thought Bush, Cheney, Rove, Rice and a few others represented just a limited segment of the party with their irresponsible, self-serving sociopathic mentality. Today the reality is that the majority of the Party, those who strongly and stubbornly backed and supported Bush-Cheney and who now are just as arrogantly focused on faulting and blocking all efforts to resolve our current drastic problems, are at fault and are the cancer within. To fail to recognize and identify their unified and coordinated efforts to offer only deceptive rhetoric as they concentrate on playing politics for their own gain (obstructionists), being without any sincere conscience for their responsibilities, is to be naïve and gullible or vulnerably blinded by misplaced loyalty. The real problem is that they have clearly demonstrated they think their own best interests are in concentrating on serving the few and disregarding the many, giving the majority only subterfuge without any real concern for the problems and that obviously is very costly for this country and for most Americans. After the neglect, irresponsibility and even criminal behavior of the last eight years, which the Party diligently supported, having been totally focused on benefiting Special Interests and a select few who returned overt and covert support, contributions and even promises for after-office (kickback) compensation, you may think that, because of all of the extensive problems that generated, the Republican Party would now be humbled and concerned with turning their act around – not so, in fact they are as bold as ever, and that is just totally scary!

    February 10, 2009 11:17 am at 11:17 am |
  15. Eyes of Texas are Upon You

    Where on earth did Nobama dig up Gibbs? He is about the most inept spokespeson I've ever heard, other than Biden, of course!

    February 10, 2009 11:26 am at 11:26 am |
  16. Evan Caruthers

    Gibbs, you seem like a nice man with no special politics of your own. But, aren't you smart enough to see that you are now a mouthpiece for a person who will destroy our country from within? Is this what you want?

    February 10, 2009 11:38 am at 11:38 am |
  17. obama all the way

    don't give the banks any more money to hide or give their selves bonouses, give it to the people, then they can pay their morgages, and that in time will help the greedy banks.

    February 10, 2009 11:59 am at 11:59 am |
  18. RLE

    Evan what an idiot you are do you think these problems came about overnight? no they came about because of idiots like yourself allowed the former admin and the gops rob the american people blindly without a gun and people like you don't get it. I have a solution for you why don't you move to another country???

    February 10, 2009 12:16 pm at 12:16 pm |
  19. Dan, TX

    Evan Caruthers don't you see you are a mouthpiece for ignorant people like Sean Hannity and Rush Limbaugh? Those people don't care about America, they care about money, money for themselves. That's it. Don't you see that?

    February 10, 2009 12:27 pm at 12:27 pm |
  20. Larry Houston Texas

    Here you go again Evan Caruthers......spouting off your sewer mouth again ! Have you got anything good to say about anyone ?
    (other than the ones that got us to this point in the first place)

    February 10, 2009 12:35 pm at 12:35 pm |
  21. Francey Parnell

    I applaud the outstanding job our new President is doing so far along with those in his administration. They have been handled the toughest of jobs, a financial quagmire, and it seems to me the Republicans could do more in the way of support than they have had.

    February 10, 2009 12:40 pm at 12:40 pm |
  22. Carole

    America will never be destroyed the only thing that will be destroyed

    is the people. America sat around for 8 years and watched the

    mouthpiece that just left office destroy our country. The mouthpiece

    that you are talking about has just arrived 22 days ago, hello, get

    a grip Caruthers. Stop throwing mud and start cleaning up and

    be blessed.

    February 10, 2009 12:42 pm at 12:42 pm |
  23. United

    Does bipartisan opposition count?

    February 10, 2009 01:38 pm at 1:38 pm |
  24. Jay

    I'm just glad to see him get rid of the purple tie... Gibbs that is!

    February 10, 2009 01:46 pm at 1:46 pm |
  25. J

    We`ve had it the Republican way the last 8 years. ---- I feel kinda like the hunter who climbed the tree to shake a racoon out the top of the tree. When the racoon attacked him, he shouted down to his hunting buddies to "SHOOT UP HERE". His buddies on the ground said " BUT WE MAY HIT YOU" He responded, " SHOOT ANYWAY – ONE OF US HAS TO HAVE SOME RELIEF". ---– That`s me.

    February 10, 2009 01:51 pm at 1:51 pm |
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