<p><object align="right" width="250" height="202"><param name="movie" value="http://www.eyeblast.tv/public/eyeblast.swf?v=ydkUuzkUQu&sm=1"></para... name="allowFullScreen" value="true"></param><embed src="http://www.eyeblast.tv/public/eyeblast.swf?v=ydkUuzkUQu&sm=1" allowfullscreen="true" align="right" width="250" height="202"></embed></object>Business and Media Institute's Dan Gainor appeared on Fox Business News "Money for Breakfast" March 17 to discuss the Obama economic team's performance in the administration's first 50 days. </p><p>Gainor dubbed Treasury Secretary Tim Geithner "the worst" because "when he came out and talked about the housing plan that he didn't have, the markets tanked." </p> <p>Ben Bernanke, Federal Reserve Chairman, earned a "B-minus," partly because "he showed his strength on Sunday" during a "60 Minutes" interview. Director of the White House's National Economic Council Larry Summers received a "C grade" for being "not great, not horrible."</p> <!--break--> <p>Gainor gave President Obama a "C-minus/D" because it "clearly took a long time for him to wake up and do what he had to do here. </p> <p>When pressed by Anchor Jenna Lee on the fairness of grading the team only 50 days into the administration, Gainor replied: </p> <blockquote><p>Well the market's giving them the grades. So I mean in that, we, we have to. The market dropped 20 percent in less than, less than these 50 days. It's rebounded some now, and that's great. I think we all love to see that. But you have to look at what he's been doing right now. One of the people I included in my grading was Gibbs, [Obama's] press secretary, who's been on a full-on P.R. offensive against anybody who has been questioning Obama whether it's the people on a competing network or whether its talk-show hosts or whatever. And I think that scares people and makes them think they're not taking this seriously.</p></blockquote>
BMI's Dan Gainor on Fox Business to Grade Obama's Economic Team Performance
By Colleen Raezler | March 17, 2009 | 6:00 PM EDT
Colleen Raezler
