She has long waged a battle within the administration for direct assistance to homeowners, rather than having stressed mortgage holders be the incidental beneficiaries of bailouts to bondholders and banks. Last week, she went public with her dissenting views, giving an interview to the Wall Street Journal. "[W]e're attacking it at the [financial] institution level as opposed to the borrower level, and it's the borrowers defaulting. That is what's causing the distress at the institution level," she said. "So why not tackle the borrower problem?"That's in line with what Obama has said about what the government needs to do next. SPENCER: Is she the sort of Treasury Secretary who'd urge using fiscal policy instead of just monetary policy as a tool to get us out of the crisis? That's the most econ-wonky question I can ask and I don't really know what it means. MEGAN: It means that instead of trying to manipulate the price of our currency to encourage exports or interest rates to encourage lending, she's try to spend money on stimulus or passing legislation that would restructure aspects of how we regulate or spend money in order to make longer-term economic changes. And, yes, I think she is. Certainly more than Summers. The question is whether this Administration or the Obama Administration can have the intellectual courage to suck it up, admit that there are some hard times a-comin', and rather than continuing to throw money at the problem in the futile hopes of staving off the worst of the collapse, will take measures to help the eventual recovery and prevent the next one. There's a real political risk to long-term policy investments when they might have to come at the expense of short-term political capital or gains. But, as I said, I'm sick of squishes. It's 2 years until the next election, someone should "run around yelling 'Fuck you!'" besides Joe Scarborough. SPENCER: I want to give Calderone the link on that, since me, him and another friend are taking a bro-trip to New Orleans on Friday. Also, before you drive back to DC, drive to the Flatbush junction — south on Flatbush Ave till it connects with Nostrand — for a beef patty at Golden Krust. That's BKLYN. MEGAN: Will it last 4 hours? I can bring you one. SPENCER: Oh fuck yes.