When one side of the bargaining table has the legal right to waveamagicwand and make the other side of the discussion completely disappear, it is hardly a scenario for a fair negotiation.
Of course, like many organisations, it will have growing pains and management issues and communication issues but it is an organisation that has 194 countries subscribing to it, so we can't just waveamagicwand and change things.
And to suggest to Americans that there is some other way, that you can waveamagicwand and cut oil prices and cut gas prices, is simply not treating the American people with the kind of respect they deserve -- because they know better.
And if somebody is going to promise that they can waveamagicwand or sprinkle the pixie dust or plant the beans in the right place so that we can get out of this problem, they're just not being straight with you and they're not being straight with the American people.
Speaking on his weekly phone-in on LBC's 97.3 FM, he said ministers could not "wave amagicwand" but they had taken "the most reasonable steps" possible at a time when there was little money around, continuing instability in the eurozone and the UK economy was still recovering from the legacy of the 2008 financial crisis.
Keeping the masses believing that some guy in Washington sets interest rates with awave of his magicwand only works if all the co-conspirators play along.