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View Diary: Despite his ruinous misjudgments, Larry Summers still thinks he's the smartest guy in the room (66 comments)

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  •  To all you Summers-Haters: (2+ / 0-)
    Recommended by:
    raboof, mollyd

    If Summers is so bad (for the working class / 99%), then why did Obama pick Summers for his WH Economic Team?

    Next thing you know, people on this site will be criticizing Jack Lew (who prior to being Obama's Treasury Sec pick, made a fortune betting that Americans would be foreclosed on).

    Waking Up Yet?

    I think it's time we all engage in an email campaign and tell Obama we demand:  More And Better Banksters!

    The excuses for Obama's behavior have long since passed the point of predictability neccessary to qualify as an absurd production of Kabuki Theater.

    by Johnathan Ivan on Wed Jul 24, 2013 at 04:12:35 PM PDT

    •  I wondered why Summers from the start. (0+ / 0-)

      And thus were the first seeds of doubt sown.  Five years later and Obama is still trying to steer people back to the economy.

      Re: Summers/Brooksley Born: I agree.

      Bastion of the working class, Bernie Sanders, voted against Jacob Lew, so I have to figure he has more information than I have.  There is a lot of history on Summers and other than agreement that he is a smart man, he is a lousy pick for this job.

      I don't think it's a break-the-glass ceiling moment, especially if Yellen has the same beliefs as Summers.  The papers, other than Bloomberg from several months ago, are not putting many names forward.

      No more Clintons and their kind near or in the White House.

      "No, I opposed one war. That was enough for me. I am now perpetually in favor of war, pestilence and famine." Justin Butterfield, 1848

      by nancybehr on Wed Jul 24, 2013 at 04:45:06 PM PDT

      [ Parent ]

      •  Five Years Later: (0+ / 0-)
        Five years later and Obama is still trying to steer people back to the economy.
        The only steering on the economy Obama is doing is steering pro-1% policies.

        Free Trade w/ Columbia, Panama, S. Korea?

        Trans Pacific Partnership?

        Anti-Social Program Deficit Commission?

        Banksters as Chief of Staff?

        Publicly Praising Banksters?

        Etc....

        By this point it is very obvious who Obama - and the Democratic Party as a whole - represent.

        And it isn't the 99%.

        The excuses for Obama's behavior have long since passed the point of predictability neccessary to qualify as an absurd production of Kabuki Theater.

        by Johnathan Ivan on Fri Jul 26, 2013 at 07:41:20 PM PDT

        [ Parent ]

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