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Larry Summers Has A Lot Of Goddamned Gall !!!

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WillyT Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-18-11 02:33 PM
Original message
Larry Summers Has A Lot Of Goddamned Gall !!!
Larry Summers on Obama: “Clinton Would Never Have Made These Mistakes”
By: Blue Texan - FDL
Sunday September 18, 2011 11:50 am


Pictured: he doesn't think all that
financial deregulation in the 1990s
was a mistake.


Ron Suskind’s new book is getting some attention for the gossipy tidbits it uncovers, like this one: http://www.washingtonpost.com/politics/book-portrays-dysfunction-in-obama-white-house/2011/09/16/gIQAdxloYK_story_1.html

According to the book, Summers sought to derail Obama’s push on several policies, including a financial transactions tax.

At one point, Orszag delivered a private report to the president, at his request, about what might happen if the government did not act to rein in the long-term federal budget deficit. Summers was outraged that Orszag would communicate with the president without going through the National Economic Council. “What you’ve done is immoral!” Summers shouted.

Orszag told Suskind, according to the book: “Larry just didn’t think the president knew what he was deciding.”

Meeting over dinner at the Bombay Club one night, Summers told Orszag that “we’re really home alone,” according to the book. “I mean it,” Summers said. “We’re home alone. There’s no adult in charge. Clinton would never have made these mistakes.


More: http://firedoglake.com/2011/09/18/larry-summers-on-obama-clinton-would-never-have-made-these-mistakes/

:mad:

:nuke:
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girl gone mad Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-18-11 02:35 PM
Response to Original message
1. One of Obama's biggest mistakes was appointing Summers.
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Honeycombe8 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-18-11 02:39 PM
Response to Reply #1
2. 2nd this. Big time. nt
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leveymg Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-18-11 02:43 PM
Response to Reply #1
3. a mistake made enormously more costly by appointing Geithner.
The policies of no reform pushed by these two have been a disaster guaranteeing no possibility of recovery. As a result, the US will be a declining power into the 22nd century.
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elleng Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-18-11 02:44 PM
Response to Reply #1
4. Right. Harvard's, too.
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bvar22 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-19-11 11:45 AM
Response to Reply #1
12. One of a big pack of bad appointments.

The DLC New Team
Liberal Democrats Need NOT Apply

(Screen Capped from the DLC Website)
http://www.dlc.org/ndol_ci.cfm?contentid=254886&kaid=86&subid=85

Its almost like Obama owed them or something.



You will know them by their WORKS,
not by their promises.

Solidarity!
--------------------------------------------------------------------------------------------------------------------------------

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NRaleighLiberal Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-18-11 02:45 PM
Response to Original message
5. "with friends like these who needs...." and all that! n/t
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Safetykitten Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-18-11 02:51 PM
Response to Original message
6. Our pals!
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Demeter Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-18-11 03:14 PM
Response to Original message
7. They All Do--Just in Different Areas and Flavors
Summers is outstanding in his field, though.
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madrchsod Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-18-11 03:20 PM
Response to Original message
8. hiring the bank robber to be the bank guard......
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BeyondGeography Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-18-11 03:41 PM
Response to Original message
9. As if adult supervision has ever made a difference with Summers
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-18-11 04:44 PM
Response to Original message
10. That SOB should never have been anywhere near our government
and the same goes for Geithner.

Those boys know how to rig the old system so the rich get richer. They have absolutely no idea to do now that the rigged system is falling apart.

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DCKit Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-19-11 10:16 AM
Response to Original message
11. What y'all said, and then some.
Wolf in sheep's clothing, fox in the henhouse and all that.
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