Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
In reply to the discussion: The "end game" memo from Larry Summers. [View all]Divernan
(15,480 posts)21. The valid, overwhelming objections to Summers have been laid out for Obama for MONTHS
And yet Obama continues to push for Summers for this post. Summers has just canceled all his Citibank involvements in anticipation of the announcement of the choice for Fed. Reserve Chairman.
You are in denial on this matter, plain and simple. You've watched Obama appoint more and more Wall Street insiders, while insisting Obama is looking out for the working people. Meanwhile the stock market soars and Big Bank profits and executive bonuses are at all time record highs.......while working family incomes have dropped 4.4 percent.
Here are some of the comments from Huff Post - they reflect my opinion:
Deals have been made and Promises must be kept, Obama will be one of the wealthiest Ex-Presidents of all time! Oh, and sorry if you thought I was talking about promises to the American people..
This is the kind of choices that doesn't distinguish the Dems from the Reps. They have grown closer together in every way and use topics like gay marriage and abortion to distract the public from seeing how these fabricated topics only camouflage their very real similarities.
Why is Summers still in this list of maybes? We've clearly, over and over again, voiced our desires that he not even be considered for the position? Is this a test by O and the New York Media to see how long it will take for everyone who's spoken with a resounding NO to SUMMERS, to finally give up and give in? If it is, the answer is still HECK NO to Summers. He is not qualified ethically or intellectually(in my opinion) to do this job. He is not what or whom US citizens want in this role. He is not the right choice. PERIOD. How many more times must we speak out on this? Get it over with, Mr. President. Make a decision now!
Mr. Summers can run but he can't hide from his past economic failures. His history is a constant line of failing up. Why Mr. Obama can't bring himself to stop this unending career arc is beyond me. President Obama is possibly the only person in this country that thinks Mr. Summers gave him great advice on economic policy during his first term
Favorite (2) Flag as Abusive
Permalink | Share it
Edit history
Please sign in to view edit histories.
Recommendations
0 members have recommended this reply (displayed in chronological order):
54 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
The valid, overwhelming objections to Summers have been laid out for Obama for MONTHS
Divernan
Sep 2013
#21
I read that and I agree. But I think that Summers did that because he wants the job.
Autumn
Sep 2013
#32
I remember he called them fat-cat bankers once, right before letting them off the hook
magical thyme
Sep 2013
#42
Those three years are the whole point - time to exploit the US for the benefit of the one percent
Divernan
Sep 2013
#22
What would happen? They wouldn't make him a multi-millionaire after the election.
magical thyme
Sep 2013
#43
Seeing how they have most of the money and all the big guns, it seems that way...
Octafish
Sep 2013
#36
Don't let the snap in Greg Palast's writing style throw you off. He researches
JDPriestly
Sep 2013
#37
The Citigroup Plutonomy Memos: Two bombshell documents that Citigroup's lawyers try to suppress
malaise
Sep 2013
#10
No need to wonder what all the WTO protestors from the past were protesting about.
L0oniX
Sep 2013
#28
Thanks, trumad. We should expel these creeps from our country forever and confiscate
Zorra
Sep 2013
#16
There is no stopping this. No wonder Obama's NSA is spying upon all of us.
AnotherMcIntosh
Sep 2013
#23
Good read and I believe it ...inspite of Greg Palast being thrown under the bus here at DU.
L0oniX
Sep 2013
#26
So Summers talks to bank CEOs about international negotiations about banking
muriel_volestrangler
Sep 2013
#27
Bookmarked. Really important must-read for ALL Americans (not just DU) nt
riderinthestorm
Sep 2013
#46