Is anyone sad to see Larry Summers withdraw his name for Fed chairman? [View all]

[yurbud]

Given his advocacy for bank deregulation not just for the US but every other country in the world during the Clinton years, and his strong arming of Brooksley Born, an financial regulator who was actually trying to enforce the fews laws and regs that remained, it is hard to think of someone worse for the job.

Larry Summers was a slug in the garden of our battered democracy, and I for one am glad that he salted himself and melt his own political career.

But I'm curious what the defense is that could possibly have been given for him in the corridors of power, other than that he did exactly what Wall Street bankers told him to do.

Can someone make the case that bank deregulation was GOOD for the US and the world?

Or that intimidating a regulator from doing their jobs was somehow GOOD for America and the world?

Are you sad to see Jabba the Summers go?

16 votes, 0 passes | Time left: Unlimited
	NO--thanks Larry for lancing the corrupt boil that you are on the body politic
	16 (100%)
	YES--Larry made key contributions in the Clinton years and during the Obama admin
	0 (0%)
	OTHER
	0 (0%)
	0 DU members did not wish to select any of the options provided.
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