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MBS

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44. Yves Smith (Alternet) nails Summers

Wed Jul 31, 2013, 09:12 PM

Jul 2013

http://www.alternet.org/economy/larry-summers-federal-reserve

The headline says it all:

Why Larry Summers Shouldn't Be Permitted to Run a Dog Pound, Much Less the Federal Reserve
From his bank-centric policies to terrible leadership and sexism, Summers has nothing good to offer the country.

The main message:

The big problem with Summers is not his record on deregulation (although that’s bad enough) or his foot-in-mouth remarks about women in math, or for suggesting that African countries would make for good toxic waste dumps. No, it’s his appalling record the one time he was in a leadership position, as president of Harvard. Summers was unquestionably the worst leader in Harvard’s history.

More details at the url.

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Highlight:

Larry Summers Gets 'Full-Throated Defense' From Obama In Capitol Hill Meeting, Lawmaker Says [View all] Beacool Jul 2013 OP

And people ask me why I continue to lose respect Kelvin Mace Jul 2013 #1

+1,000--and giving some of them jobs! AndyA Jul 2013 #17

Indeed. Who can possibly defend Summers? Only a dem, only a dem. If a pub did it, we'd Nay Jul 2013 #26

BINGO! Why would the Bush Crime Family, who stole office 5-4, want to take a chance with prison? Octafish Sep 2013 #74

Why would this be any different? Marrah_G Jul 2013 #2

Tisck Tisck Crow73 Jul 2013 #24

lol yeah Marrah_G Jul 2013 #35

heh SammyWinstonJack Aug 2013 #51

It's all by design. Fantastic Anarchist Jul 2013 #3

He thinks progressives are not being fair to Summers. Beacool Jul 2013 #6

What do you expect from us Professional Leftists? Fantastic Anarchist Jul 2013 #8

Except around election time........ Beacool Jul 2013 #10

Exactly. And then it's, "Next time it'll be better!" Fantastic Anarchist Jul 2013 #13

To be fair, that applies to most politicians. Beacool Jul 2013 #16

Not Joe Crow73 Jul 2013 #25

Biden did no such thing. former9thward Jul 2013 #33

So the President lied when he said that Biden had gotten "a little out over his skis" . . . markpkessinger Jul 2013 #46

I don't use the word "lie" when it comes to politics. former9thward Aug 2013 #57

Somebody's bound to bring up ACA here. Jackpine Radical Jul 2013 #7

Oh, I already know their apologetics about the ACA. Fantastic Anarchist Jul 2013 #11

It was also hatched by the Democrats in the Massachusetts legislature which was 85% Democratic. pampango Aug 2013 #52

Yep. joshcryer Aug 2013 #53

Am I wrong in wondering about Obama's retirement plan? AnotherMcIntosh Jul 2013 #4

Quite robust with anticipated Board appointments/book deals/speaking engagements. Divernan Jul 2013 #32

Nope. jsr Sep 2013 #78

Summers is not the man for this moment. JDPriestly Jul 2013 #5

Anonymous source = BS. Frankly, it is possible that Obama defended Summers. Mass Jul 2013 #9

I don't know Summers in person, Beacool Jul 2013 #12

And the quote you posted are not the words Obama said,but a paraphrase Mass Jul 2013 #14

Representative Gerald E. Connolly, Democrat of Virginia deurbano Jul 2013 #18

Including that quote would have reduced the outrage effect. JoePhilly Jul 2013 #23

Here's a link to an article about it from today's NY Times . . . markpkessinger Jul 2013 #47

Definitively. It is a named source. I despise unnamed sources. Those are cowards. Mass Aug 2013 #62

More like DEEP THROATED :P grahamhgreen Jul 2013 #15

There's not a Wall Street scumbag out there Barack won't shill for. Skeeter Barnes Jul 2013 #19

+1000 forestpath Jul 2013 #29

A Summers selection would be pathetic. n/t NRaleighLiberal Jul 2013 #20

Just wanted to comment on those tomatoes, they look beautiful. Beacool Jul 2013 #22

DLC DINOS hang together lark Jul 2013 #21

'Course President Obama offered a defense of Summers, he picked him didn't he? truebluegreen Jul 2013 #27

NOT good news. eppur_se_muova Jul 2013 #28

Stop being mean to my friend! Arctic Dave Jul 2013 #30

I had such great hope and UglyGreed Jul 2013 #31

K & R. And meanwhile, Nancy Pelosi cannot come out and endorse Yellen. truedelphi Jul 2013 #34

This is the President I voted for, twice!!! Major Hogwash Jul 2013 #36

I would be very, very, very, very. veru depressed MBS Jul 2013 #37

This.............. Beacool Jul 2013 #41

the senate should give a full throated NO. nt/ alp227 Jul 2013 #38

Ans Bush's fourth term continues PSPS Jul 2013 #39

Why is President Obama in love with Larry? Owl Jul 2013 #40

Larry Summers IS a bad choice. roamer65 Jul 2013 #42

i`m sure he will unless.... madrchsod Jul 2013 #43

Yves Smith (Alternet) nails Summers MBS Jul 2013 #44

The part about Harvard is definitely true. He was a terrible president. Beacool Aug 2013 #58

Here's hoping that "full-throated defense" = "heckuva job". n/t winter is coming Jul 2013 #45

No change, blkmusclmachine Jul 2013 #48

Did Obama give a substantive defense of him? yurbud Aug 2013 #49

Pathetic. Waiting For Everyman Aug 2013 #50

Waiting For Everyman, you are Carolina Sep 2013 #72

Thanks Ed! librechik Aug 2013 #54

I'm sure he's a nice person, Mr. President, Arkana Aug 2013 #55

Summers: Wall Street deregulator, Glass-Steagall destroyer, Citigroup Plutonomy member. Misogynist Fire Walk With Me Aug 2013 #56

Add Global warming Denier, Pro-Polluters to that list srican69 Aug 2013 #61

There are ways of making the case against Summers without being assholes about it Yavin4 Aug 2013 #59

And his character is Carolina Sep 2013 #73

�As he has aged, he has grown less troubled by being uninformed,� jakeXT Aug 2013 #60

Yeah, the perfect guy to put in charge of the US economy. Beacool Aug 2013 #63

Another article on Summers. Beacool Aug 2013 #64

yup. MBS Aug 2013 #65

There's more. Beacool Aug 2013 #66

This post alone should raise eyebrows as to how Democrats and progressive liberals are perceived.nt adirondacker Aug 2013 #67

I think that progressives are being treated like useful idiots. Beacool Aug 2013 #68

I expected to be dissappointed with this adminstration's "pragmatism", but it's adirondacker Aug 2013 #69

Sorry. Yellin's not the right man for the job. nt MannyGoldstein Sep 2013 #76

kick woo me with science Sep 2013 #70

kick woo me with science Sep 2013 #71

Thank you for the k&r. Beacool Sep 2013 #75

For someone who is as full of shit as Larry Summers it's very hard not to talk shit about him. Lint Head Sep 2013 #77