The Big Picture (Free subscription) | 11/24/2009
How can you not find some appreciation for a blog that is devoted to helping a man spend more time with his loved ones? Economists for Firing Larry Summers: This blog is devoted to seeing to it that Larry Summers gets to spend more time with his family. -Thorstein Veblen Brilliant! Here’s a quick excerpt: This from Vanity Fair: Summers has plenty [...]
Institutional Financial Derivatives (Free subscription) | 11/22/2009
The Drudge Report Months after Lyndon LaRouche denounced the behaviorist economists in the Obama Administration during his April 11 webcast, U.S. House Rep. Peter DeFazio (D-OR), speaking on MSNBC's The Ed Show, told host Ed Schultz that both Secretary of the Treasury Timothy Geithner and White House economic policy director Larry Summers should be replaced. DeFazio said: "We may...
ChattahBox (Free subscription) | 11/19/2009
(ChattahBox)–Rep. Peter DeFazio (D-OR), a leading member of the Congressional Progressive Caucus is not impressed with the Wall Street backgrounds of Treasury Secretary Tim Geithner and White House economic policy director Larry Summers. Citing massive federal bailout giveaways to insurance giant AIG and Goldman Sachs, DeFazio is calling on President Obama to fire the two [...]
Streetsblog Capitol Hill (Free subscription) | 11/19/2009
... (D-MN) quipped that "folks in the economic gang at the White House" -- think economic adviser Larry Summers -- "never had a shovel in their hands or a callus on their fingers. And Rep. Pete DeFazio (D-OR), who said in January that Summers "hates infrastructure," offered another no-holds-barred take last night. In an interview with MSNBC's Ed Schultz (viewable above), DeFazio...
AMERICAblog (Free subscription) | 11/19/2009
The news never gets better when it comes to Larry Summers or Timmy Geithner. It's always about another TARP fiasco or whatever Wall Street wants. We're well past the point where Wall Street deserves one more cent. The call for change was missed with this duo as they continue the same old policies that we've witnessed for well over a decade. Yes, the policies that got us into this crisis...
BlueOregon (Free subscription) | 11/19/2009
... people back to work," said DeFazio. "Unfortunately, the President has an adviser from Wall Street, Larry Summers, and a Treasury Secretary from Wall Street, Timmy Geithner, who don't like that idea," he added. "They want to keep the TARP money either to continue to bail out Wall Street...or to pay down the deficit. That's absurd." ... "[Obama] is being failed by his economic team,"...
The Mess That Greenspan Made (Free subscription) | 11/19/2009
Rep. Peter DeFazio (D-Oregon) has a few choice words for Goldman Sachs and suggests the nation might be better off with two more job losses - Larry Summers and Tim Geithner. With all the criticism of the Federal Reserve lately, if Ben Bernanke happened to hear DeFazio talk, he would probably have been quite pleased not to hear his name mentioned.
Firedoglake (Free subscription) | 11/19/2009
Peter DeFazio, a Democrat from Oregon and one of the chairs of the Populist Caucus in the House, just called for the firing of Timothy Geithner and Larry Summers, saying that Barack Obama's economic team is failing him. He said that there's a "growing sense" in the caucus that a new economic team committed to jobs and American workers is needed to replace the one primarily concerned...
Raw Story (Free subscription) | 11/19/2009
'We may have to sacrifice just two more jobs to get millions back for Americans' President Barack Obama "is being failed by his economic team" and should replace Treasury Secretary Tim Geithner and White House economic policy director Larry Summers, says US House Rep. Peter DeFazio. The prominent member of the Congressional Progressive Caucus told MSNBC's [...]
The Huffington Post (Free subscription) | yesterday
... occasions. Donohue met twice with the president, twice with his chief economic consultant, Larry Summers and three times with his business liaison, Valerie Jarrett. The Chamber has since found itself embroiled in a bitter fight with the administration on health care policy and regulatory reform; none of the visits were after June. Donohue wasn't the only frequent invitee from the...
The Mess That Greenspan Made (Free subscription) | yesterday
Skip to about the 7:45 mark to hear Rick Santelli say, "Central banks have to be petrified about gold going to $2,000! Didn't Larry Summers write a paper saying that central banks have to keep a lid on the price of gold for obvious reasons?" It keeps getting more and more interesting with nary a hint of the gold price faltering.
NewsBusters (Free subscription) | yesterday
... sent those people to Siberia and he got on a phone to Bob Rubin and Geithner and the rest of - and Larry Summers and these other crooks, and it's business as usual. He's Jimmy Carter stupid, in the words of [Imus Show producer] Bernard McGuirk." And Imus reiterated his point about Obama's associates - not the radicals like Van Jones or John Holdren often talked about by mainstream...
The Neighborhood Retail Alliance (Free subscription) | 11/24/2009
... mate -or at least one of a cohort of Illuminati that the Obami are joined with at the hip-to wit, Larry Summers and Tim Geithner . This is all brilliantly captured by Michael Lind at Salon. Here's the devastating money quote: " The financial industry is now to the Obama Democrats what the AFL - CIO was to the Roosevelt-to-Johnson Democrats. It is touching to watch progressives...
2008 Democratic Convention Watch (Free subscription) | 11/24/2009
... Thing is, GM didn't actually give back any money. The financial types knew this, Tim Geithner and Larry Summers knew it, but it got buried because the MSM financial press either knew and it didn't suit their purposes, or they didn't look carefully enough at the numbers. Here it is: Moreover, G.M. is not, in the strictest sense, paying back taxpayers at all. Rather, it is refunding...
MyDD (Free subscription) | 11/24/2009
... in 26 years, after 22 straight months of job losses, doesn't seem to have quickened the pulse of Larry Summers and Tim Geithner. And it's not like the levees haven't begun to crack, with the real unemployment rate -- factoring in discouraged and partially employed workers -- at 17.5 percent, the unemployment rate for workers aged 16 to 24 at 19 percent, and the unemployment rate for...
