Larry Summers Out

Discussion in 'Politics' started by The Rabbi, Sep 21, 2010.

  1. The Rabbi
    Offline

    The Rabbi Diamond Member

    Joined:
    Sep 16, 2009
    Messages:
    67,620
    Thanks Received:
    7,821
    Trophy Points:
    1,840
    Location:
    Nashville
    Ratings:
    +18,215
    And so it begins.
    Romer is gone. Orszag is gone. Now Summers is gone. The President's economic team is slowly drifting away, ahead of the tidal wave coming in Nov. You can smell the failure and desperation of this administration, the least competent in history.
    Sadly they will be replaced by people even less competent than they are (Austan Goolsby) because Obama is a weak leader who surrounds himself with Yes-men.
    White House adviser Summers stepping down - Yahoo! News
     
  2. CrusaderFrank
    Offline

    CrusaderFrank Diamond Member

    Joined:
    May 20, 2009
    Messages:
    81,248
    Thanks Received:
    14,915
    Trophy Points:
    2,210
    Ratings:
    +37,036
    I was going to do a thread on this and call it "Obama's Night of the Long Knives"

    He whacked his entire economic team for failing him.

    I don't think Obama will be seen in public for a few weeks after November
     
  3. The Rabbi
    Offline

    The Rabbi Diamond Member

    Joined:
    Sep 16, 2009
    Messages:
    67,620
    Thanks Received:
    7,821
    Trophy Points:
    1,840
    Location:
    Nashville
    Ratings:
    +18,215
    He'll be taking a vacation and playing some golf.
     
  4. 8537
    Offline

    8537 Senior Member

    Joined:
    Aug 23, 2010
    Messages:
    7,754
    Thanks Received:
    729
    Trophy Points:
    48
    Location:
    New England's West Coast
    Ratings:
    +729
    Good fucking riddance....about 20 months too late.
     
  5. JBeukema
    Offline

    JBeukema BANNED

    Joined:
    Apr 23, 2009
    Messages:
    25,613
    Thanks Received:
    1,703
    Trophy Points:
    0
    Location:
    everywhere and nowhere
    Ratings:
    +1,705
  6. The Rabbi
    Offline

    The Rabbi Diamond Member

    Joined:
    Sep 16, 2009
    Messages:
    67,620
    Thanks Received:
    7,821
    Trophy Points:
    1,840
    Location:
    Nashville
    Ratings:
    +18,215
    And his replacement is going to be any better??
     
  7. 8537
    Offline

    8537 Senior Member

    Joined:
    Aug 23, 2010
    Messages:
    7,754
    Thanks Received:
    729
    Trophy Points:
    48
    Location:
    New England's West Coast
    Ratings:
    +729
    Yes! Or, let's try it this way: Having no one heading Obama's Economic advisory team is better than having Summers head his team. Summers is a smart guy who also happens to be a fucking idiot. In any normal universe, he would be the Right's wet dream.
     
  8. The Rabbi
    Offline

    The Rabbi Diamond Member

    Joined:
    Sep 16, 2009
    Messages:
    67,620
    Thanks Received:
    7,821
    Trophy Points:
    1,840
    Location:
    Nashville
    Ratings:
    +18,215
    Do you have a cogent argument for any of these assertions, or are you simply in "word salad" mode today?

    All of his advisors came with good resumes. All of them were absorbed by the Borg or something and the resulting policy has been disaster, and predictably so. All of them have ended up looking like morons trying to defend something that they surely know is a failure.
     
  9. 8537
    Offline

    8537 Senior Member

    Joined:
    Aug 23, 2010
    Messages:
    7,754
    Thanks Received:
    729
    Trophy Points:
    48
    Location:
    New England's West Coast
    Ratings:
    +729
    You want a cogent argument as to why I dislike Summers? He was the lead advocate for the move to stall regulation of the derivatives market. he thinks we should export pollution to Africa because the marginal utility of clean air is lower for them. He's the worst of the Free-marketista New Monetarists.

    So? There are a lot of economists with good resumes. That doesn't mean I want them being the lead advisor to the president.
     
  10. Mad Scientist
    Offline

    Mad Scientist Deplorable Gold Supporting Member Supporting Member

    Joined:
    Sep 15, 2008
    Messages:
    23,940
    Thanks Received:
    5,212
    Trophy Points:
    270
    Ratings:
    +7,683
    Failure is a democrat resume enhancer. These idiots will work for Universities, go on speaking tours and write books and the left will lap it all up.

    "Oh he/she was with the Obama administration. He/she must be so smart!", and totally forget the wasteland these people left behind.
     

Share This Page