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(CNN)   The guy that indirectly/directly caused the 2008 financial crisis has withdrawn his bid to be the next Federal Reserve Chairman   (money.cnn.com) divider line 13
    More: Spiffy, Larry Summers, Federal Reserve, Chairman of the Federal Reserve, Janet Yellen, National Economic, advice and consents  
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1044 clicks; posted to Politics » on 16 Sep 2013 at 9:02 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



Voting Results (Smartest)
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d23 [TotalFark]
2013-09-16 09:23:23 AM  
3 votes:

EyeballKid: GoldSpider: That he was ever considered for the job should say everything that needs to be said about how serious this administration is about reigning in Wall Street.

Clearly, he is the most liberal socialist to ever liberally socialize a liberal socialist.


If he's a libby lib lib then I must be Attila the Hun.

Obama is a corporatist, my friend.  I saw some idiot talking head saying that "some on the FAR-left think that Summers is responsible for the crash" because of his support of deregulation.  There IS no far left in the U.S.  There is a far-left boogeyman that appears in the daydreams of certain people that is constantly being argued against, but in U.S. politics he doesn't really exist.
2013-09-16 09:23:28 AM  
2 votes:

d23: Wendy's Chili: The fact that everybody on Wall Street and in the media hates this guy and loves Janet Yellen makes me think he should get the job.

Hates him?  He's the REASON there is still a CitiBank.



Summers has a habit of speaking unconventionally, yet he behaves extremely conventionally when in a position to act, which probably confuses people.
2013-09-16 09:08:44 AM  
2 votes:
GrumpyCatGood.jpg

Wendy's Chili: The fact that everybody on Wall Street and in the media hates this guy and loves Janet Yellen makes me think he should get the job.


Wat? I heard it was the other way around: Summers has the best record for deregulating the economy while Yellen has the best when it comes to predicting crises and the after effects. She is more likely to do something about unemployment too.
2013-09-16 09:08:17 AM  
2 votes:

GoldSpider: That he was ever considered for the job should say everything that needs to be said about how serious this administration is about reigning in Wall Street.


Word.
2013-09-16 09:05:04 AM  
2 votes:
That he was ever considered for the job should say everything that needs to be said about how serious this administration is about reigning in Wall Street.
2013-09-16 05:53:56 PM  
1 votes:
I don't care so much about a CNBC poll of some stockbroker dudes, I care that a whole pile of economists really, really like her and she's never worked a day for some big bank. Oh, and Elizabeth Warren likes her, too.
I'm sure when Larry Summers is sipping champagne on his yacht, dining on caviar with his beautiful mistress/trophy wife, he will feel a little bit sad about not getting the Fed chair. But I really don't want him anywhere near our economy any more.
2013-09-16 11:07:25 AM  
1 votes:

Apik0r0s: Non-Jews need not apply for the position.


Christ, you and that mosquito dude are obsessed with the Jews.
2013-09-16 11:05:33 AM  
1 votes:

GoldSpider: FlashHarry: last week's talking point - "obama is a socialist-communist" is no longer valid.

So say people other than me, but by all means, continue posting on my behalf.


i didn't mean to imply that i was posting on your behalf. i just find it amusing that the collective far right is able to continually hold multiple antithetical views of obama in their deranged minds.

so, apologies - i know you're not deranged. and i agree, by the way - i believe that obama IS in fact a friend of wall st. and i was appalled at his suggestion that summers chair the fed.
2013-09-16 09:54:48 AM  
1 votes:
Non-Jews need not apply for the position.
2013-09-16 09:28:41 AM  
1 votes:
Do we know if he was REALLY being considered or was really a 'frontrunner'? All of that seemed like, well, media speculation. Like "This guy's probably THE FAVORITE for the position!'
2013-09-16 09:25:42 AM  
1 votes:

Wendy's Chili: The fact that everybody on Wall Street and in the media hates this guy and loves Janet Yellen makes me think he should get the job.


It's the opposite. Wall Street loves Summers and don't know quite how to feel about Yellen.
2013-09-16 09:20:55 AM  
1 votes:

Wendy's Chili: The fact that everybody on Wall Street and in the media hates this guy and loves Janet Yellen makes me think he should get the job.


Oh yeah, Wall Street hates Summers so much they give him millions of dollars to "consult" for them.
2013-09-16 09:16:55 AM  
1 votes:

GoldSpider: That he was ever considered for the job should say everything that needs to be said about how serious this administration is about reigning in Wall Street.


*reining*
 
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