World-News

Matthew Skomarovsky, LittleSis: "Larry Summers' path to the Obama administration, and his record within it, are symptomatic of a new American plutocracy, and his new job at Harvard will keep the gears of corruption greased. Summers rose to power under the protective wing of Wall Street and Democratic Party mogul Robert Rubin. He aggressively advanced Rubin's program of financial deregulation and faithfully rescued his cronies when deregulation went wrong. Despite the economic catastrophes these policies have contributed to, Summers and other Rubinites have continued their political ascendancy in recent years, filling top positions in the Obama administration."

http://www.truth-out.org/evidence-american-plutocracy-the-larry-summers-story67007



The Economy Is Awful and Larry Summers Should Not Be Fed Chair

Dean Baker, Truthout: Despite the fact that Larry Summers played a major part in the creation of the policies that pushed the US into an economic downturn, President Obama wants him as chairman of the Federal Reserve, one of the most powerful economic positions in the country.

http://truth-out.org/opinion/item/17978-the-economy-is-awful-and-larry-summers-should-not-be-fed-chair



The Wall Street Ties of Larry Summers and Timothy Geithner

Zaid Jilani, Moyers & Company: Larry Summers is under no legal requirement to disclose his most recent payments from corporations until he is officially nominated, and if he s nominated, he ll most likely be confirmed.

http://www.truth-out.org/news/item/17997-the-wall-street-ties-of-larry-summers-and-timothy-geithner



The Smart Boys: Larry Summers and Jeff Bezos

Dean Baker, Truthout: The press' praise of tentative Federal Chair nominee Larry Summers and business mogul Jeff Bezos reflects the backwards morals with which we view our society and our economy.

http://truth-out.org/opinion/item/18119-dean-baker-the-smart-boys-larry-summers-and-jeff-bezos

--------

Larry Summers Is Out, but the Boys? Club Is as In as Ever
http://www.commondreams.org/view/2013/09/17-4

The Larry Summers Flop: More Proof Obama is Getting Bad Economic Advice
http://www.commondreams.org/view/2013/09/17-8



http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Obama
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Larry+Summer
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Timothy+Geithner
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=plutocracy
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=economic+downturn
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=corporat
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Federal+Reserve
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Wall+Street
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=corruption
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Matthew+Skomarovsky
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Dean+Baker
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Zaid+Jilani
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Bryce+Covert
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Heidi+Moore
-----