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4/5/2009
Is Larry Summers Over Already?

Submitted by ASO member: Bradley Blakeman

It’s time for the sun to set on Summers. The Press is reporting that the President’s chief economic advisor Larry Summers was himself a greedy pig who just this past year was paid by his fellow wall street buds more than 5 Million Dollars in compensation. While these executives were looting their companies and running them into the ground, Mr. Summers did not miss the opportunity to partake from their feedbag. All the economic advisers, treasury secretaries and the like have one thing in common, a incestuous relationship with Wall Street. It is where they came from, it is where they made their riches before coming to government and it is where they go back to, to make more. They “oversee” and “regulate” their friends. There is no arms length relationship. The President talks about aspiring to have the most transparent and ethical administration this country has ever seen and it has been to date everything but. He rails on Wall Street greed and he hires as his chief economic advisor the poster boy for it. He shames corporate executives for taking millions from companies who are going down the tubes and are taking US Bailout Dollars yet, the head person of his economic team is a pig himself. Mr. President you saw fit to fire the CEO of GM and you saw fit to call out Wall Street Execs who paid themselves millions in bonus money, will you fire Larry Summers for the same type of behavior you admonish others for? You can’t make this stuff up, Our Treasury Secretary is a tax cheat, the President’s chief economic advisor is guilty of the same type of greed that he now is charged to stop, the OMB Director this week was on the John Stewart Comedy Show yucking it up on how bad the economy is, Geithner cannot find anyone to work with, and the list goes on. Folks, we are in deep trouble.

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