• May 27, 2012

larry summers

Let’s go through the last 15-20 years of perfect, brilliant top economist Larry Summers’ career: He joined Robert Rubin and Alan Greenspan in their successful attempt to tear down long-standing financial regulations and keep derivatives totally unmonitored as a Treasury official and then secretary during the Clinton administration, directly leading to the 2008 financial collapse; [...]

Larry Summers, head of Obama’s National Economic Council and noted guy who said a thing feminists didn’t like one time at Harvard, is not going to have that first job anymore after the midterms. This is “according to three people,” so it’s definitely true. So, with an economy continuing to struggle and constant ire among [...]

Today the Senate will vote on whether to begin talking about the possibility of maybe repealing “don’t ask, don’t tell.” Don’t get too excited, because nobody expects this cataclysmic measure to actually pass. And why should it? The Senate is not an appropriate place to be having these sorts of discussions. But thankfully Lady Gaga [...]

Yay here is your Friday News Roundup of somebody else’s News Roundup regarding Tim Geithner and Larry Summers getting beaten up by greybeards Joe Biden and Paul Volcker! Biden and Volcker are, combined, 150 years old and 150 feet tall; also they are liberal hippies.

Obama is demanding that the companies that received the most bailout money pay their highest-earning employees 10% of what they normally do. [New York Times] Oh here’s something new: everyone is worried about getting sick but is too lazy and/or too terrified to actually get a flu shot. [Washington Post] The weird Jett Travolta/Bahamas were [...]

So it seems like fewer people are performing Google searches with the term “economic depression.” Or maybe it’s the same amount of people, but they’re searching less frequently? Ha ha, no one’s sure! Anyway, what does this statistic mean for America? Everything, essentially. And this is not just because a majority of Americans have been [...]

The New York Times has a SCOOP, about Larry Summers! He is still a dick to everybody, and the rest of the White House economics team pretty much hates him — except for the President, who endures his terrible behavior because he is so BRILLIANT.

Barack Obama’s chief economic aide Larry Summers famously thinks that women are dumb, very dumb, so dumb at life that he doesn’t need to look in any way attractive to procure them, for mating. Today Summers told the Washington Economics Club (NERD FACTORY) that everything will be better in a few months, once all remaining [...]

Larry Summers, one of Barack Obama’s chief money trolls, made a splash at yesterday’s “fiscal responsibility summit” by falling asleep, publicly, in front of everyone. Maybe he was drunk? Or tired, from pulling so many all-nighters in light of the recent and complete collapse of the world economy? Or: the thermostat was too high, which [...]

The Washington Post has an extraordinary article today about why Tim Geithner’s press conference to unveil the administration’s bank rescue plan last week seemed to… suck? Is that the word? Well it wasn’t the plan, so much — as best we understood this vague monstrosity, it was something like, “Public private money tax blah blah [...]

It was only a matter of time before the The New Republic stopped being an inevitability in this little feature. Well, the time has come—just one week in! Let’s take a look what worthwhile things are afoot in these storied pages this week, for our new feature, Thursdays Are For Magazines.

Barack Obama will have so many advisors telling him how to spend the nation’s billions! Let’s see, we’ve got this Geithner guy who financial types seem to like, and also the communist Larry Summers … who else? To answer these pressing questions, Obama will hold another press conference and respond to complicated financial inquiries with [...]

Did you know that Barack Obama is packing his economic advisory team with known communist associates? It’s true! Larry Summers, Obama’s likely head of the National Economic Council, had to resign from the presidency of Harvard University in 2006 for the grievous crime of being an asshole. After that he went to work part-time for [...]

Well this is terribly disappointing! After a veritable two weeks of post-election speculation about our future Secretary of the Treasury, with an endless parade of sexist buffoons and kindly forest-giants to choose from, Barack Obama goes for some dude named Tim Geithner who appears to be of normal stature and possessed of no serious personality [...]

Here is something weird, and thank you, First Read, for pointing this out recently: the press has already found out the identity of like half of the future Obama cabinet. And yet we have no idea who’s being vetted to fill one of the most important positions of all — Treasury Secretary. What is up [...]