Summers

Larry Summers: The Stimulus Pays For Itself

The Huffington Post | Bonnie Kavoussi | Posted 03.23.2012

Read More: Larry Summers Harvard, Video, Larry Summers Stimulus, Larry Summers Fiscal Stimulus, Larry Summers Stimulus Spending, Larry Summers, Summers, Lawrence Summers, Larry Summers Government Spending, Business News

Larry Summers says the stimulus can take care of itself. Summers, who served as President Obama's top economic adviser until last year, has co-aut...

Read Whole Story

The Democrats Who Unleashed Wall Street and Got Away With It

Robert Scheer | Posted 04.02.2012

Read More: Deregulation, Bill Clinton, Summers, Economy, Lawrence Summers, Business News
Robert Scheer

Larry Summers, like Bill Clinton, still defends the reversal of the 1933 Glass-Steagall Act, a 1999 repeal that destroyed the wall between investment and commercial banking put into place by Franklin Roosevelt in response to the Great Depression.

Read Post

Zach Carter

WATCH: Obama Administration Economist Explains Departure

HuffingtonPost.com | Zach Carter | Posted 07.27.2011

Read More: Foreclosures, Deficit, Geithner, Biden, Debt Ceiling, Economy, Jared Bernstein, Jobs, Obama, Bernstein, Summers, Buisness, Video, Politics News

WASHINGTON -- On the heels of his departure from the Obama administration, economist Jared Bernstein warned that Washington's political culture mislea...

Read Whole Story

Dan Froomkin

Larry Summers Will Deliver His Swan Song In The Lion's Den

HuffingtonPost.com | Dan Froomkin | Posted 05.25.2011

Read More: Summers Resignation, Economic Policy Institute, Summers Economic Policy Institute, Summers, Larry Summers, Politics News

WASHINGTON -- Larry Summers, the top presidential economic adviser whose pro-bank philosophy made him a lightning rod for liberal critics of the Obama...

Read Whole Story

Friday Talking Points [140] -- Pledging Nonsense

Chris Weigant | Posted 05.25.2011

Read More: Axelrod, White House, Pentagon, Chicago, Mark Pryor, Landrieu, Mary Landrieu, Geithner, Pryor, Howard Dean, Military, Emanuel, Midotw, Tax Cuts, Most Impressive Democrat of the Week, Reid, Lincoln, Economic, Righty, Lefty, Dont Ask Dont Tell, Budget, Democrat, Congress, Democrats, Barack Obama, Mandate, Redstate, Progressive, Mddotw, Rahm Emanuel, Summers, Erick Erickson, Harry Reid, Orszag, Senate, President Obama, Romer, Klein, Larry Summers, Obama, Democratic, Friday Talking Points, Republican, Dean, Bush Tax Cuts, Dadt, Most Disappointing Democrat of the Week, Contract With America, Left, Lefties, Right, Mayor, House, Andrew Sullivan, Righties, Peter Orszag, Lame Duck, Blanche Lincoln, Ezra Klein, Chris Weigant, Tax, Tim Geithner, Christina Romer, David Axelrod, DREAM Act, Pledge to America, Erickson, Sullivan, Politics News
Chris Weigant

The White House has been in the news this past week, mostly for who will be leaving it soon. One is tempted to insert the old "will the last to leave...

Read Post

Gingrich Thinks Saving 1 Million Jobs Is "Anti-Market"

Mike Elk | Posted 05.25.2011

Read More: Auto Industry, Auto Bailout, Jobs, Summers, Newt Gingrich, Gingrich, Business News
Mike Elk

As a result of the government stepping in, the auto industry gained nearly 45,000 jobs, which was the highest rate of job growth in the auto sector in over a decade.

Read Post

It Doesn't Take an Einstein to Figure Out Whose Pocket Has All The "Change"

Kathleen Reardon | Posted 05.25.2011

Read More: Obama Change, Wall Street Crisis, Summers, Political Favors, Lobbyists, Bailouts, Home Foreclosures, Bernanke, Bank Profits, Geithner, Hightower, Ritholz, Business News
Kathleen Reardon

How meaningful is "change" when the very people tasked with leading it are busy gaming our taxpayer money to line the pockets of their friends?

Read Post

Ryan Grim

He's Come A Long Way: Summers Attacks 'Bloated Financial System'

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

Read More: Cnbc, Economic Policy, Larry Summers, Summers, Video, Business News

Showing just how far his previous economic ideology has fallen from grace, White House senior economics adviser Larry Summers went on to CNBC Tuesday ...

Read Whole Story

Eliot Spitzer: "The Team of Geithner and Summers Is an Abject Failure"

Mike Green | Posted 05.25.2011

Read More: Geithner, Congress, Frank, Federal Reserve, Fed, Bernanke, Spitzer, Bank, Financial Crisis, Obama, Dodd, Summers, Colbert, Politics News
Mike Green

Eliot Spitzer is back with a vengeance as he blasts Treasury Secretary Timothy Geithner and Lawrence Summers, the director of Obama's economic council, calling the duo an "abject failure."

Read Post

"Divide and Conquer" Politics

Bob Franken | Posted 05.25.2011

Read More: Supreme Court, Congress, Economy, Summers, Bernanke, Timothy Geithner, Obama, Corporations, Politics News
Bob Franken

One more thought on the Supreme Court ruling that corporations have the 1st Amendment right to free expression and are therefore able to spend on ca...

Read Post

Four Obama Mistakes That Could Turn His Cheers into Jeers

Earl Ofari Hutchinson | Posted 05.25.2011

Read More: Wall Street Crisis, Afghanistan, President Obama, Health Care Reform, Rubin, Economic Stimulus, Economic Recovery, Obama Economy, Summers, Geither, Home News
Earl Ofari Hutchinson

A year from now voters and the media will take stock of President Obama's mid-term performance. When they do four things will leap out as major Oba...

Read Post

Summers Ignored Warnings, Lost $1.8 Billion In Harvard Investments

Boston Globe | Posted 05.25.2011

Read More: Larry Summers Harvard, Summers Harvard Investments, Summers Harvard, Jack Meyer, Larry Summers, Summers Harvard Endowment, Summers Harvard Money, Summers, Summers and Harvard, Business News

It happened at least once a year, every year. In a roomful of a dozen Harvard University financial officials, Jack Meyer, the hugely successful head o...

Read Whole Story

Summers Will Get Hotter, And Pose Serious Public Health Challenges

Grist | Posted 05.25.2011

Read More: Heat Wave Deaths, Heat Wave, Climate Change, Summer Temperatures, Extreme Weather, Summers, Urban Heat Waves, Global Warming, Green News

In the dog days of August, you can be forgiven for not wanting to think about how it could get hotter, much hotter, in summers to come. Nevertheless, ...

Read Whole Story

Summers Criticizes Bailed Out Banks For Not Lending More, Says Economic Recovery Pace 'In Doubt'

bloomberg.com | Posted 05.25.2011

Read More: Economic Growth Rate, Economy, Economic Crisis, Larry Summers, Ben Bernanke, National Economic Council, Summers, Recession, Business News

White House National Economic Council Director Lawrence Summers chastised some banks that received government aid for not doing enough to reduce forec...

Read Whole Story

Sam Stein

Summers: CBO Chief "Was Acting Reasonably" With Health Care Testimony

HuffingtonPost.com | Sam Stein | Posted 05.25.2011

Read More: Cbo Score, Summers Health Care, Cbo Health Care, Larry Summers, Larry Summers Speech, Summers, Cbo Chief, Health Care Score, Politics News

President Barack Obama's chief economic adviser Larry Summers said, on Friday, that the Congressional Budget Office "was acting reasonably" when it sa...

Read Whole Story

Summers: Economy Has Moved Back From Catastrophe

AP | JIM KUHNHENN | Posted 05.25.2011

Read More: Economic Crisis, Summers, Larry Summers, National Economic Council, Recession Economics, Recession, Economy, Business News

WASHINGTON — President Barack Obama's top economic adviser has new cause for optimism. Back in January, Lawrence Summers said, Google searches f...

Read Whole Story

Obama's Economic Misfits Finally Get It

Robert Scheer | Posted 05.25.2011

Read More: House, Government, Politics, Law, Greed, Geithner, Congress, White House, Money, Clinton, Economy, Scheer, Regulation, Banks, Obama, Campaign, Summers, Wall Street, Business News
Robert Scheer

According to Summers and Geithner, the Obama plan to be revealed today promises that all derivatives dealers will be "subject to supervision, and regulators will be empowered to enforce rules against manipulation and abuse."

Read Post

Reagan Didn't Do It

Robert Scheer | Posted 05.25.2011

Read More: Reagan, Law, Congress, Clinton, Meltdown, Economy, Derivatives, Krugman, Scheer, Obama, Summers, Democrats, Politics, White House, Brooksley Born, Treasury, Rubin, Gramm-Leach-Bliley, Wall Street, Republicans, Politics News
Robert Scheer

Ronald Reagan's signing off on legislation easing mortgage requirements back in 1982 pales in comparison to the damage wrought 15 years later.

Read Post

Elizabeth Warren: Finally Someone With a Clue How to Handle the Financial Crisis

Ian Welsh | Posted 05.25.2011

Read More: Aig, Elizabeth Warren, Geithner, Summers, Tarp, Financial Crisis, Business News
Ian Welsh

Elizabeth Warren's the chief watchdog for the 700 billion TARP fund. Unfortunately, she has no real power.

Read Post

Volker, Summers Tangled In a Power Struggle

Bloomberg | Robert Schmidt and Julianna Goldman | Posted 05.25.2011

Read More: Obama, National Economic Council, Summers, Volker, Paul Volker, Economy, Lawrence Summers, Business News

Feb. 5 (Bloomberg) -- Paul Volcker has grown increasingly frustrated over delays in setting up the economic advisory group President Barack Obama pick...

Read Whole Story