Opposition mounts to Summers as possi...

Opposition mounts to Summers as possible Fed chief

There are 18 comments on the Reuters story from Jul 26, 2013, titled Opposition mounts to Summers as possible Fed chief. In it, Reuters reports that:

President Barack Obama could be months away from announcing his pick to replace Ben Bernanke at the Federal Reserve, yet critics are already making an unusual public effort to stop one contender in the race - former U.S. Treasury Secretary Lawrence Summers.

Join the discussion below, or Read more at Reuters.

Wall Street Government

Sebastian, FL

#2 Jul 26, 2013
The worst possible choice.

But liberals blame him for spearheading financial deregulation that they charge helped create the financial crisis, and say his work at hedge fund D.E. Shaw makes him the epitome of a revolving door between Wall Street and government.

When he served as Treasury chief under Clinton, Summers helped clinch the law that revoked the Depression-era Glass-Steagall Act, which separated investment banking activities from those of commercial, deposit-taking institutions.

That opened the gate for commercial banks to get involved in riskier financial products, such as the credit default swaps that were at the heart of the 2007-2009 financial crisis.

“Open your eyes”

Since: Sep 09

Central Florida

#3 Jul 26, 2013
Summers is the worst choice. But considering the Federal Reserve is a ponzi scheme in itself. Then who better to run a ponzi scheme than Larry Summers.

Think it is bad now, just wait till Larry Summers takes the seat.

Hey Wall Street, can't forget about the repeal of the Sherman Anti-Trust Act that he did as well.

“I laugh at Robo Posters”

Since: Nov 08

Paris

#4 Jul 26, 2013
Moe Larry Curley wrote:
I guess in Obama's warped depraved mind you have to be Jewish to preside over the Ponzi scheme known as the US economy.
College Republicans Denied Admittance to Obama Speech...

'For president's protection'... Once again odoodle's paranoia is alive and well. Even with a 200 person security team, he is frightened of Republicans. What he was really scared of was someone laughing at his recanned speech that he has used over and over with no sincerity or actual action.
serfs up

Ormond Beach, FL

#5 Jul 26, 2013
Wall Street Government wrote:
The worst possible choice.
But liberals blame him for spearheading financial deregulation that they charge helped create the financial crisis, and say his work at hedge fund D.E. Shaw makes him the epitome of a revolving door between Wall Street and government.
When he served as Treasury chief under Clinton, Summers helped clinch the law that revoked the Depression-era Glass-Steagall Act, which separated investment banking activities from those of commercial, deposit-taking institutions.
That opened the gate for commercial banks to get involved in riskier financial products, such as the credit default swaps that were at the heart of the 2007-2009 financial crisis.
Nahhh!...It is all new world order. These men ar the elitists prime tools and they are at their peak. Manuvering an economy in an economic winter. Never has been successful in human history. Maybe this time. The last depression was economic spring.
chisholm

Columbus, OH

#6 Jul 26, 2013
You have to wonder if he's just having someone float the name to gauge the reaction..I'd hope Obama would never appoint this economy-wrecker as head of the Fed.

Wow. BAD choice. Let's hope it goes away.
chisholm

Columbus, OH

#7 Jul 26, 2013
Le Jimbo wrote:
<quoted text>College Republicans Denied Admittance to Obama Speech...
'For president's protection'... Once again odoodle's paranoia is alive and well. Even with a 200 person security team, he is frightened of Republicans. What he was really scared of was someone laughing at his recanned speech that he has used over and over with no sincerity or actual action.
Link? Were you OK with Dems or people wearing Dem t-shirts being thrown out of Bush and other Republican events?
chisholm

Columbus, OH

#8 Jul 26, 2013
Moe Larry Curley wrote:
I guess in Obama's warped depraved mind you have to be Jewish to preside over the Ponzi scheme known as the US economy.
'You don't have to be Jewish to run the economy...but it helps!'

heh
Sterkfontein Swartkrans

Pennington, NJ

#10 Jul 26, 2013
Le Jimbo wrote:
<quoted text>College Republicans Denied Admittance to Obama Speech...
'For president's protection'... Once again odoodle's paranoia is alive and well. Even with a 200 person security team, he is frightened of Republicans. What he was really scared of was someone laughing at his recanned speech that he has used over and over with no sincerity or actual action.
They were denied entry because they were wearing teabagger t shirts that made it plain they were there for the sole purpose of disrupting the event just like their elders did a few years ago. They should have kicked their sorry azzes before they threw them out!! teabaggers are vile disgusting treasonous vermin!
chisholm

Columbus, OH

#11 Jul 26, 2013
Sterkfontein Swartkrans wrote:
<quoted text>
They were denied entry because they were wearing teabagger t shirts that made it plain they were there for the sole purpose of disrupting the event just like their elders did a few years ago. They should have kicked their sorry azzes before they threw them out!! teabaggers are vile disgusting treasonous vermin!
Always amusing to hear a blind GOP follower of the Dear Leader Bush talking about Obama as "paranoid." Good for that daily chuckle!:)

“I laugh at Robo Posters”

Since: Nov 08

Paris

#13 Jul 27, 2013
chisholm wrote:
<quoted text>
Link? Were you OK with Dems or people wearing Dem t-shirts being thrown out of Bush and other Republican events?
hmmmmm when a liberal president does it to avoid laughs at his repackaged speech he as used six times......(always right before going to Martha's Vineyard)means anymore than the other times. He takes no action, he only talks. He either don't know what to do or he wants us to continue this down hill roll as part of his destroy America play.

“I laugh at Robo Posters”

Since: Nov 08

Paris

#14 Jul 27, 2013
Sterkfontein Swartkrans wrote:
<quoted text>
They were denied entry because they were wearing teabagger t shirts that made it plain they were there for the sole purpose of disrupting the event just like their elders did a few years ago. They should have kicked their sorry azzes before they threw them out!! teabaggers are vile disgusting treasonous vermin!
bullchit.....lets see your photo.

“I laugh at Robo Posters”

Since: Nov 08

Paris

#15 Jul 27, 2013
chisholm wrote:
<quoted text>
Always amusing to hear a blind GOP follower of the Dear Leader Bush talking about Obama as "paranoid." Good for that daily chuckle!:)
10 Black Former 'IDOL' Contestants Sue Show Over 'Racial Discrimination'...

my oh my, now they want affirmitive winning.
conservative crapola

Allentown, PA

#16 Jul 27, 2013
Le Jimbo wrote:
<quoted text>
rugby tried for affirmative winning last Fall. The voters voted him off.

hahahahahahahahahaha
chisholm

Columbus, OH

#17 Jul 29, 2013
Le Jimbo wrote:
<quoted text>hmmmmm when a liberal president does it to avoid laughs at his repackaged speech he as used six times......(always right before going to Martha's Vineyard)means anymore than the other times. He takes no action, he only talks. He either don't know what to do or he wants us to continue this down hill roll as part of his destroy America play.
OK, no answer so we'll just drop it. Your hatred for Obama overcomes any rational responses, apparently.
chisholm

Columbus, OH

#18 Jul 29, 2013
Le Jimbo wrote:
<quoted text>10 Black Former 'IDOL' Contestants Sue Show Over 'Racial Discrimination'...
my oh my, now they want affirmitive winning.
Um, you answered this once (poorly) and now are posting some sort of complete irrelevancy to it as if that meant something?

lol..funny stuff.
Kell

Manassas, VA

#19 Jul 29, 2013
Okay..
help us

United States

#20 Jul 31, 2013
We damn sure don't need more bankers in there, so many already running around and in political positions. They will never get prosecuted and jailed this way. Obama has picked the RICH over the rest of us!
Offshore

Ciudad De Panamá, Panama

#21 Jul 31, 2013
Offshore company registration, bank account and Mastercard debit card with no name on the plastic or magnetic stripe $2500.
Offshore Forex and anonymous accounts
www.offshorecompanysetup.biz

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