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Summers to head World Bank

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  • #16
    Re: Summers to head World Bank

    Originally posted by firedoglake
    This is a good follow-up:

    ....the former Secretary of the Environment for Brazil, Jose Lutzenburger, responded to Summers by calling the memo “perfectly logical but totally insane” and saying that Summers exhibited “the unbelievable alienation, reductionist thinking, social ruthlessness and the arrogant ignorance of many conventional ‘economists’ concerning the nature of the world we live in.” For his part, after writing this letter, Lutzenberger was fired.

    ....

    and we, The US, wonder why 'they' hate us....
    but i know!

    it was all gee dubya's fault....
    (too bad that even the liberals at harvard thot summers was a bore/insane... heh, after all, "...women are “somehow innately deficient in mathematics.” hahahahahaha.... and even funnier were his apologists after the 2008 'election'... (which was decided primarily by the generation who gets their 'news' from MTV and the comedy channel?)

    http://www.freakonomics.com/2008/11/...ury-secretary/
    There is a lot of speculation about whether President-elect Barack Obama will choose Larry Summers to be his Treasury Secretary. But some people are openly opposing Summers’s appointment, in part because of controversial comments he made about women in science.
    It’s a close question, but I’m hoping that Obama appoints Summers. I have three reasons:
    First, Summers is really a cut above the next-best appointment. Larry Summers is incredibly smart. It’s not just that he is a wickedly insightful academic (who may still win a Nobel Prize); he is also a very quick study.
    I trust his economic judgment and ability to make good decisions under pressure. He has an ability in these difficult times to do the right thing. This is especially true if the alternative is Jon Corzine, and even true in the case of Timothy Geithner (who are both rumored to be on Obama’s shortlist). This is no knock on Corzine or Geithner. Summers, to my mind, is just that much better.
    Second, if Obama appoints a person like Summers, I still will have faith that, overall, his administration is likely to be very good on issues of gender equality. One of the wonderful things about the Obama victory is that the new administration has a bit more flexibility on questions of civil rights. Indeed, we might even defend Summers’s appointment as a form of what Heather Gerken calls “second-order diversity.”
    hahahahahaha... i mean really!
    what will the arbiters of politikal correktness have to say about him now?

    ya cant make this stuff up ????

    whooo hahahahahahahahaha....

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    • #17
      Re: Summers to head World Bank

      Originally posted by metalman View Post
      better...



      larry 'never a debt too high' summers... the man for the plan...

      ej asks summers.. too much debt? no ******* way!

      http://www.itulip.com/audio/SummerJanszen110211.mp3.
      Thanks for this audio link. Of course, Q&A in public does not lend itself to deep thought, but this is ridiculous. The guy looks at EVERYTHING as some sort of (SHORT TERM) accounting identity. If he thinks it's an identity/wash to go get a loan and deposit the principal in a savings or even investment vehicle (in the vast majority of cases), then he doesn't understand basic investment economics.

      A lot of these "economists" say this: debt is never a problem. (See the NYT Columnist and the UTexas Professor for more statements like this.... and then almost all mainstream politicians...)

      A total and catastrophic FAIL.

      Thanks again.

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      • #18
        Re: Summers to head World Bank

        nothing like groupthink to sink a nation....

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