Lazy crazy days of Summers
Well. On top of having averted an air strike by the US and another chemical weapons strike by Assad inside of Syria this week, here's more good news from inside the Beltway.
Former White House economic adviser and Treasury secretary Lawrence H. Summers has withdrawn his name as a candidate for Federal Reserve chairman...I couldn't be happier. He would have been a disaster in that spot. Of course, I don't suppose we'll get Janet Yellen either. Certainly not if President Obama really believes the banking industry is just fine. It's not. It's still very much broken.
Labels: Obama administration