Lawrence H. Summers
Biography
and Quotes
Liberal
Hall of Shame
The Top 1000 Liberals in America
Lawrence H. Summers
Director of the National Economic Council and Assistant to the President
for Economic Policy
Lawrence H. Summers is the Director of the National Economic Council and was appointed by President Barack H. Obama on November 24, 2008.
http://www.whitehouse.gov/administration/eop/nec/chair/
President Obama's senior economic advisor made clear Sunday that any idea of renewing the Bush tax cuts, set to expire in 2010, is a dead issue.
Lawrence H. Summers, a former Treasury secretary and head of the White House's National Economic Council, made clear to “Meet the Press” host David Gregory that Obama is committed to allowing the tax cuts to die.
Summers also left open the possibility that the administration may revoke the tax cuts early, an idea pushed by House Speaker Nancy Pelosi.
But he emphasized that the Obama administration is dead against extending the tax cuts, an idea favored by Republicans.
Summers: Bush Tax Cuts Won't Be Extended
Sunday, January 25, 2009 9:25 PM
http://www.newsmax.com/newsfront/summers_bush_tax_cuts/2009/01/25/175083.html
Maybe studio execs should consider doing a flick on the Three Financial Stooges, Robert Rubin, Lawrence Summers and Timothy Geithner.
These numbskulls had a lot to do with getting us into the economic jam we find ourselves in.
In fact, long before Barney Frank and Chris Dodd threw a gigantic wrench in the works when others were trying to stop Fannie Mae and Freddie Mac from hemorrhaging, the Three Financial Stooges laid the groundwork for the current economic catastrophe, and they did so under Bill Clinton’s administration.
Rubin was treasury secretary, Summers was his assistant and Geithner served as an undersecretary.
Rubin, Summers and Geithner lobbied then-President Clinton, and ultimately the Congress, to get rid of the Glass-Steagall Act, which stopped banks from entering into the securities market. They were also part of the group that rammed the Commodity Futures Modernization Act through.
'Special Relationship' Spotlights Bill
and Hillary
The Left Coast Report: A Political Look at Hollywood
Tuesday, March 31, 2009 2:01 PM By: James Hirsen
http://www.newsmax.com/left_coast_report/Bill_and_Hillary/2009/03/31/198013.html
Great
Quotes and Messages of Wisdom
Wisdom-of-the-Wise.com