And then there was 1

PeshakJang

Platinum Member
Mar 17, 2010
2,276
0
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http://www.marketwatch.com/story/summers-to-leave-at-end-of-the-year-2010-09-21

WASHINGTON (MarketWatch) -- National Economic Council director Lawrence Summers will leave at the end of the year, the White House said Tuesday in confirming the highest-profile departure from President Barack Obama’s economics team.

...

Obama raised the possibility of changes to his economic team on Monday during a town-hall style meeting on CNBC. He said his staff members were “going to have a whole range of decisions about family that’ll factor into” their career decisions.

Summers’ current responsibility includes overseeing coordinating economic policy and leading the president’s daily economic briefing.

That makes Tim the last sap left on Obama's economic council. What are the odds on him leaving sometime prior to the end of the year? I'd say it is getting more and more likely every day.

I like the bolded statement... sounds very mob-esque... "We're going to go home and talk about 'family'"
 

boomerang

Lifer
Jun 19, 2000
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I'm sure he'll find another misfit Marxist wannabee to take his place. Maybe he'll wise up and recruit somebody that actually has real-world experience in running something other than their mouth. Possible, but highly doubtful.

With narcissism so firmly entrenched in his psyche, Obama will seek out someone created in his own image so to speak. The blundering and misery will continue.

Rather than wait for the perfect thread, I'll just post this here.

Typhoid Barry
 

PokerGuy

Lifer
Jul 2, 2005
13,650
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I'm sure there is a community organizer somewhere they can put in that job. After all, if that's qualification enough to run the country.....
 

Craig234

Lifer
May 1, 2006
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And here we have examples of the right-wing nutjob posters we have.

Sumner is a person very unpopular with the left. He has been one of the main corporatists and a leader who pushed the unpopular Clinton finance deregulation.

Liberals have complained Obama appointed him. Last night, a liberal commentator said whoever replaces him will be better.

Here we have someone who the right and left might agree was a poor appointment, with his pro-Wall Street approach (even if the right doesn't complain about Republicans much).

But what we got:

The OP calling his leaving and Obama's statement like the mafia. Yes, Godfather Obama.

Boomerang calling this corporatist a "marxist". Apparently he's still in kindergarten and has only learned one attack word, He's an idiot.

Then of all things, he says he lacks *experience*. Now, who has real-world experience running national economic policy?

Sumners has done it - his credentials are fine, and he has plenty of experience. Boomerang completely misses the problem is his approach, not experience.

Then we have doofus pokerguy who thinks the words "community organizer" are an argument about economic policy.

Community organizer! Point and laugh. Repeat.
Repeat.
Repeat.
Repeat.

That's the level of commentary - nothing about economics. Just the false 'argument' that because Obama passed up a corporate law career for community organizing, he's somehow wrong on economic priorities. Wrong. He's wrong or right on ecomics for policy reasons beyond the simpleton who posts 'Community organizer'.

What crap posts from our right. Our liberals will attack Obama far better than the right.

But these clueless righties will vote in even worse people if they can. About 46% of our citizens tried to put Sarah Palin in as VP. What would President Palin do?
 

Greenman

Lifer
Oct 15, 1999
22,262
6,445
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Another tall glass of coolaid brought to you by Craig. Keep up the good work there buddy.
 

EXman

Lifer
Jul 12, 2001
20,079
15
81
Bottom line would you want to bee associated with the last 20 months of garbage ideas, the execution of those ideas and the way they have handled it?


nope...
 

Moonbeam

Elite Member
Nov 24, 1999
74,746
6,762
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To a horse fly everything looks like horse shit. It is not unusual for Presidential advisers to leave after 2 years. To make something out of something that is usual only requires stupidity and the desire to be an asshole.
 

GroundedSailor

Platinum Member
Feb 18, 2001
2,502
0
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1 Larry Summers never brought his family to DC. They were left behind in MA
2. If he does not rejoin Harvard by January he loses his tenure there.

Good enough reasons to go back.

..
 
Nov 30, 2006
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Craig...Summers played a very active role in leading our country into economic collapse. But hey...he has great credentials! I don't recall the Left criticizing his appointment at the time...but now that a scapegoat is needed...well that's different.

Q: Who, after all, appointed Summers in the first place? A: Perhaps, just perhaps, a community organizer who doesn't know shit from Shinola about economics.
 
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Martin

Lifer
Jan 15, 2000
29,178
1
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Craig...Summers played a very active role in leading our country into economic collapse. But hey...he has great credentials! I don't recall the Left criticizing his appointment at the time...but now that a scapegoat is needed...well that's different.

Q: Who, after all, appointed Summers in the first place? A: Perhaps, just perhaps, a community organizer who doesn't know shit from Shinola about economics.

Craig is right, you people really are a bunch of loud-mouth idiots.

The left has always been suspicious of both Summers and Geithner precisely because they were part of the financial system. They wanted an outsider who would be tough with the industry, however the mainstream opinions were that you needed people who knew the industry and had "experience" and "credentials". These two were picked because they were mainstream and could gain the support of republicans.

If you bothered to fucking read anything before running your mouth, you'd have found something like this: http://www.salon.com/news/opinion/glenn_greenwald/2009/04/04/summers/index.html and many similar complaints from the left about the duo around that time. But I suppose expecting deranged tea baggers to remember what happened just a year ago is too much.

Now the two, who were so heavily critisized by the left and were seen as Obama sucking up the the republicans, have somehow magically become "marxist".

I take back my comment calling you guys idiots. No, you guys are retarded.
 

Craig234

Lifer
May 1, 2006
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Craig...Summers played a very active role in leading our country into economic collapse. But hey...he has great credentials! I don't recall the Left criticizing his appointment at the time...but now that a scapegoat is needed...well that's different.

Doc, listen carefully. There are two issues here, both of which I addressed.

One is, is he *good* in his role? I answered that, progressives oppose him, blame him for his corporatist policies under Clinton, and blame Obama for appointing him.

The second is the attack that the problem with him is a lack of experience.

I answered that NOT by saying 'he's experience and so he's great' as you claim, but by saying 'the problem with him isn't a lack of experience - he's experienced - but policy'.

Q: Who, after all, appointed Summers in the first place? A: Perhaps, just perhaps, a community organizer who doesn't know shit from Shinola about economics.

And this is frankly an idiotic argument.

It's really an embarrassment for you and anyone who makes it for it to get a response, but for one thing, Obama was not elected directly from 'community organizer' to President - not that I'm saying that that couldn't be a good thing, but it's a false implication - second, you don't understand how Presidents work. What made Carter an economics expert? What made Reagan an economics expert? What made Clinton an economics expert?

Presidents have some of our best economists at their service, whether appointees, or board members, or commentators or other roles. They don't have to be 'experts'.

It's no different than the fact they choose which general will run a war, and don't have to be 'military experts'. They have plenty of advisors who are experts.

The problem with Obama appointing Sumners has NOTHING to do with Obama being a 'community organizer' - an 'attack' idiots make as if just saying the words discredits Obama, which it does not - or Obama not understanding economics. It has to do with Obama's *policy priorities*, his excessive compromising. It should tell you more that from Bush to Obama we went from some Goldman Sachs officials to other Goldman Sachs officials and that that's the problem, not Obama's 'community organizer'.

And the ignorance by such attackers is further illustrated by their not making the same attack against far LESS qualified people like George W. Bush.

And I'd make the same point - worse than Bush's ignorance which was large, were his policy priorities, which were largely 'hand the keys over to the corrupt interests'.
 

JohnnyGage

Senior member
Feb 18, 2008
699
0
71
The old William F. Buckley quote rings true: "I would rather be governed by the first hundred people in the phone book than one hundred Harvard Professors"
 

Moonbeam

Elite Member
Nov 24, 1999
74,746
6,762
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Craig...Summers played a very active role in leading our country into economic collapse. But hey...he has great credentials! I don't recall the Left criticizing his appointment at the time...but now that a scapegoat is needed...well that's different.

Q: Who, after all, appointed Summers in the first place? A: Perhaps, just perhaps, a community organizer who doesn't know shit from Shinola about economics.

Please don't be a racist and refer to blacks being shoe shine boys. Please don't assume that somebody who doesn't know economics won't appoint a Harvard Professor to such a position. What you are calling stupid is actually high grade thinking. You are just stuffed full of economic opinions which differ than what the experts advise and you value your own above theirs, because you are egotistical and not very thoughtful. Try to have a little humility. You know nothing about economics. Don't have faith in your opinions. Be open minded and charitable in your thinking. Thank you.
 

Moonbeam

Elite Member
Nov 24, 1999
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"Craig is right, you people really are a bunch of loud-mouth idiots."

Just stating facts doesn't mean they'll see them. Hehehehehehehehe They have a facility for drowning the truth in noise. Mommy didn't give them enough attention.
 

Craig234

Lifer
May 1, 2006
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The old William F. Buckley quote rings true: "I would rather be governed by the first hundred people in the phone book than one hundred Harvard Professors"

Which is a very wrong opinion (from a Yale guy, btw). I'd like to see him 'governed' by Joe the Plumber. JFK was known for 'Harvard professors' put in power.

Note, I'm not endorsing all of them - some of them could be pretty bad ideologues and such, professors who study wars can be pretty lacking in appreciating the human costs.

This was IMO harmful hyperbole by Buckley he did not likely mean literally, just a cheap attack to appeal to the 'Joe six packs'.
 
Nov 30, 2006
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Doc, listen carefully. There are two issues here, both of which I addressed.

One is, is he *good* in his role? I answered that, progressives oppose him, blame him for his corporatist policies under Clinton, and blame Obama for appointing him.

The second is the attack that the problem with him is a lack of experience.

I answered that NOT by saying 'he's experience and so he's great' as you claim, but by saying 'the problem with him isn't a lack of experience - he's experienced - but policy'.



And this is frankly an idiotic argument.

It's really an embarrassment for you and anyone who makes it for it to get a response, but for one thing, Obama was not elected directly from 'community organizer' to President - not that I'm saying that that couldn't be a good thing, but it's a false implication - second, you don't understand how Presidents work. What made Carter an economics expert? What made Reagan an economics expert? What made Clinton an economics expert?

Presidents have some of our best economists at their service, whether appointees, or board members, or commentators or other roles. They don't have to be 'experts'.

It's no different than the fact they choose which general will run a war, and don't have to be 'military experts'. They have plenty of advisors who are experts.

The problem with Obama appointing Sumners has NOTHING to do with Obama being a 'community organizer' - an 'attack' idiots make as if just saying the words discredits Obama, which it does not - or Obama not understanding economics. It has to do with Obama's *policy priorities*, his excessive compromising. It should tell you more that from Bush to Obama we went from some Goldman Sachs officials to other Goldman Sachs officials and that that's the problem, not Obama's 'community organizer'.

And the ignorance by such attackers is further illustrated by their not making the same attack against far LESS qualified people like George W. Bush.

And I'd make the same point - worse than Bush's ignorance which was large, were his policy priorities, which were largely 'hand the keys over to the corrupt interests'.
Craig...listen carefully...my intent was not to blast Obama for his lack of knowledge regarding the intricacies of economics...it was to blast him for being stupid about choosing Summers in the first place to implement his economic policy priorities. We know Summers and what he did...the point is that Obama made a bad decision...a damn bad decision...which is most likely a direct manifestation of his lack of experience.

BTW...please try to focus...we're talking about Obama here...not Bush. You know...Obama...the other one who handed the keys over to the corrupt interests...that guy.
 
Nov 30, 2006
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Craig is right, you people really are a bunch of loud-mouth idiots.

The left has always been suspicious of both Summers and Geithner precisely because they were part of the financial system. They wanted an outsider who would be tough with the industry, however the mainstream opinions were that you needed people who knew the industry and had "experience" and "credentials". These two were picked because they were mainstream and could gain the support of republicans.

If you bothered to fucking read anything before running your mouth, you'd have found something like this: http://www.salon.com/news/opinion/glenn_greenwald/2009/04/04/summers/index.html and many similar complaints from the left about the duo around that time. But I suppose expecting deranged tea baggers to remember what happened just a year ago is too much.

Now the two, who were so heavily critisized by the left and were seen as Obama sucking up the the republicans, have somehow magically become "marxist".

I take back my comment calling you guys idiots. No, you guys are retarded.
Tell me...who's directly responsible for placing Summers and Geithner in power...Republicans or Democrats? Yeah...I know...this is probably a really tough question for you. Let me know if you need a hint.
 
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Craig234

Lifer
May 1, 2006
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Craig...listen carefully...my intent was not to blast Obama for his lack of knowledge regarding the intricacies of economics

You need to listen to yourself carefully and learn what you write.

...a community organizer who doesn't know shit from Shinola about economics.

...it was to blast him for being stupid about choosing Summers in the first place to implement his economic policy priorities. We know Summers and what he did...the point is that Obama made a bad decision...a damn bad decision...which is most likely a direct manifestation of his lack of experience.

And pay attention to what I wrote.

Sumner is a person very unpopular with the left. He has been one of the main corporatists and a leader who pushed the unpopular Clinton finance deregulation.

Liberals have complained Obama appointed him. Last night, a liberal commentator said whoever replaces him will be better.

Here we have someone who the right and left might agree was a poor appointment, with his pro-Wall Street approach

And no, it's not a 'lack of experience' primarily behind such an appointment.

BTW...please try to focus...we're talking about Obama here...not Bush. You know...Obama...the other one who handed the keys over to the corrupt interests...that guy.

You might not like the inconsistency of how some people treat Obama and Bush differently being pointed out. Too bad, it's a problem and it's pointed out.
 

Moonbeam

Elite Member
Nov 24, 1999
74,746
6,762
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Craig...listen carefully...my intent was not to blast Obama for his lack of knowledge regarding the intricacies of economics...it was to blast him for being stupid about choosing Summers in the first place to implement his economic policy priorities. We know Summers and what he did...the point is that Obama made a bad decision...a damn bad decision...which is most likely a direct manifestation of his lack of experience.

BTW...please try to focus...we're talking about Obama here...not Bush. You know...Obama...the other one who handed the keys over to the corrupt interests...that guy.

Obama didn't lack experience, he lacked economic expertise and he appointed an expert and followed his advise. It was an excellent decision the only logical one a President can make. On what do you base your opinion it was a bad decision. I hope to fuck you're not using 20 20 hind sight to arrive at your opinion. But I explained this above and you still go on about it.
 
Nov 30, 2006
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Obama didn't lack experience, he lacked economic expertise and he appointed an expert and followed his advise. It was an excellent decision the only logical one a President can make. On what do you base your opinion it was a bad decision. I hope to fuck you're not using 20 20 hind sight to arrive at your opinion. But I explained this above and you still go on about it.
http://www.youtube.com/watch?v=VsyS0oHLNFA
 
Nov 30, 2006
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And no, it's not a 'lack of experience' primarily behind such an appointment.
Then why else would you pick a fox to guard the hen house when the nation is at great peril? Just plain stupid?

You might not like the inconsistency of how some people treat Obama and Bush differently being pointed out. Too bad, it's a problem and it's pointed out.
I don't see how the perceived inconsistent treatment of Bush vs Obama by "some people" is even remotely germaine to our discussion regarding Summer. BTW...who are these "some people"? Here's a thought...perhaps you should take it up with "them" instead of me.
 
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