Wednesday, September 22, 2010

The Larry Summers Experience Is Over

Not a moment too soon:
Lawrence Summers, the White House's top economic adviser, will leave at the end of the year and return to his position as a professor at Harvard University, according to a statement released by the White House today. (The news was first reported by Hans Nichols of Bloomberg News.)

Earlier today, amid rumors of their departure, White House Spokesman Robert Gibbs said that President Obama is "enormously pleased" with the performance of Summers and Treasury Secretary Tim Geithner, Reuters reported.
 Well, we can at least have one day to rejoice...
To fend off claims of being anti-business, the Obama administration may replace Summers, who serves as the director of the president's National Economic Council, with a top corporate executive, Bloomberg reports.
To fend off... claims... that he's been... anti-busi...AARRRRRRGGGGGHHHHHHH


  1. Come on, think positive. Summers is going away.
    Party? There should be a good-riddance party. We'll worry about his corporate whore replacement later. For now, excessive drinking! We can call it the American Brewery Recovery and Reinvestment Bender.
    In favor? Opposed?