Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Is Larry Summers Leaving???

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
monmouth Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-07-10 03:31 PM
Original message
Is Larry Summers Leaving???

I'm posting from the middle of the article, the part I found most interesting. The entire article is a good read..

But what really makes me believe that Summers won't stick around is that all this Machiavellian intrigue has failed to win him what he wanted most: power. Summers gets plenty of presidential face time, but he's not the nexus of White House activity that everyone expected him to be, and that doesn't sit well according to the Summers associates I spoke with. In my Atlantic piece, I go into considerable detail about how Geithner, and not Summers, came to be the key person on financial matters. But it wasn't just finance. Energy and health care care were also routed elsewhere, to Carol Browner and Nancy Ann DeParle. The hand-holding of anxious lawmakers that became an integral part of the NEC job under Summers's mentor, Bob Rubin, is being handled by another economist, Mark Zandi, a former McCain adviser. Marc points out that Summers does "ride herd over the administration's infrastructure renewal program." But I'd wager that infrastructure renewal is not what Larry Summers pictured for himself when he arrived at the White House. The question in my mind is not why Summers would leave, but why he would stay?



Complete article at: http://www.huffingtonpost.com/2010/04/07/larry-summers-leaving-thi_n_528443.html
Printer Friendly | Permalink |  | Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC