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Barry Ritholtz–Translated into Truth: On Larry Summers Withdrawing from Fed Chair Consideration

Posted on September 16, 2013 by Kendall Harmon

Earlier today, I spoke with Larry Summers and accepted his decision to withdraw his name from consideration for Chairman of the Federal Reserve.

Larry was a critical contributor to the radical deregulation that was one of many causes of the worst economic crisis since the Great Depression. It was in no small part because of his lack of expertise, false wisdom, and inept leadership that the economy crashed and burned and even today is still failing to be to back to its full growth potential.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, Credit Markets, Currency Markets, Economy, Ethics / Moral Theology, Federal Reserve, History, Office of the President, Politics in General, President Barack Obama, Stock Market, The Banking System/Sector, The Credit Freeze Crisis of Fall 2008/The Recession of 2007--, The U.S. Government, Theology

One comment on “Barry Ritholtz–Translated into Truth: On Larry Summers Withdrawing from Fed Chair Consideration”

  1. Jim the Puritan says:
    September 16, 2013 at 5:09 am

    I’m surprised they didn’t nominate Barney Frank. Now there’s someone who is the architect of today’s economy.