Summers’ Withdrawal from Fed Candidacy a Progressive Victory

When Washington went to the beach, progressives opposed to the Summers nomination organized. What is clear now is that the Democratic wing of the Democratic Party is willing and able to challenge its Wall Street wing.
Summers’ Withdrawal from Fed Candidacy a Progressive Victory
Robert Borosage
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Summers’ Time: The Record That Should Keep Him Off The Fed

The “boys club” that dominates Obama administration economic policy is all in for Larry Summers. The divide between Summers' critics and the insiders dramatizes the looking-glass world that is today’s Washington.
Summers’ Time: The Record That Should Keep Him Off The Fed
Robert Borosage
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N.Y. Times Claims Summers Was Closet Regulation Supporter

The supporters of Larry Summers drive to be Fed chair are desperately trying to rewrite history so that this world class champion of financial deregulation was actually a prescient supporter of tighter regulation all along.
N.Y. Times Claims Summers Was Closet Regulation Supporter
Dean Baker
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Banknado

It’s a real-life disaster movie, one that’s left neighborhoods in ruins all across the country, killed thousands of people, and ruined millions of lives. You might call it a “Banknado.” Yes, we know the “Sharknado” craze ended about ten days […]
Richard Eskow
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A Surprise Ending for Larry Summers and the Fed?

Whoever said, “What you don’t know can’t hurt you” doesn’t know much about economics. That goes double for the nomination of Lawrence Summers to head the Federal Reserve. For all […]
Richard Eskow
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Not Sexist Summers, Please

Larry Summers for the Fed? Seriously? There are better choices for Federal Reserve chair; in particular, Janet Yellen is more than qualified and would do a great job. Ezra Klein […]