SURVEY: 50% Oppose Larry Summers As Fed Chairman

Fresh from his nap.

Love this story.  Now that Geithner has removed his name from consideration, here's a look at Larry's chances to replace Bernanke.

Not good.

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Bloomberg

Almost half of global investors say President Barack Obama shouldn’t select former Treasury Secretary Lawrence Summers as the next chairman of Federal Reserve Board, according to the latest Bloomberg Global Poll of investors.

Only 17 percent of the 862 surveyed say it would be a good idea to appoint Summers, 57, to replace current Fed Chairman Ben S. Bernanke, 58, whose term expires in January 2014.  Thirty-four percent didn’t have an opinion and 49 percent said it was a bad idea.

The Nov. 27 poll of Bloomberg customers who are investors, traders or analysts was conducted by Selzer & Co., a Des Moines, Iowa-based company.  It has a margin of error of plus or minus 3.3 percentage points.

“Although Lawrence Summers is an exceptionally talented man, the Fed chair is in need of a man with less connections and entanglements to the establishment,” Fredrik Fyring, a derivatives trader at Skandinaviska Enskilda Banken in Stockholm.

Continue reading...

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Summers last month on Bloomberg.  Runs 1 minute.

'Nobody who holds Treasuries should worry about getting paid.  The U.S. will meet all its obligations.'

If you remember, both Summers and Geithner guaranteed last year that the U.S. would never be downgraded, and then it happened a few months later, in August of 2011.  So Mr. Somnolence is choosing his words quite carefully in this clip.

• Recent Rumors Say Summers Could Replace Bernanke In 2014...

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Dylan Ratigan annihlates Larry Summers while Steve Rattner sits in denial:

Dylan Ratigan with Barry Ritholtz and Steve Rattner.

"He's headed back to Harvard.  Presumably to teach students how to steal a whole bunch of other people's money, and then cover it up."

How Larry Wrecked Harvard's Endowment:

• Don't Let Larry Summers Anywhere Near Your Investments...
• Harvard Swaps Are So Toxic Even Summers Won’t Explain - Bloomberg
• Larry Summers loses 1/3 of Harvard's endowment ($1.8 Billion) on derivatives, gets promoted to White House

Comments

[Dr. Pitchfork]

Are you sure that's not the London Whale? Larry looks like he just snacked on a couple of small children. Irish ones are especially delicious, I hear.

[DailyBail]

Larry Summers On The Next U.S. Debt Downgrade

http://dailybail.com/home/larry-summers-on-the-next-us-debt-downgrade.html

[DailyBail]

Larry Summers Is An Economic War Criminal

http://dailybail.com/home/larry-summers-is-an-economic-war-criminal.html

Chris Whalen

[DailyBail]

Larry 'I Wrecked The Harvard Endowment' Summers As Realized In Cinema From 'The Social Network'

http://dailybail.com/home/larry-i-wrecked-the-harvard-endowment-summers-as-realized-in.html

[DailyBail]

Are you sure that's not the London Whale?

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And that's a recent snap from Bloomberg.

[john]

Larry Summers: It’s time to tax carbon and treats

http://www.washingtonpost.com/blogs/she-the-people/wp/2012/11/23/larry-summers-its-time-to-tax-carbon-and-treats/




http://rasica.files.wordpress.com/2013/01/338-0604204337-larry-summers-jabba.jpg?w=300&h=203

[SKINFLINT]

Dr. P, Easy on the Irish children there. The priests have been feasting on them for years. Not many left.

[Dr. Pitchfork]

Frau Merkel likes them roasted, baked or boiled. Monsieur Trichet says they're equally good in a fricassee or a ragout. (h/t Dean Swift)

[SKINFLINT]

Priests just like em raw. The horror.

[Backgammon]

Good Stuff today DB. Love all the variety.

On Sandy Hook, I posted a video some time ago, and no one responded. I was actually looking for opinions. Is our Government, that smart? Do they think that far ahead? I find it very strange that this happened on the same DAY as a practice for School Emergency!

On the Ford Foundation CIA mix, not one post mentions little Timmy Geithner's father's involvement along with Obama's mother in the Ford Foudation/CIA .


http://www.economicpolicyjournal.com/2012/03/ford-foundation-and-cia.html

Mar 21, 2012 ... As for the CIA not working through the Ford Foundation. ... Does make it kind of interesting that Geithner's father was in charge of microfinance

Tim Geithner's dad, Barack Obama's mom and the CIA - Cannonfire

http://www.cannonfire.blogspot.com/2009/02/tim-geithners-dad-barack-obamas...


Since we paddling in the sex & lies pool, how about this connection?

Is Obama a CIA Controlled Manchurian President? :

http://www.theintelhub.com/2012/03/22/is-obama-a-cia-controlled-manchurian-president/


Obama_Barack_and_Michelle_gay_blackmail_Rezko

http://www.newsfollowup.com/obama_phony_left_cia_ford_foundation_trilateral_soros.htm

My links are hot on my computer,but not always when I post them, ? Help.

[SKINFLINT]

BG, Horowitz had a pretty good article on the association of lil B and lil T back in the day. Don't know if the article is still archived in his web site. He is pretty much a righty there though he was hard left in the 60's. Don't know what made him flip. Sure there was some reason. Anyway he goes into great detail. Naome Klein goes into great detail about the Ford Foundation in different parts of the world. The black cars etc. Ventura goes deep on Fed stuff on his program. Pretty scary stuff and it makes it all the more shocking when people just think it ain't gonna happen, even though it has happened the world over. Keeps me awake at nights I can tell you.

[SKINFLINT]

BG, In my opinion, it seems the vote is gamed. If they can manipulate the LIBOR rate for years and launder money and hustle the entire us ecnomy it would seem vote fraud would be small potatoes. Just saying. Also, John Perkins has written a couple of books about the hustle on Latin American companies. They are written in a first person narrative. He was there with all the other criminals raping the south american econs.

[Backgammon]

Thank You SKINFLINT.

I have to start reading Daily Bail earlier in the day.


I will be sleeping with one eye open tonight!

[john]

The book Skin refers to if this:

http://en.wikipedia.org/wiki/Confessions_of_an_Economic_Hit_Man

[snip]

Confessions of an Economic Hit Man is a book written by John Perkins and published in 2004. It provides Perkins' account of his career with consulting firm Chas. T. Main in BOSTON. Before employment with the firm, he interviewed for a job with the National Security Agency (NSA). Perkins claims that this interview effectively constituted an independent screening which led to his subsequent hiring by Einar Greve,[1] a member of the firm (and alleged NSA liaison) to become a self-described "economic hit man".

According to his book, Perkins' function was to convince the political and financial leadership of underdeveloped countries to accept enormous development loans from institutions like the World Bank and USAID. Saddled with debts they could not hope to pay, those countries were forced to acquiesce to political pressure from the United States on a variety of issues. Perkins argues in his book that developing nations were effectively neutralized politically, had their wealth gaps driven wider and economies crippled in the long run. In this capacity Perkins recounts his meetings with some prominent individuals, including Graham Greene and Omar Torrijos. Perkins describes the role of an EHM as follows:

Economic hit men (EHMs) are highly-paid professionals who cheat countries around the globe out of trillions of dollars. They funnel money from the World Bank, the U.S. Agency for International Development (USAID), and other foreign "aid" organizations into the coffers of huge corporations and the pockets of a few wealthy families who control the planet's natural resources. Their tools included fraudulent financial reports, rigged elections, payoffs, extortion, sex, and murder. They play a game as old as empire, but one that has taken on new and terrifying dimensions during this time of globalization.