
Great news about Obama’s new pick to head the CEA, Alan Krueger, the so-called “labor economist.” Yeah, he labors all right: He labors hard to be Larry Summers’ tennis partner. And believe you me, being Larry Summers’ tennis partner is like being a made man in the mob. Krueger understood who butters his bread in this town: Larry Summers, the same guy who took everyone else’s bread and butter, not just in America but the world over.
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This article was first published in Alternet. Now that the shock of the Gabrielle Giffords shooting is starting to wear off and the country is returning to its normal insanity again, we’re back to facing a far worse, far more…
This article was first published in The eXile on April 27, 2000. The nonviolent teach-in at a church in Colombia Heights just begged to be sneered at. You couldn’t help it. Here in the church basement, hundreds of protest-eager students…
It’s that time of the year again when AIG’s executive bonuses are announced…and as every American raised on sitcoms knows, this means it’s that time in the show when the plot-twist causes the audience to gasp, and the camera cuts…
There was a leak yesterday to Bloomberg that the Fed is making plans to “drain” $1 trillion from the US economy. Because supposedly our economy is overheating with too much money—not that anyone you or I know has seen a…
What does the mysterious helicopter crash that killed one of India’s most popular politicians have to do with White House economic czar Larry Summers? Read on…
The best way to understand Larry Summers, the man who’s shaping America’s economy from his director’s chair at the National Economic Council, is to meet the people he hangs out with. Once you get to know Larry Summers’ crowd, nothing…
Is Larry Summers taking kickbacks from the banks he’s bailing out? Last month, a little-known company where Summers served on the board of directors received a $42 million investment from a group of investors, including three banks that Summers, Obama’s…