Two articles appeared on The Nation's homepage today regarding some potentially bad choices Obama may make in picking positions for his cabinet. The Summers Conundrum discusses the possibility that Obama might pick Lawrence Summers, one of the people involved in the financial crisis as well as a whole slew of economic disasters in other countries he advised in the past. This would seem absurd that he would even be considered to hold position of treasury secretary! The Nation even goes so far as to say Palin seems less scary compared to this choice:
The bailout, as currently implemented, threatens to devastate America's economy much as Russia's and Lithuania's were devastated before. The idea that this is exactly the right time and place to put Larry Summers in charge of our economy's future is so frightening that it makes the Sarah Palin vice presidential choice seem almost quaint by comparison. Let's hope the rumors are wrong.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment