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Community Corner

Shell-Game

Today's news- Elisabeth Warren reveals the personal attacks she indured from Larry Summers. Larry Summers criticized her as an "outsider" who would never succeed remaining an outsider and not an "insider", like himself. Summers is an insider all right, inside government and the banking industry simultaneously. It was Larry Summer and Tim Geightner who served in the Clinton administration, and were the architects of dissolving the Glass-Steagal Act that separated commercial banks from casino-like operated investment banks.  That act of "de-Reuglation" was the reason for the financial collapse under George W Bush's watch in September 2008, when "de-Rulation" was carried to an extreme.  Serving in the Obama administration, these carney shell-game operators crafted "banking reform" with restrictive clauses, to allow business as usual. Summers and Geightner then went back into the banking industry/Wall Street to advise how to maneuver  around the new rules-regulations-laws. they helped make.  All very incestuous.  Who's says Republicans and Democrats do not cooperate- Both are vassals to Wall Street, and an agenda of profits with no moral base or consideration. Larry Summers is critical of women saying their math skills are inferior to men. Summers must be beside himself that Janet Yellen is the new FED director, an organization that supremely operates in the numbers/math game. And it is a game! Elisabeth Warren is a breath of fresh air in an environment that has the stench of an out-house- Washington-Congress.   P3    #loosechange.com

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