A Surprise Ending for Larry Summers and the Fed?

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A Surprise Ending for Larry Summers and the Fed?

A Surprise Ending for Larry Summers and the Fed?

HuffPO-

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 the ink that’s been spilled on the topic, there’s at least one surprise ending people don’t seem to be considering.

Remember the last time Summers was strapped to a trial balloon and exposed to this kind of a public dart-throwing contest? It was back when Obama was searching for his first Treasury Secretary. There was a public outcry against Summers then, too, and guess what happened:

We got Tim Geithner instead.

I’m against the Summers nomination too, but as they say: Be careful what you wish for.

99 Balloons

[HUFFINGTON POST]

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