Lawrence Summers

Lawrence Summers was on the staff of President Ronald Regan’s Council of Economic Advisers. He served in the Clinton administration in various jobs, eventually being promoted to Secretary of the Treasury. As Treasury Secretary Summers was successful in pushing for capital gains tax cuts for the wealthy. While Treasury Secretary he teamed up with Kenneth Lay of Enron in order to urge the relaxation of environmental standards, in order to reassure the markets.

He sounds like one hell of a guy. Especially if you are a wealthy Republican. But this guy does not fit in with the views of people who supported President Barack Obama at all. Another loser Clinton re-tread.


LINK: http://en.wikipedia.org/wiki/Lawrence_Summers
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