11 stunning revelations from Larry Summers’s secret economics memo to Barack Obama

11 stunning revelations from Larry Summers’s secret economics memo to Barack Obama. James Pethokoukis wades thru a 57-page “Sensitive & Confidential” memo written by economist Larry Summers (later head of the presidents’s National Economic Council) to president-elect Obama in December 2008 and finds it contains more than a few inconvenient truths which they hid from the public.

Author: Bonfire of the Absurdities

After 35 year career writing software for IBM mainframes, am now self-employed contractor thinking of joining a union and striking for higher wages. Cured morbid fear of heights when I learned to look at them as lengths standing on end. Uncompromising in refusal to accept browser cookies. Amateur investor who has accumulated a small fortune in the market after starting out years ago with a large one. For recreation, I run, hike, kayak and play tennis but will not consider synchronized swimming under any circumstances.

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I HATE THE MEDIA ™
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