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Appoint Janet Yellen and NOT Larry Summers to be Fed Chairman

Created by H.S. on July 24, 2013

Larry Summers should not be appointed to the Fed Chairmanship because of:

1. His push to deregulate the financial system during the 1990s

2. His squelching of efforts by Brooksley Born and others to regulate derivatives in the 1990s

3. His short-sightedness about the possibility of a financial crisis, which stands in stark contrast to the prescience of Fed Vice Chairman Janet Yellen, who was until recently the front-runner for the Fed chair job -- and who would still make a far better Fed chair than Summers.

DON'T LET Larry Summers destroy the economy again

Economy & Jobs
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