Economist, Larry Summers, has consistently delivered poor judgment and policy decisions during his many years as a governmental economic advisor. His long, aggressive, incorrect insistence on deregulating commercial/investment banking operating rules and related consumer protections - e.g., derivatives/credit default swaps and unprecedented housing/mortgage defaults and frauds - were major contributors to the Great Recession in the USA and much of the rest of the world. His "solutions" to bailout mega-corporations and their executives' jobs and compensation - versus correcting massive housing sector abuse, desperately needed job creation, and resulting middle/lower class families' lifetime losses - render Mr. Summers unfit for appointment as Federal Reserve Chair or other senior positions.
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