We urge President Obama to nominate Paul Krugman for Treasury Secretary. Krugman will protect Social Security and Medicare from benefit cuts, promote policies to create jobs, and help defeat the austerity dogma in Washington and around the world.
It is time for a Treasury Secretary who is not committed to preserving and protecting Wall Street's control of the United State's economy. The TARP bailout of "too big to fail" banks paid off the very people who destroyed our economy.
In 2008, Krugman won the Nobel Memorial Prize in Economic Sciences. It's time we have Nobel Prize winning Treasury Secretary who isn't owned by bankers and Wall Street.