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In reply to the discussion: EXCLUSIVE: The Memo that Larry Summers Didn’t Want Obama to See [View all]leveymg
(36,418 posts)35. He was a global hitman before he turned his attention to the US economy. He restructured Russia.
That involved a great amount of pain for regular people, too, and ended up putting the country and its resources under the control of the Oligarchs (Russian Mafia and former KGB). Same is happening here, as we write.
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Agreed! I just wanted to interpret for non-economists what Romer was actually referring to, and
leveymg
Feb 2012
#21
it wasn't even a matter of intelligence but of intent and lack of conscience on the part of
yurbud
Feb 2012
#32
criminality and economic terrorism seem to be primary qualifications to direct our economic policy
yurbud
Feb 2012
#33
see my economic hitman comment. also, the brooksley borne incident makes it clear
yurbud
Feb 2012
#38
He was a global hitman before he turned his attention to the US economy. He restructured Russia.
leveymg
Feb 2012
#35
Ultimately, it's on Obama for hiring Summers and giving him such a key role.
girl gone mad
Feb 2012
#29