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(108,903 posts)
Sat Sep 14, 2013, 09:46 AM Sep 2013

Four Key Democrats Are Now Opposed To Larry Summers, And That Could Be Devastating For His Candidacy [View all]


A fourth Democrat on the Senate Banking Committee plans to oppose Larry Summers' potential nomination to chair the Federal Reserve Board, something that could be devastating to his candidacy.

Sen. Jon Tester's (D-Mont.) office told Reuters that Tester plans to oppose Summers, who is widely considered the front-runner to be tapped by President Barack Obama in the coming weeks. His office didn't immediately respond to a request seeking confirmation.

President Obama is thought to prefer Summers over Fed Vice Chair Janet Yellen, who is the preferred candidate of many Democrats and many on the left.

The Senate Banking Committee must approve Summers' potential nomination before it goes to the Senate for full confirmation, something that looks increasingly unlikely. The Wall Street Journal reported last week that Democratic Sens. Elizabeth Warren (Mass.), Sherrod Brown (Ohio), and Jeff Merkley (Ore.) are expected to oppose Summers in committee.

Read more: http://www.businessinsider.com/larry-summers-fed-chair-nomination-elizabeth-warren-jon-tester-2013-9#ixzz2esI0HHLD
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I see rides in Air Force One in their future.......... djean111 Sep 2013 #1
no small planes...... lastlib Sep 2013 #27
Does this individual ever take a photo that does not show him as repellent freak? Safetykitten Sep 2013 #2
i'm not sure it's possible for him -- he doesn't have a 'good side'. nt xchrom Sep 2013 #3
ha, ha, ha, you made me laugh Phlem Sep 2013 #40
"I like you folks, and I'm going to throw in the under-body coating no extra charge." IDemo Sep 2013 #53
I've seen him in person and he acts like a jerk... CTyankee Sep 2013 #60
Good. nt LWolf Sep 2013 #4
I was reading a DUer yesterday who claimed opposition to Summers was 'abject hate' Bluenorthwest Sep 2013 #5
+1 xchrom Sep 2013 #7
Because their love object is being asked/questioned on his choice. Because Obama. Safetykitten Sep 2013 #10
love object Kolesar Sep 2013 #11
The fact the haves outnumber the have nots is problematic. This ensues. Safetykitten Sep 2013 #16
I think its more than a love object. HooptieWagon Sep 2013 #51
Hate is their one trick pony Autumn Sep 2013 #14
Yeah I saw it too Populist_Prole Sep 2013 #23
I saw that and was not surprised. Excellent replies, by the way. LuvNewcastle Sep 2013 #33
Not only are you calling out one DU'er, you totally mischaracterize that person's statement KittyWampus Sep 2013 #54
Mischaracterized? I quoted it and provided a link so others can check my work. Bluenorthwest Sep 2013 #61
Is that the same DUer who says that "you have plenty of rights"? QC Sep 2013 #58
Yes, and also 'there is only one right you people don't have' Bluenorthwest Sep 2013 #62
Not enough FBaggins Sep 2013 #6
So true...he's in already. He's probably selecting new staff now. Safetykitten Sep 2013 #9
They don't want to go against the President, the Republicans, the banksters, or the 1%. Larry Ogg Sep 2013 #39
Works for me Champion Jack Sep 2013 #8
K&R Starry Messenger Sep 2013 #12
k/r marmar Sep 2013 #13
one can hope niyad Sep 2013 #15
Summers is part of the problem (deregulation) JEB Sep 2013 #17
In monetary/economic matters Iwillnevergiveup Sep 2013 #18
Agreed! I follow her lead. My own reps are good, but Warren speaks for me! mountain grammy Sep 2013 #21
YES! YES! YES! Demeter Sep 2013 #19
Yes, indeed. We take them any way we can get them. libdem4life Sep 2013 #29
Begich is also opposed. Blue_In_AK Sep 2013 #20
DURec leftstreet Sep 2013 #22
That photo looks like a caricature. Baitball Blogger Sep 2013 #24
It should. He's the poster boy for Wall Street greed and incompetence. LuvNewcastle Sep 2013 #34
And people who support poster boys for greed and incompetence are also part of the problem... Larry Ogg Sep 2013 #45
Agreed. n/t LuvNewcastle Sep 2013 #46
'President Obama is thought to prefer Summers over Fed Vice Chair Janet Yellen' spanone Sep 2013 #25
So do YOU support Obama choosing Summers? Yes or no? Any reasons? Divernan Sep 2013 #30
nope. i'll wait till he chooses him to judge the President. spanone Sep 2013 #32
Keep your eye on MJJP21 Sep 2013 #26
Four? abelenkpe Sep 2013 #28
I'm glad to see heaven05 Sep 2013 #31
inch by inch tiredtoo Sep 2013 #35
Blowing holes in a sinking ship isn't making progress if... Larry Ogg Sep 2013 #48
a different perspective than mine tiredtoo Sep 2013 #55
Turning the rudder on a ship that has sailed off course is one thing... Larry Ogg Sep 2013 #59
so tiredtoo Sep 2013 #64
Krugman for Chairman! Cryptoad Sep 2013 #36
Thanks to my Senator . . FairWinds Sep 2013 #37
Sherrod is a good man 90-percent Sep 2013 #41
What is all this hate about Summers ??? I don't understand it at all. BlueJazz Sep 2013 #38
+1.... And easy on the eyes too groundloop Sep 2013 #44
That's the Summers he wants to nominate? Spirochete Sep 2013 #47
LOL!...I forgot about her. BlueJazz Sep 2013 #49
Good for them. another_liberal Sep 2013 #42
Like Syria, look at the time elapsed DFW Sep 2013 #43
You might be right. LuvNewcastle Sep 2013 #50
I'd be upset either way if things happen "for the wrong reasons" DFW Sep 2013 #52
President Obama tiredtoo Sep 2013 #56
Well, let's hope so. nt eppur_se_muova Sep 2013 #57
Call call call grahamhgreen Sep 2013 #63
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