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

[xchrom]

http://www.businessinsider.com/larry-summers-fed-chair-nomination-elizabeth-warren-jon-tester-2013-9



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

[djean111]

1. I see rides in Air Force One in their future..........

[lastlib]

27. no small planes......

[Safetykitten]

2. Does this individual ever take a photo that does not show him as repellent freak?

[xchrom]

3. i'm not sure it's possible for him -- he doesn't have a 'good side'. nt

[Phlem]

40. ha, ha, ha, you made me laugh

first thing in the morning, thank you for that. It's gonna be a good day.

-p

[IDemo]

53. "I like you folks, and I'm going to throw in the under-body coating no extra charge."

[CTyankee]

60. I've seen him in person and he acts like a jerk...

We were waiting for a flight at JFK that he was on and he was talking very loudly on his phone...he is also very schlumpy looking. I'd hate to see his table manners...

[LWolf]

4. Good. nt

[Bluenorthwest]

5. I was reading a DUer yesterday who claimed opposition to Summers was 'abject hate'

but when asked to state reasons to support Summers, they said they did not know anything about him, just 'shocked at the abject hate' expressed by those daring to oppose Obama's choice. They always say it is 'hate'. Abject hate, shocking hate.
http://election.democraticunderground.com/10023660884#post19

[xchrom]

7. +1

[Safetykitten]

10. Because their love object is being asked/questioned on his choice. Because Obama.

[Kolesar]

11. love object

http://www.democraticunderground.com/?com=view_post&forum=1002&pid=3663049

[Safetykitten]

16. The fact the haves outnumber the have nots is problematic. This ensues.

[HooptieWagon]

51. I think its more than a love object.

Lately they seem to regard him as a diety. Srsly, I think they've become a religious cult.

[Autumn]

14. Hate is their one trick pony

[Populist_Prole]

23. Yeah I saw it too

He/she was trying to use sophistry to wriggle out of that argument. I won't say the user name, but when I see it, said user quite often has a notable "Third-Way" bent to him/her postings.

[LuvNewcastle]

33. I saw that and was not surprised. Excellent replies, by the way.

[KittyWampus]

54. Not only are you calling out one DU'er, you totally mischaracterize that person's statement

So for all the idiotic parroting +1's you get affirming your post here… it's total bullshit.

You are basically lying about another DU'er.

[Bluenorthwest]

61. Mischaracterized? I quoted it and provided a link so others can check my work.

I challenge you to point out one false statement in my post. You can use the link I provided for your convenience.
Calling me a liar is some bad stuff, and you need to show your work. I gave a bloody link to the posts.
You are lying about me, Kitty. Note the link free, citationless nature of your post. You declare, while I offer the words of the shouter of 'abject hatred'.
People can read what's at that link Kitty, and I hope they do. It's quite a display of box of rocks typing.

[QC]

58. Is that the same DUer who says that "you have plenty of rights"?

Seems likely.

[Bluenorthwest]

62. Yes, and also 'there is only one right you people don't have'

Charming stuffs. But it's all 'for Obama' of course.

[FBaggins]

6. Not enough

There are too many moderate Democrats on that committee... and plenty of others that wouldn't go against the President.

[Safetykitten]

9. So true...he's in already. He's probably selecting new staff now.

[Larry Ogg]

39. They don't want to go against the President, the Republicans, the banksters, or the 1%.

It's like, who do we think all these bought and paid for puppet politicians in our pretend democracy should be working for, the 99%?

Dream on!

[Champion Jack]

8. Works for me

Just say NO to summers

[Starry Messenger]

12. K&R

[marmar]

13. k/r

[niyad]

15. one can hope

[JEB]

17. Summers is part of the problem (deregulation)

and will only continue policies that are killing our middle and working class. He'd be great for the 1%, so my guess is he gets the nod.

[Iwillnevergiveup]

18. In monetary/economic matters

always listen to Elizabeth Warren. A big fat thumbs down for this guy.

K&R

[mountain grammy]

21. Agreed! I follow her lead. My own reps are good, but Warren speaks for me!

[Demeter]

19. YES! YES! YES!

Now all we need is John Kerry to make another sarcastic remark....and bingo! We win again!

[libdem4life]

29. Yes, indeed. We take them any way we can get them.

[Blue_In_AK]

20. Begich is also opposed.

He's not on the banking committee, but he has publicly stated he'll be a no vote if a vote comes to the full Senate.

[leftstreet]

22. DURec

[Baitball Blogger]

24. That photo looks like a caricature.

[LuvNewcastle]

34. It should. He's the poster boy for Wall Street greed and incompetence.

He is the best representation of everything that's wrong with our economic system, and some people want to put him in charge of it.

[Larry Ogg]

45. And people who support poster boys for greed and incompetence are also part of the problem...

And people who support people who are part of the problem are also part of the problem, etc. etc...

[LuvNewcastle]

46. Agreed. n/t

[spanone]

25. 'President Obama is thought to prefer Summers over Fed Vice Chair Janet Yellen'

and last week he was 'thought' to be a warmongering asshole just like george bu$h

[Divernan]

30. So do YOU support Obama choosing Summers? Yes or no? Any reasons?

[spanone]

32. nope. i'll wait till he chooses him to judge the President.

[MJJP21]

26. Keep your eye on

Davita Vance-Cooks

[abelenkpe]

28. Four?

All democrats should oppose his nomination.

[heaven05]

31. I'm glad to see

Dr. Warren's name on the opposed list. Last week she was still unsure/no comment.

[tiredtoo]

35. inch by inch

We are making progress. It is a long haul with many obstacles in the path but I think we are indeed moving forward. If Summers gets the nod and the nomination it will be a setback but not a complete loss. We are at least getting them to think about our concerns. Of course just throwing Summers under the bus would be ideal but we have to take what ever we can get at the moment and then carry on to the next battle. Never give up!

[Larry Ogg]

48. Blowing holes in a sinking ship isn't making progress if...

Your goal is to stop the ship from sinking!

[tiredtoo]

55. a different perspective than mine

rather than blowing holes in a sinking ship i prefer to look at it as turning the rudder on a ship that has sailed off course.

[Larry Ogg]

59. Turning the rudder on a ship that has sailed off course is one thing...

But turning it onto a reef doesn't put it back on course, it puts holes in it, and then the ship starts to sink. At which time, blowing holes in a sinking ship isn't making progress if your goal is to stop the ship from sinking!

But if you insist on staying with "off course", a sinking ship is also off course. Instead of going across the ocean, its going to the bottom of the ocean, and turning the rudder isn't going to save it. Of course, denial and magical thinking can make you think otherwise.

Good luck with your off course thinking, you will have a lot of company when reality finally sinks in.

[tiredtoo]

64. so

your suggestion is ?

[Cryptoad]

36. Krugman for Chairman!

[FairWinds]

37. Thanks to my Senator . .

Sherrod Brown for getting this mostly right. I'll send him another one of my pathetically small checks as a campaign contribution.
But he & Liz & the others should go farther - by committing in advance to filibuster any Summers nomination. Put a hold on it too !!

[90-percent]

41. Sherrod is a good man

He appointed Frank Zappa Ohio Atty General for the day back in the late 80's.

In recognition of Zappa's voting registration drives during the 1988 tour.

Plus Sherrod is a regular on MSNBC Prime Time

-90% Jimmy

[BlueJazz]

38. What is all this hate about Summers ??? I don't understand it at all.

I mean, she wasn't my favorite but I did like her.
.
.
.

[groundloop]

44. +1.... And easy on the eyes too

[Spirochete]

47. That's the Summers he wants to nominate?

my mistake - I thought it was this one:

[BlueJazz]

49. LOL!...I forgot about her.

[another_liberal]

42. Good for them.

He has no business holding a position of such power.

[DFW]

43. Like Syria, look at the time elapsed

This does not mean Summers is in or out, but everyone was so positive that the missiles were going to rain down on Syria any second, and Obama wriggled out of it, realizing, correctly, that he might well have been heading into a decision he would regret soon after making it.

I think the Summers nomination could well be headed int the same direction. If Obama had been 100% decided on Summers, I think the name would have been placed in nomination long before now. It may still happen, but one thing is for sure, and that he is aware of the clamor for Summers' name to to be removed from the "A" list, and quickly. No matter how much he might have preferred Summers, he is not eager for a drawn-out fight over it, and most certainly not with prominent and popular Democrats. I think Obama is (wisely) looking for a way to have Summers' name disappear from his top choices, and is taking the time to let a little grass grow over its former inevitability. Picking a fight with nut case Republicans who can't be taken seriously is one thing. A Democratic president picking a fight with Elizabeth Warren and Sherrod Brown is another matter entirely. That's not one he wants to join.

[LuvNewcastle]

50. You might be right.

It would really be foolish to have a squabble within the party over a piece of shit like Summers. I think he's considering Summers because he owes some favors and that's what these people want as payback. If enough opposition builds, he'll be able to say that it can't be done. That's why it's necessary to keep up the pressure and raise as much hell as possible. I will be really shocked if he picks Yellen, though. If we keep Summers out, we still probably won't like who he chooses.

[DFW]

52. I'd be upset either way if things happen "for the wrong reasons"

I'd hate to see Summers picked for imagined past payback obligations, and I'd hate to see Yellen rejected just to placate the disappointed Summers supporters who didn't get their way. I fumed when Howard Dean was not picked to run HHS. I'd hate to see a re-run of that.

[tiredtoo]

56. President Obama

is in his last term. He does not have to pay anyone back. The President should have no concerns about fighting either the Republicans or the Democrats, he should do what is best for the country. and Yes we should call out for a filibuster if needed to keep Summers out of power.

[eppur_se_muova]

57. Well, let's hope so. nt

[grahamhgreen]

63. Call call call