Why Isn't The Following Post On DU's Front Page?

[SleeplessinSoCal]

48. Saw that. Doesn't seem to off balance his good work though.

From Kinsey: "In his notorious memo, Summers was doing his job and doing it well: thinking outside the box about how to help the poor countries that are supposed to be the World Bank's constituency. Plenty of outside-the-box thinking will be required from our next Treasury secretary too. Summers is famous for this, and for the abrasiveness that goes along with it. But the Obama administration won't have time, and shouldn't have the patience, for the umbrage game that dominated the recent political campaign. There is no point in making Larry Summers promise to behave himself. That just isn't his style, and if President-elect Obama can't face it, he should choose someone less likely to stir up fusses at regular intervals. That would be a pity."

http://voices.washingtonpost.com/postpartisan/2008/11/revisiting_one_lawrence_summer.html

"The Case for Fiscal Stimulus

There are a number of reasons why monetary policy is unlikely to provide stimulus going forwards: It would be difficult to lower interest rates further without putting the US dollar and commodity markets at risk. In an environment where banks and other firms are constrained by lack of capital, it is not clear that lowering interest rates will have a substantial effect on lending and borrowing. There are long lags between monetary policy changes and changes in the performance of the economy. As the recent takeover of Fannie Mae and Freddie Mac illustrates, financial authorities will face important challenges simply maintaining adequate liquidity in financial markets in the coming months.

Given all that has happened in the housing and financial sector, many observers have been surprised that overall economic performance has not been worse. This is in significant part a result of the stimulus to the economy provided by legislation passed last winter. Without that stimulus which is wearing out now, our economic situation would likely be even worse.

If new policy action is going to support the economy by raising the demand for goods and services, it likely will have to come on the fiscal side. Indeed, in a situation of excess capacity and a situation where interest rates are likely to be relatively rigid because of financial strains, the multiplier from fiscal policy is in the short run likely to be larger than normal. There is a strong case for the prompt enactment of further timely, targeted and temporary fiscal stimulus…"

http://www.hks.harvard.edu/news-events/news/testimonies/summers-testimony-house-budget-committee

I vote to take him off your list.