Is Rahm Emanuel Trying to Force Out Larry Summers?


Scapegoat, Thy Name Is Larry Summers.

Articles on personality conflicts do not end up getting great exposure in the New York Times by coincidence. Someone has to push the story. Someone has to give the story credibility. And someone has to get sources to talk.

That is why Larry Summers should be starting his own death watch this morning. Jackie Calmes paints a picture of a sell out hindering the economic recovery of America. With unemployment numbers coming in even higher than what Obama said they’d be if his stimulus did not pass, someone must be made the scapegoat. Scapegoat, thy name is Larry.

How do I know it is Rahm Emanuel? Well, there are a couple of reasons why I know it.

First, have you ever, ever read a hit job like this in the New York Times where so many co-workers of the targer were willing to go on record or be named? We have Austin Goolsbee, Christina Romer, David Axelrod, and Tim Geithner all named. Who in the White House possibly has the clout to get them all to go on record?

And who, besides the President of the United States (and no, it can’t be him or the story would be different and contain speculation about the President’s confidence in Summers), is not talked about at all in the article? Rahm Emaneul, the Chief of Staff.

It is an interesting picture that Emanuel and his cohorts at the White House are painting:

People familiar with the deliberations say that Mr. Summers has been more populist than they expected for a right-of-center economist

In addition to Mr. Summers being argumentative and slowing progress on vital economic policies, he is also a sell out, his critics would have us believe. He is right-of-center, which the left will hate, but has “been more populist.” Why?

That has given rise to speculation among colleagues, associates and banking representatives that Mr. Summers is trying to win the Fed seat.

So not only has the personal case been made that Summers will not become Fed Chief, but his lobbying for the job made him sell out his core values all the while maintaining disruptive arguments internally.

Austin Goolsbee, who is out blaming the Bushies for GM, probably wants the job. Goolsbee is far to the left of Summers, will scare the mess out of Wall Street, and be much more in line with Obama and Emanuel.

To get him there, though, the case must be made that Summers is to blame for the economy continuing to suffer despite the smiles of the One. Rahm needs him gone, but according to the Times:

As for Mr. Summers, even as top administration officials acknowledge the occasional strains among economic advisers, they say the president is thrilled with the job Mr. Summers is doing in his current post.

Just who do you think the “top administration officials” are? One is, I bet, named Rahm and, because “the President is thrilled” with Summers, Rahm must undermine that confidence.


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I have suspected for months that Summers has been appalled that

Mike gamecock DeVine (Diary) Monday, June 8th at 9:54AM EST (link)

Obama took none of his advice on the stimulus and budget etc. Summers script totally changed after the campaign and esp since the late 90s when he was a free market champion. I think would be happy to get out of that sinking ship.

Mike DeVine’s Examiner.com, Charlotte Observer and The Minority Report columns
“One man with courage makes a majority.” – Andrew Jackson

"I regret. Therefore, I am."

6eorge Jetson (Diary) Monday, June 8th at 10:17AM EST (link)

Someone had a closeup of Summers rolling his eyes as Obama got pwned by Chavez. Summers is seated against the wall at the far right. He doesn’t seem to pleased when Chavez gave the book to the naive, smiling Obama. The book “gift” starts at about 30 seconds.

 
 

Reality Arrives.

Tbone (Diary) Monday, June 8th at 10:04AM EST (link)

Nobody with a lick of sense believed that the government could spend our way back tp prosperity. All the economic nonsense from TARP to now has not and will not work. All the fawning of the Obamedia and the speechifying around the world by President Shuck and Jive can’t overide the reality of the MASSIVE job losses of the last few months and the MASSIVE job losses to come.

Now we read that all the mortgage bailout nonsense is not going to work because, guess what, government spending/borrowing is driving interest rates up. DUH.

If the Republicans would get rid of its crap Congressional leadership and start pointing out the obvious, we would take back control of the House in a landslide come next year.

Envisioning when all that is Left is the Right.

amen, and add to that, that investors have been on strike since 2007 when the dems

Mike gamecock DeVine (Diary) Monday, June 8th at 10:09AM EST (link)

re-took congress and more have gone on strike since election day 2008 as they see only higher taxes, more regulations and hostility to small business formation.

And why no lending of consequence? No profits foreseen by the banks from the companies they would lend to.

Summers was an advocate for more business tax cuts that were rebuffed by Obama.

Mike DeVine’s Examiner.com, Charlotte Observer and The Minority Report columns
“One man with courage makes a majority.” – Andrew Jackson

 

Yeah, but look at the drubbing that the Conservatives

eburke (Diary) Monday, June 8th at 10:36AM EST (link)

just took in the European elections.

Oops. Sorry. That was the socialists.

“All that need be done for evil to triumph is for good men to do nothing.”

Unified Patriots

 

The massive job losses come first,

The_Gadfly (Diary) Monday, June 8th at 1:15PM EST (link)

The massive interest rate increases come second,

and finally we wind up a new and updated malaise a la Jimminy Carter.

All we need to do is manage to hold out for another three years against Al Queda, Iran, North Korea, Hamas, Hezbollah, the AGW fanatics, and socialized healthcare and the stage will be set for this generation’s Ronald Reagan.

See History does repeat itself!

And in case of doubt, see History does repeat itself!

 
 

Austin Goolsbee, Christina Romer, David Axelrod, and Tim Geithner

bobojake (Diary) Monday, June 8th at 12:04PM EST (link)

all should leave now with Summer not wait till we throw the thugs out in 2010.

 

A Whos Who of Mediocrity: Austin Goolsbee, Christina Romer, David Axelrod, and Tim Geithner

Alberta (Diary) Monday, June 8th at 2:07PM EST (link)

The lessers hate betters. Summers, he gone.

Sir, my concern is not whether God is on our side; my greatest concern is to be on God’s side, for God is always right.
Abraham Lincoln

 

It sounds like they all deserve each other,

Flagstaff (Diary) Monday, June 8th at 6:50PM EST (link)

based on the NYT article.

All those ideas, and often all of them are wrong. What good does it do to have twenty opinions if they’re all leftist opinions?

I think I’d have a very difficult time finding anything to agree with Austin Goolsby on, though.

“The press is so powerful in its image-making role that it can make a criminal look like he’s the victim and make the victim look like he’s the criminal. If you aren’t careful, the newspapers will have you hating the people who are being oppressed and loving the people who are doing the oppressing.”– Malcolm X, Audubon Ballroom, December 13, 1964