Larry Summer's advice to Elizabeth Warren
Sep 30, 2017 09:08:29 #
Elizabeth Warren:
In early April, I got a call from the office of Larry Summers. I didn’t know Larry well, but I’d met him a few times while he was president of Harvard in the early 2000s. According to reports, Larry had been Tim Geithner’s mentor when they were both in the Treasury Department in the 1990s. Now Larry was the director of the National Economic Council, which meant that, along with Secretary Geithner, he advised President Obama on economic issues. Would I be interested in meeting him for dinner?
Sure, I replied. Larry’s office suggested the Bombay Club, an Indian restaurant near the White House. Quiet and softly lit, it served Washington’s power elite.
When Larry arrived for our dinner, he ordered a Diet Coke as soon as he sat down. He glanced at the menu, ordered quickly and soon the food started coming.
It was a long dinner, with plenty of intense back-and-forth about everything from the bailout, to deregulation, to the foreclosure crisis. I also talked to Larry about an idea I’d been working on for a new consumer financial agency and he seemed interested. We didn’t agree on everything, but I give Larry full credit: I’ll take honest conversation and debate any day of the week over the duck-and-cover stuff I so often saw in Washington that spring.
Late in the evening, Larry leaned back in his chair and offered me some advice. By now, I’d lost count of Larry’s Diet Cokes, and our table was strewn with bits of food and spilled sauces. Larry’s tone was in the friendly-advice category. He teed it up this way: I had a choice. I could be an insider or I could be an outsider. Outsiders can say whatever they want. But people on the inside don’t listen to them. Insiders, however, get lots of access and a chance to push their ideas. People — powerful people — listen to what they have to say. But insiders also understand one unbreakable rule: They don’t criticize other insiders.
I had been warned.
http://billmoyers.com/2014/09/05/i-had-been-warned/
In early April, I got a call from the office of Larry Summers. I didn’t know Larry well, but I’d met him a few times while he was president of Harvard in the early 2000s. According to reports, Larry had been Tim Geithner’s mentor when they were both in the Treasury Department in the 1990s. Now Larry was the director of the National Economic Council, which meant that, along with Secretary Geithner, he advised President Obama on economic issues. Would I be interested in meeting him for dinner?
Sure, I replied. Larry’s office suggested the Bombay Club, an Indian restaurant near the White House. Quiet and softly lit, it served Washington’s power elite.
When Larry arrived for our dinner, he ordered a Diet Coke as soon as he sat down. He glanced at the menu, ordered quickly and soon the food started coming.
It was a long dinner, with plenty of intense back-and-forth about everything from the bailout, to deregulation, to the foreclosure crisis. I also talked to Larry about an idea I’d been working on for a new consumer financial agency and he seemed interested. We didn’t agree on everything, but I give Larry full credit: I’ll take honest conversation and debate any day of the week over the duck-and-cover stuff I so often saw in Washington that spring.
Late in the evening, Larry leaned back in his chair and offered me some advice. By now, I’d lost count of Larry’s Diet Cokes, and our table was strewn with bits of food and spilled sauces. Larry’s tone was in the friendly-advice category. He teed it up this way: I had a choice. I could be an insider or I could be an outsider. Outsiders can say whatever they want. But people on the inside don’t listen to them. Insiders, however, get lots of access and a chance to push their ideas. People — powerful people — listen to what they have to say. But insiders also understand one unbreakable rule: They don’t criticize other insiders.
I had been warned.
http://billmoyers.com/2014/09/05/i-had-been-warned/
Sep 30, 2017 09:11:41 #
payne1000 wrote:
b Elizabeth Warren: /b br br i In early April,... (show quote)
Didn't help much with her ignorance.
Sep 30, 2017 09:53:59 #
padremike
Loc: Phenix City, Al
payne1000 wrote:
b Elizabeth Warren: /b br br i In early April,... (show quote)
I didn't know anyone could talk like that to a female Native American without getting in a social justice controversy.
Sep 30, 2017 15:35:01 #
padremike wrote:
I didn't know anyone could talk like that to a female Native American without getting in a social justice controversy.
Larry Summers is Jewish. He was telling Warren that if she wants to be an insider, she cannot criticize the Jews who are in control of the U.S. banking system.
Sep 30, 2017 15:45:40 #
padremike
Loc: Phenix City, Al
payne1000 wrote:
Larry Summers is Jewish. He was telling Warren that if she wants to be an insider, she cannot criticize the Jews who are in control of the U.S. banking system.
Still no sense of humor I see.
Sep 30, 2017 18:54:07 #
Sep 30, 2017 20:44:34 #
padremike
Loc: Phenix City, Al
payne1000 wrote:
Post some humor and I'll react accordingly.
Nasty Bastards have no sense of humor. They're often too busy hating Jews.
Oct 1, 2017 09:11:49 #
padremike wrote:
Nasty Bastards have no sense of humor. They're often too busy hating Jews.
You obviously hate Elizabeth Warren.
Is it because she exposes some of the crimes of your Jewish heroes?
Oct 1, 2017 12:31:01 #
Oct 1, 2017 12:33:45 #
Oct 1, 2017 12:39:49 #
Elizabeth Warren aggressively questions Trump's Secretary of Education nominee, Betsy DeVos: https://www.youtube.com/watch?v=wnibHBkDFO4
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