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→Larry Summers - Corrupt and Incompetent Chief Economic Advisor to Obama
[[Image:LarrySummers.jpg|thumb|right|200px|thumbnail|[[Larry Summers]] ]]
[[Image:LarrySummers.jpg|thumb|right|200px|thumbnail|[[Larry Summers]] ]]
=== Larry Summers - Corrupt and Incompetent Chief Economic Advisor to Obama ===
=== Larry Summers - Corrupt and Incompetent Chief Economic Advisor to Obama ===
[[Lawrence Summers]] is the Director of the [[White House]]'s [[National Economic Council]] (NEC) for President Barack Obama. The NEC was established to advise the U.S. President on U.S. and global economic policy.<ref>http://www.whitehouse.gov/administration/eop/nec/</ref> In the wake of the failure of President Obama's economic stimulus and rising [[unemployment]], calls for Summers resignation have increased.<ref>http://www.now.org/press/01-05/01-20-Harvard.html</ref> Summers favored the bailouts of Wall Street firms and banks.<ref>http://blogs.abcnews.com/george/2009/02/obama-administr.html</ref>
[[Lawrence Summers]] is the Director of the [[White House]]'s [[National Economic Council]] (NEC) for President Barack Obama. The NEC was established to advise the U.S. President on U.S. and global economic policy.<ref>http://www.whitehouse.gov/administration/eop/nec/</ref> In the wake of the failure of President Obama's economic stimulus and rising [[unemployment]], calls for Summers resignation have increased.<ref>http://www.now.org/press/01-05/01-20-Harvard.html</ref> Summers favored the bailouts of Wall Street firms and banks.<ref>http://blogs.abcnews.com/george/2009/02/obama-administr.html</ref> A [[United Nations]] panel, which includes billionaire investor [[George Soros]] and Larry Summers, has recommended a global $38 billion [[Cap and trade|carbon-emissions tax]] and a $27 billion financial transactions tax to finance aid for fighting [[global warming]].<ref>By Alex Morales and Jim Efstathiou Jr. [http://www.bloomberg.com/news/2010-11-05/soros-panel-draft-says-bank-taxes-c02-auctions-can-fund-climate-aid.html Bank Tax, CO2 Auctions Recommended by Soros Panel to Help Climate Efforts], ''[[Bloomberg]]'', November 5, 2010.</ref> The global taxes are intended to guide envoys at UN climate talks as they seek ways to pay for $100 billion in climate aid, pledged by 2020 to poor nations at the summit in [[Copenhagen]], an event held in 2009 in the wake of the [[ClimateGate]] scandal.
A government watchdog group reports the following conflicts of interest of Larry Summers:
A government watchdog group reports the following conflicts of interest of Larry Summers: