Larry Summers' Davos Speech: Obama's Top Economic advisor Adamant Reform Is Coming

[babsbunny]

http://www.huffingtonpost.com/2010/01/29/larry-summers-davos-speec_n_442543.html

DAVOS, Switzerland — Confronting bankers head on, President Barack Obama's top economic adviser told them Friday to put their customers first and insisted the U.S. government would push through new banking reforms despite pressure from lobbyists.

"Our challenge now is to put in place a new system," said Lawrence H. Summers, telling a crowd at the World Economic Forum that the reforms wouldn't last forever but should be able to protect a generation from banking excesses.

[MannyGoldstein]

1. Or Else... A STERNLY-WORDED LETTER!!!

After Summers sent our entire manufacturing base to China and deregulated the banks, he got paid many millions for very little work on Wall Street... how much will he get for this?

[Sebastian Doyle]

2. Fuck your "new system" Summers, you disgusting pig

Bring back the OLD system. The one that protected this country from the 1930s, right up until the time Clinton destroyed it by killing Glass Steagall.

[DJ13]

3. Guarding the chicken house is hard work

-says the fox.