Power of Story Send a Tweet        
- Advertisement -
OpEdNews Op Eds

Dump Summers and Geithner: Bring in Warren and Spitzer

By       Message Robert McElvaine       (Page 1 of 1 pages)     Permalink

Related Topic(s): ; ; ; ; ; ; ; ; ; ; (more...) ; ; ; , Add Tags  (less...)  Add to My Group(s)

View Ratings | Rate It

opednews.com Headlined to H3 2/21/10

Author 16829
Become a Fan
  (1 fan)
- Advertisement -
[Crossposted from Huffington Post]

What the Obama Administration and the nation need to get on the right track in economic policy was on display on Friday night in the guest lineup on Real Time with Bill Maher.

The signal fault -- politically as well as economically -- of the Obama Administration so far has been the President's failure to make a clean break with the crew of Wall Street pirates who sank the economy while making off with all the loot themselves.

The time is overdue for Mr. Obama to sack the gold men with ties to Goldman Sachs and replace them with people who will bring honesty and fairness to the nation's financial "services" sector.

President Obama needs to reprise Franklin D. Roosevelt's 1936 campaign, in which he warned of the dangers of "organized money," "business and financial monopoly, speculation, [and] reckless banking."

- Advertisement -

A good start would be to replace Larry Summers and Tim Geithner with two of Bill Maher's guests on the opening show of his new season: Elizabeth Warren and Eliot Spitzer. No one else in American public life over the past year has shown as clear an understanding of the causes of and solutions for the economic crisis as have Warren and Spitzer.

Sure, a Senate confirmation hearing for Spitzer as Treasury Secretary would be a circus, but the vote would make clear to the American people whether their senators are more concerned about past sexual misdeeds or current financial misdeeds. One would hope that the public cares a lot more about stopping the sale of the American people to "service," without their consent, the financial interests than about an individual's history of having been a paying customer of people who sell their services.

- Advertisement -


- Advertisement -

View Ratings | Rate It


Robert S. McElvaine is a professor of history at Millsaps College and the author of ten books. He is a frequent contributor to the op ed pages of the major national newspapers and blogs for the Huffington Post. His latest book is "Grand Theft (more...)

Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon Share Author on Social Media   Go To Commenting

The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Writers Guidelines

Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
- Advertisement -

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

"Well . . . I'd Like to Bring about World War, Charlie"

Job Policies: An Experiment

We Have Won In Vietnam!

Christian Author Warns of Palin's "Scary" Religion: "Answer Questions, as JFK Did 48 Years Ago Today"

Going Beyond the Pale-in: (Character) Assassination

Grand Theft Jesus-IJ Released!