Default Panic Worse Than Lehman: Summers

[InRareForm]

http://www.bloomberg.com/news/2011-07-16/summers-says-default-would-cause-more-panic-than-lehman-brothers.html

[boutons_deux]

Summers, along with Rubin, Greenspan, and other the plutocrats, is one of the main culprits in deregulation of the financial sector that brought on the Banksters' Great Depression. When he worked for Barry, he absolutely refused to give Barry any jobs plan.

He's more concerned with his investments taking a hit from a US default than giving a shit about USA.

[InRareForm]

It seems like the same rhetoric is used by these jokers with fear and scare tactics

[baseline bum]

Summers is correct about the dire consequences of default, but that criminal is one of the main reasons this country nearly crashed 3 years ago.