Larry Summers is a Big Fat Idiot | WHAT REALLY HAPPENED

Larry Summers is a Big Fat Idiot

Of course, Summers was one of the people most responsible for gutting the Depression-era banking laws which helped protect our economy, allowing the big financial institutions to speculate and gamble using insane amounts of leverage, and insisting that toxic derivatives be left completely unregulated.

Arianna Huffington, Naomi Klein and others have argued that - even if smart - his ideas are toxic.

But Friday, Summers proved that he's really not that smart. On Friday, Summers basically said we should continue to do the exact same things which got us into this mess

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