Putting Larry Summers in charge of the Federal Reserve is absurd

Lee Camp explains why it is absurd for Barack Obama to even be considering putting Larry Summers in charge of the Federal Reserve. Here is the referenced article by Greg Palast. Here's an excerpt:

The Memo confirmed every conspiracy freak's fantasy: that in the late 1990s, the top US Treasury officials secretly conspired with a small cabal of banker big-shots to rip apart financial regulation across the planet. When you see 26.3% unemployment in Spain, desperation and hunger in Greece, riots in Indonesia and Detroit in bankruptcy, go back to this End Game memo, the genesis of the blood and tears. The Treasury official playing the bankers' secret End Game was Larry Summers. Today, Summers is Barack Obama's leading choice for Chairman of the US Federal Reserve, the world's central bank. If the confidential memo is authentic, then Summers shouldn't be serving on the Fed, he should be serving hard time in some dungeon reserved for the criminally insane of the finance world. The memo is authentic.

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Obama administration tries running Bush’s WMD play to beat war drums

Continuing the many ways in which the Surveiller-in-Chief is resembling George W. Bush, Obama is now pushing for military action in Syria, using the retread justification of Weapons of Mass Destruction (gasp!). [More]

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FOX news tells yet another climate change lie

From Rocky Mountain Institute:

According to Fox Business reporter Shibani Joshi, renewables are successful in Germany and not in the U.S. because Germany has “got a lot more sun than we do.” Sure, California might get sun now and then, Joshi conceded during her now-infamous flub, "but here on the East Coast, it's just not going to work." (She recanted the next day while adding new errors.) Actually, Germany gets only about as much annual sun as Seattle or Alaska; its sunniest region gets less sun than almost anywhere in the lower 48 states. This underscores an important point: solar power works and competes not only in the sunniest places, but in some pretty cloudy places, too.
I would have taken 30 seconds for FOX to figure out that Germany gets much less sun than most of the U.S., which leads me to conclude that FOX is intentionally telling a lie to support the fossil fuel industry.

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