Is Larry Summers An Economic War Criminal?

Where does Larry Summers get off giving Americans advice on how to fix the continuing housing crisis?
And where does this political opportunist find the unmitigated gall to instruct us not to “finger point” and thereby identify culprits in Washington who helped enable the housing mess? Like advising the White House to ignore the fact of a collapsing credit market for jumbo and high SATO loans for the past several years?

As a general rule I like to follow the sage advice of Roger Kubarych, formerly of the Fed of New York and then Wall Street, but now working in the public sector, [24] in 2008 during the depths of the crisis. “I have nothing bad to say about anybody,” he quipped during a discussion about how and when the FRBNY senior staff were first apprised on the problems at Bear, Stearns & Co. Good advice in these dark times.

But former Harvard University head Larry Summers is a special case and one that rises to almost Kissingerian dimensions, to borrow from Christopher Hitchens. In “Rational Irrationality” [25] in The New Yorker last May, John Cassidy compared Summers to Henry Kissinger, an apt appraisal which begs the question: Is Larry Summers an Economic War Criminal?

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