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Thursday, May 01, 2014

Quote Of The Day: Larry Summers To Elizabeth Warren - "Insiders Don't Criticize Other Insiders"

A couple of weeks ago, Princeton and Northwestern released a very important study [9]that proved statistically what many of us already knew about the American political process. It is nothing more than an oligarchy.

It’s one thing to read an academic study showing how cancerous the political system is, it’s quite another to hear a description of how things work from one of the biggest crony weapons of mass societal destruction himself, Mr. Larry Summers.

A recent review in the New York Times [10]of Massachusetts Senator Elizabeth Warren’s new memoir “A Fighting Chance” [11] recalls a stunningly despicable quote by Summers. In the spring of 2009, when the banker handout, I mean bailout, was a heated topic of discussion, Elizabeth Warren attended a dinner with Mr. Summers who at the time was the director of the National Economic Council and a top economic adviser to President Obama. This is what transpired:

After dinner, “Larry leaned back in his chair and offered me some advice,” Ms. Warren writes. “I had a choice. I could be an insider or I could be an outsider. Outsiders can say whatever they want. But people on the inside don’t listen to them. Insiders, however, get lots of access and a chance to push their ideas. People — powerful people — listen to what they have to say. But insiders also understand one unbreakable rule: They don’t criticize other insiders.

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5 comments:

Anonymous said...

PAY ATTENTION PEOPLE. GOOGLE SEARCH OLIGARCHY IF YOU DON'T KNOW WHAT THE WORD MEANS.

We are subjects. We are slaves. We are oppressed and being held back from our full potential as humans and as a nation.

The only way out is to get of your asses and get involved. What involved means to you is not my concern but doing nothing will result in nothing.

Anonymous said...

Words of wisdom from one kook liberal to another.

lmclain said...

Those "kook liberals", along with the conservative kooks, are enriching themselves while throwing the citizens to the wolves.
Elections will NOT help or change anything in favor of "we, the people". Watering the Tree of Liberty with their blood, as Thomas Jefferson said we should do every so often, is the ONLY way out of this spider web of corruption and political deceipt.

Anonymous said...

Say NO TO TAXATION WITHOUT REPRESENTATION....ALL POLITICANS ARE SCUM of the earth

Anonymous said...

Elizabeth Warren! LOL.
A little Indian giving I guess?