Bette Midler Slams Larry Summers On Twitter, Settles Fed Chair Debate
President Barack Obama said Friday that his choice for the next Federal Reserve Chairman—widely presumed to be narrowed down to Lawrence “Larry to his extremely powerful friends” Summers and Janet Yellen—is one of the most important of his presidency.
And at least one non-econ wonk is taking it seriously. Bette Midler weighed in on the decision very early Monday morning (or late Sunday night, depending on when your Breaking Bad viewing party ended), denouncing candidate Summers’s role in the 2007-8 financial collapse:
HUH. The architect of bank deregulation, which turned straitlaced banks into casinos and bankers into pimps, may be next Head Fed: Summers.
— Bette Midler (@BetteMidler) August 10, 2013
Larry Summers, Mr. De-Regulation, has never stepped forward to say…"Oops! My bad!" Five years of a world wide recession, and not a peep.
— Bette Midler (@BetteMidler) August 12, 2013
Larry Summers, a HUGE ADVOCATE of higher exec pay and bonuses for execs whose firms received billions in federal bailouts during the crisis.
— Bette Midler (@BetteMidler) August 12, 2013
Of course, Alan Greenspan, an acolyte of demented, delusional, adulterous Ayn Rand, never apologized or never admitted his failures, either.
— Bette Midler (@BetteMidler) August 12, 2013
Some have already tweeted the obvious snarky reply that Midler’s opinion certainly settles the matter. But given that the primary objection to Janet Yellen’s appointment is “SHE’S A WOMAN!!!@!@!!1@!,” Midler’s POV is not unwelcome.
This also represents a significant expansion of Midler’s political activism, which was previously more environmentally-based:
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This is an opinion piece. The views expressed in this article are those of just the author.
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