Larry Summers Does It Again

Tyler Durden's picture


Back in October 2011, our inaugural "Quote of the Week" went to that destroyer of pretty much everything, deep fried twinkies and value most certainly included, Larry Summers:

"The central irony of financial crisis is that while it is caused by too much confidence, too much borrowing and lending and too much spending, it can only be resolved with more confidence, more borrowing and lending, and more spending." Larry Summers, source

It is only fitting that the sequel to what to a large majority of people is the dumbest quote in history, will once again come from Larry Summers:

"Rather than focusing on lowering already epically low rates, governments that enjoy such low borrowing costs can improve their creditworthiness by borrowing more not less.Larry Summers, source.

3..... 2..... 1..... and #Ref!

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Sun, 06/03/2012 - 20:13 | 2490299 Quinvarius
Quinvarius's picture

Scary.  To think this guy was a trusted adviser to anyone.  Just plain scary.

Sun, 06/03/2012 - 20:14 | 2490307 Chris Jusset
Chris Jusset's picture

Larry Summers is an idiot.

Sun, 06/03/2012 - 20:26 | 2490334 Conrad Murray
Conrad Murray's picture

"Rather than focusing on lowering already epically high caloric intakes, fat pigs like myself that enjoy such absurd amounts of fatty foods can improve their repulsive obesity problem by eating more not less." Larry Summers

Sun, 06/03/2012 - 20:35 | 2490353 knukles
knukles's picture


Full rectal prolapse.

Sun, 06/03/2012 - 20:50 | 2490402 Manthong
Manthong's picture

What did you say his name was.. Larry Stigma?

History will not be kind to these folks.

Sun, 06/03/2012 - 20:58 | 2490419 nope-1004
nope-1004's picture

Did MillionDollarBonus_ say the above, or Larry Summers?  Is there more than one?  LOL.


Sun, 06/03/2012 - 21:46 | 2490523 Harlequin001
Harlequin001's picture

Someone needs to shut this dumb fucker up...

Sun, 06/03/2012 - 22:24 | 2490615 UP Forester
UP Forester's picture

"The only way to get out of this hole we've dug, is to dig faster and faster without any bracing.  Yeah, that should work."

Sun, 06/03/2012 - 22:41 | 2490640 Pinto Currency
Pinto Currency's picture


Larry has some serious personal health issues.

He probably will not live until his trial and conviction for the activities that he and Robert Rubin undertook during the Clinton administration.

Sun, 06/03/2012 - 23:01 | 2490679 francis_sawyer
francis_sawyer's picture

To Larry Summers ~

The after dinner mint... DON'T EAT IT!

Mon, 06/04/2012 - 00:52 | 2490849 Bananamerican
Bananamerican's picture

when i think of how much tribute $ that fat, arrogant, "celebrated", dumb-assed motherfucker has skimmed out of the system it makes me wanna holler.

He's rich.

and he's a useless incompetant shitbag


Mon, 06/04/2012 - 05:25 | 2490995 krispkritter
krispkritter's picture

Larry Summers is the Yogi Berra of the financial world...

"A nickel ain't worth a dime anymore." 

Mon, 06/04/2012 - 07:49 | 2491134 Pinto Currency
Pinto Currency's picture


The Larry Summers version:

"My bullshit ain't worth a hyperinflated dime anymore."

Sun, 06/03/2012 - 22:41 | 2490642 Caggge
Caggge's picture

Could it be that MillionDollarBonus is Larry Summers? The logic of the posts seem to indicate they are the same person.

Sun, 06/03/2012 - 21:15 | 2490426 Divided States ...
Divided States of America's picture

Wow, big surprise. Another Jew who dont know what the fuck is going on in the economy but who likes to give advice on how to fix this mess which they got us into in the first place.

Sun, 06/03/2012 - 21:48 | 2490527 Harlequin001
Harlequin001's picture

Funny how you never seem to refer to them as Americans...

It's like it's always someone else's fault...

Mon, 06/04/2012 - 20:43 | 2494215 samwell
samwell's picture

that's because they aren't really americans man.  their loyalities lie with their racist, apartheid state, israel.  they don't fit in because they "think"they are better than everyone else and don't want to fit in.  that is why most of these jew traitors have dual citizenship

Tue, 06/05/2012 - 21:34 | 2498110 Harlequin001
Harlequin001's picture

You made that up all on your own.

and it's Bullshit, isn't it

Sun, 06/03/2012 - 23:46 | 2490753 Andy Lewis
Andy Lewis's picture

Fuck off, moron.

Mon, 06/04/2012 - 01:26 | 2490818 Harlequin001
Harlequin001's picture


Mon, 06/04/2012 - 03:26 | 2490946 lasvegaspersona
lasvegaspersona's picture



Bob Dylan and Einstein both said the same thing....cuz they are jewish too???

moron get out of your cellar and meet one jewish person...thenat least you will have a real live reference point to spew from..

Sun, 06/03/2012 - 20:59 | 2490433 erg
erg's picture

Well he is punching himself in the face. It's a start.

Sun, 06/03/2012 - 22:15 | 2490600 Acorn10012
Acorn10012's picture

Think'n makes him sleepy.

Sun, 06/03/2012 - 23:08 | 2490693 francis_sawyer
francis_sawyer's picture

You need to achieve REM sleep to be fully qualified to be on the 'Economic Dream Team'...

Sun, 06/03/2012 - 22:03 | 2490557 A Nanny Moose
A Nanny Moose's picture

Note to self. Never click in Wikipedia links containing the word rectal, while eating cookies.

That's just nasty.

Mon, 06/04/2012 - 02:51 | 2490926 Nobody For President
Nobody For President's picture

Hey Knucks, how about rectal-cranial inversion?

Sun, 06/03/2012 - 20:40 | 2490369 Problem Is
Problem Is's picture

Larry Summers is a Useful Idiot...

To the ruling, criminal, financial oligarchy....

Sun, 06/03/2012 - 20:48 | 2490390 AssFire
AssFire's picture

I know the Cherokee woman from Harvard- She told me Larry Summers means Dick-Smoker in her native tongue.

Sun, 06/03/2012 - 20:53 | 2490400 Fred Hayek
Fred Hayek's picture

Faux-cahontas, Elizabeth Warren.

Sorry, but her non-stop tv ads here in Massachusetts are excruciating. They depict her as someone who singlehandedly rode herd on Wall Street, stopping all their abuses. Which is strange because, while I think she had the right idea in several instances, she accomplished nothing. As is the case in most states, our senate race here in Massachusetts is the evil of two lessers.

Sun, 06/03/2012 - 21:00 | 2490439 franzpick
franzpick's picture

Summers is descended from the lost tribe, "Weer-Da-Fa-Kowi".

Sun, 06/03/2012 - 21:43 | 2490520 Troll Magnet
Troll Magnet's picture

re: Elizabeth Warren...isn't it hilarious how liberals are already treating her like some kind of a folk hero? a bunch of idiots those liberals.

Mon, 06/04/2012 - 00:50 | 2490851 samwell
samwell's picture

they're not liberals.  they are libtards because they don't know the true meaning of liberal.  liberty, libertarian, libre.  liberty is the soul's right to breath.


she will never stand up to the true power structure in this country.  the last american president to do so was Jack Kennedy and look what happened to him.  we are a nation of spinless jelly fish who will get what we deserve in the end---third world slavery status.  

Mon, 06/04/2012 - 14:11 | 2492745 tamboo
tamboo's picture

she's jew controlled opposition too. who isnt? she plagiarised her cookbook too. typical heeb.


Elizabeth Warren's recipes sound familiar -
Mon, 06/04/2012 - 03:27 | 2490948 potlatch
potlatch's picture

I'm still trying to wrap my head around running an anti-Wall St campaign in Massachussetts.  How exactly does one frame that?  It sounds like trying to run for mayor of Provo on a platform of having serious beefs with the Mormon Church being all up in shit everywhere.

Mon, 06/04/2012 - 03:25 | 2490945 potlatch
potlatch's picture

She possesses an almost negligible percentage of wisdom, this woman you speak of, we must grant her this small percentage with a <nod>

Sun, 06/03/2012 - 20:48 | 2490392 Michael
Sun, 06/03/2012 - 21:22 | 2490473 Michael
Michael's picture
With good videos; Ron Paul Delegates Arrested As They Win a Majority at Louisiana GOP Convention

Sun, 06/03/2012 - 21:24 | 2490475 Michael
Michael's picture

House to Vote on Ron Paul Bill to Audit the Federal Reserve

Sun, 06/03/2012 - 21:30 | 2490489 Michael
Michael's picture

Judge Terry Lewis States "Natural Born Citizen" Definition Will Be Decided

May 31, 2012, Tallahassee, FL - Activist attorney Larry Klayman announced today that Judge Terry Lewis of Leon County, FL has set a hearing on June 18th, 2012 at 9:00am to hear arguments from both sides about whether the eligibility of President Barack Hussein Obama can be determined in open court.

Mon, 06/04/2012 - 02:30 | 2490915 defender
defender's picture

My guess is that someone is either going to not wake up in a hot tub, or else Judge Terry will fold like a cheap lawn chair.

Sun, 06/03/2012 - 22:06 | 2490573 A Nanny Moose
A Nanny Moose's picture

Geaux Ron Paul!

Sun, 06/03/2012 - 20:50 | 2490401 q99x2
q99x2's picture

He can speak idiot in 5 different languages.

Sun, 06/03/2012 - 21:05 | 2490451 JamesBond
JamesBond's picture

and moronic in 7 more

Sun, 06/03/2012 - 23:13 | 2490704 The Real Fake E...
The Real Fake Economy's picture

Actually he doesn't and in fact Summers believes foreign languages are useless.  He penned an op-ed piece in the NYT a couple of months ago about it.  In my opinion Larry Summers is useless.  

Mon, 06/04/2012 - 05:10 | 2490989 krispkritter
krispkritter's picture

Warren's pet name for him is 'Tits On Bull'...with rare exception it's amazing to see people with so little talent and brain power getting prominent positions in government. I guess it's the stench of the power that attracts them, like flies to shit. Summers, Geithner, Bernanke, and on and on... 

Mon, 06/04/2012 - 00:08 | 2490797 ForWhomTheTollBuilds
ForWhomTheTollBuilds's picture

Yep.  I'm not sticking up for him by any means, but if we are going to have an elite class that runs society into the ground for it's own benefit, then somebody has to be the one to say, "up is down" with  a straight face. 

Summers drew the short straw and is "that guy" this time.  

Sun, 06/03/2012 - 22:27 | 2490619 Offthebeach
Offthebeach's picture

In the long run all fat pigs are dead.

Sun, 06/03/2012 - 23:23 | 2490720 Rich Bagg
Rich Bagg's picture

Amazing that a guy as ugly as Summers actually gets laid and married:

Mon, 06/04/2012 - 03:33 | 2490950 potlatch
potlatch's picture

he's got a schlong the size of a roll of nickels, but its just as hard baby, just as hard

Sun, 06/03/2012 - 21:05 | 2490450 Stoploss
Stoploss's picture

Debt is wealth......

That means there's a whole lotta rich fuckers out there, so tax them...

According to the debt is wealth model, i am one poor sombitch..

Make that, a flat broke sombitch.

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