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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Quinvarius's picture

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

Chris Jusset's picture

Larry Summers is an idiot.

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

Manthong's picture

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

History will not be kind to these folks.

nope-1004's picture

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


Harlequin001's picture

Someone needs to shut this dumb fucker up...

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."

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.

francis_sawyer's picture

To Larry Summers ~

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

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


krispkritter's picture

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

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

Pinto Currency's picture


The Larry Summers version:

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

Caggge's picture

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

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.

Harlequin001's picture

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

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

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

Harlequin001's picture

You made that up all on your own.

and it's Bullshit, isn't it

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..

erg's picture

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

Acorn10012's picture

Think'n makes him sleepy.

francis_sawyer's picture

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

A Nanny Moose's picture

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

That's just nasty.

Nobody For President's picture

Hey Knucks, how about rectal-cranial inversion?

Problem Is's picture

Larry Summers is a Useful Idiot...

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

AssFire's picture

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

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.

franzpick's picture

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

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.

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.  

tamboo's picture

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


Elizabeth Warren's recipes sound familiar -
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.

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>

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.

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.

q99x2's picture

He can speak idiot in 5 different languages.

JamesBond's picture

and moronic in 7 more

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.  

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... 

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.  

Offthebeach's picture

In the long run all fat pigs are dead.

Rich Bagg's picture

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

potlatch's picture

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

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.