My most recent column: Larry Summers Got a Bad Rap on Stimulus: Obama is the Problem so distressed one of my readers that he was moved to comment:
“Wow, this is a piece of shit column, full of straw men and idiotic praising of bad economists. You owe those of us who look up to you much much better than this.”
I have written a series of columns over the last several weeks criticizing President Obama’s reported desire to appoint Larry Summers as Ben Bernanke’s replacement to run the Fed. I explained why I viewed Summers as a leading architect of financial crises because of his failure to understand fraud and financial regulation. The reader who I distressed has a long and distinguished track record in fighting effectively for progressive causes.