Larry Summers and the Secret "End-Game" Memo

[xchrom]

http://www.alternet.org/economy/larry-summers-and-secret-end-game-memo


March 16, 2003—Treasury Secretary Timothy Geithner (left) talks alone with NEC Director Lawrence "Larry" Summers (right) in the West Wing Hall.
Photo Credit: By White House (Pete Souza) [CC-BY-2.0 (http://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons

August 23, 2013 |
When a little birdie dropped the End Game memo through my window, its content was so explosive, so sick and plain evil, I just couldn't believe it.

The Memo confirmed every conspiracy freak's fantasy: that in the late 1990s, the top US Treasury officials secretly conspired with a small cabal of banker big-shots to rip apart financial regulation across the planet. When you see 26.3% unemployment in Spain, desperation and hunger in Greece, riots in Indonesia and Detroit in bankruptcy, go back to this End Game memo, the genesis of the blood and tears.

The Treasury official playing the bankers' secret End Game was Larry Summers. Today, Summers is Barack Obama's leading choice for Chairman of the US Federal Reserve, the world's central bank. If the confidential memo is authentic, then Summers shouldn't be serving on the Fed, he should be serving hard time in some dungeon reserved for the criminally insane of the finance world.

The memo is authentic.

To get that confirmation, I would have to fly to Geneva and wangle a meeting with the Secretary General of the World Trade Organization, Pascal Lamy. I did. Lamy, the Generalissimo of Globalization, told me,

[bananas]

1. k&r for Greg Palast nt

[newfie11]

2. K&R

Hope he stays out of small planes and checks his car carefully for tampering.

[Enthusiast]

6. Ain't that the damned truth! nt

[silvershadow]

3. Big K&R. Summers in no way should be confirmed. nt

[Scuba]

4. Should be required reading for all voting Americans.

[Cryptoad]

5. speculative conjecture and hearsay is not proof of anything! nt

[Octafish]

7. Kick for Goethe and Palast.

"The best slave is he who does not know he is one."



"The man of wealth has rule over the poor, and he who gets into debt is a servant to his creditor." -- Proverbs