Bloomberg report:
The White House said Lawrence Summers, director of the National Economic Council, will leave the administration and return to Harvard University at the end of the year.As one of the most incompetent or corrupt politician of the George W. Bush and Barack Obama eras (Obama is just a worst Bush, the same way as FDR was a worst Hoover), we should welcome such a development.
Summers, chief adviser to President Barack Obama on the development and implementation of economic policy, previously served as Treasury secretary during the Clinton administration.
It looks like Obama, as any fine demagog is preparing the elections by getting rid of the unpopular advisers, let's hope that Geithner is next on the departure list.
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