No to Lawrence Summers

No to Lawrence Summers

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President-elect Obama rightly spoke often on the campaign trail about the perils of deregulation and trade agreements that do not include worker and environmental protections.

The deregulation of our financial institutions has led to our current economic crisis, and it is critical that the next Treasury Secretary discontinue the failed policies of both the Clinton and Bush administrations, a legacy of deregulation of financial markets and trade agreements that dramatically slant toward corporate interests.

Given all this, as Mark Ames asks in a new Nation.com article, and in light of all of the corruption and cronyism that have marked the career of Bill Clinton’s last Treasury Secretary Lawrence Summers, why is Obama considering him for a repeat performance? Please sign The Nation‘s new petition, inspired by a similar campaign started by the invaluable blog OpenLeft, asking Obama’s transition team to end the consideration and take Summers off the list.

Support independent journalism that does not fall in line

Even before February 28, the reasons for Donald Trump’s imploding approval rating were abundantly clear: untrammeled corruption and personal enrichment to the tune of billions of dollars during an affordability crisis, a foreign policy guided only by his own derelict sense of morality, and the deployment of a murderous campaign of occupation, detention, and deportation on American streets. 

Now an undeclared, unauthorized, unpopular, and unconstitutional war of aggression against Iran has spread like wildfire through the region and into Europe. A new “forever war”—with an ever-increasing likelihood of American troops on the ground—may very well be upon us.  

As we’ve seen over and over, this administration uses lies, misdirection, and attempts to flood the zone to justify its abuses of power at home and abroad. Just as Trump, Marco Rubio, and Pete Hegseth offer erratic and contradictory rationales for the attacks on Iran, the administration is also spreading the lie that the upcoming midterm elections are under threat from noncitizens on voter rolls. When these lies go unchecked, they become the basis for further authoritarian encroachment and war. 

In these dark times, independent journalism is uniquely able to uncover the falsehoods that threaten our republic—and civilians around the world—and shine a bright light on the truth. 

The Nation’s experienced team of writers, editors, and fact-checkers understands the scale of what we’re up against and the urgency with which we have to act. That’s why we’re publishing critical reporting and analysis of the war on Iran, ICE violence at home, new forms of voter suppression emerging in the courts, and much more. 

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