Der Spiegel: Larry Summers is President Obama’s ‘Cheney’

By June 25, 2009Economy

This from Der Spiegel, the arrogant news magazine of the left-leaning German elite, in anticipation of Chancellor Merkel’s visit to the White House, “Chancellor Merkel Visits the Debt President“:

Obama’s Cheney is named Larry Summers. He is Obama’s senior-most economic advisor, and like the former vice president, he is a man of conviction. The financial crisis may be large, but Summers’ self-confidence is even larger. More importantly, President Barack Obama follows him like a dog does its master.

Gah. How dumb is that? The author is Gabor Steingart, Der Spiegel’s senior correspondent in Washington. He gained some attention for his book, War for Wealth: The True Story of Globalization, or Why the Flat World Is Broken.” We’ll save you the Euros: Globalization is bad.

For the record, there’s always interesting stuff in Der Spiegel.

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