Obama has chosen Summers, former Treasury Secretary and undersecretary under Clinton, as his chief economic advisor. Obama's choice of Summers doesn't bode well for his vetting process. Mr. Summers has a history that I find alarming and distressing and that makes me not a little bit squeamish. Not only was Summers one of the key architects of our current economic crisis* , he also played a key role in the mid-90s in the economic fiasco in Mexico by increasing interest rates to unmanageable levels, driving thousands of farms and businesses to bankruptcy.** If you ever wonder why immigration became a big issue in the 90s, look no farther. Ok, there are other contributing factors as well, including NAFTA, but bottom line is the economic situation created by Summers drove people into deep economic desperation. Summers also helped wreak his special brand of havoc on Lituania and Russia, driving their economies into the toilet and creating social turmoil leading to the rise of Putin. But I digress. Illegal immigration is a hot-button issue in the US, with people frequently blaming the victims. I think it's time to understand the forces that led to the mass immigration problem in order to attempt fix it.
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*see The Nation article of 11/10/08, "The Summers conundrum," http://www.thenation.com/doc/20081124/ames
**A detailed article can be found at http://americas.irc-online.org/, "Larry Summers, champion of Wall Street greed attained by impoverishing the Mexican people."
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