With the midterm election next year, if I were a Republican I would want President Obama to nominate Larry Summers, because with all of the deregulation work he was involved with during the Clinton Administration, the Republicans could easily use Summers confirmation hearing as an opportunity to pin the economic collapse and following misery the American people experienced in its wake on the Democrats ... and that would be a very difficult stain to wash out by November 2014. Juxtapose Larry Summers smiling face, and record with collapsed buildings in Detroit for instance. The GOP wouldn't get the same mileage off of Yellen.
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