So Larry Summers has withdrawn himself from consideration for the Chairmanship of the Federal Reserve. Rumors had it that Summers was President Obama's first choice for the job, but it appears that resistance from Democrats in Congress have proven to be too much to overcome. It is disgraceful how politicized all of these nominations have become. I'll bet you that most of the people who have announced their opposition to Summers probably have no idea of his real views of how the Fed should be run, rather they are simply passing judgement about the anti-women comments he made at Harvard years ago. This is political correctness run amok. It is absurd that they actually didn't want Summers to testify before the Finance Committee, because then they might have to listen to what he was saying.
So now the President has to take another one on the chin. With a huge fight looming over the debt ceiling, Obamacare and the budget, The President cannot afford to alienate members of his own party, and Summers has lightened the load for him. But, Obama's problems will only grow as he as done nothing to create any working relationships with Congress.
It does not matter what position is up for congressional confirmation, the entire process has been polluted by foul politics that has enveloped Washington. The ultimate result is dysfunctional government, and that's not what we're paying a lot of money in taxes for.
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