Larry Summers: If Tax Deal Goes Down There's A 'Significant Risk' Of A Double Dip Recession

There is going to be a double-dip recession with or without this "compromis­e by Obama".

There have been 3 million f0reclosur­es so far in this meltdown; there are 11 million more in the pipeline.  15 million families are about to face f0reclosur­e.  

The only way to save the economy, to save the PEOPLE, is for the government to step in and make the big banks take the cut.  


WHAT IS OBAMA DOING ABOUT THAT???

Oh, I forgot; Obama's extending the Bush tax cuts for the rich and granting them exemptions to the estate tax.

How did Obama get to be in the position to override Democrats in negotiatin­g a deal with Republican­s?

Just like in the healthcare legislatio­n, when Obama said, "It's Congress's job to write legislatio­n" and then he went behind the backs of the committees writing legislatio­n, undercutti­ng both Democratic politician­s and Democrats' constituen­ts, as well as all of the American people?

I don't want somebody compromisi­ng on my behalf who know or care about what it is I'm willing to compromise on.
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