Morning Audibles 9.22.10

And then there was one...

So I suppose everybody has heard the news that Snaglepuss Larry Summers is..

Otherwise known as: jumping ship, gettin' while the gittin's good, skippin town, gettin' the hell out of dodge...


Well, here's the OFFICIAL version (or one of 'em)...

Larry Summers leaving White House

http://www.huffingtonpost.com/2010/09/21/larry-summers-leaving-whi_n_733711.html

The Obamanator remarked: "I will always be grateful that at a time of great peril for our country, a man of Larry's brilliance, experience and judgment was willing to answer the call and lead our economic team. Over the past two years, he has helped guide us from the depths of the worst recession since the 1930s to renewed growth. And while we have much work ahead to repair the damage done by the recession, we are on a better path thanks in no small measure to Larry's wise counsel. We will miss him here at the White House, but I look forward to soliciting his continued advice and his counsel on an informal basis, and appreciate that he has agreed to serve as a member of the President's Economic Advisory Board."

Translation: The stock market has been up all month, I just gave a telethon yesterday, and it was perfectly coordinated with some BS numbers by NBER & POMO activity by the Fed, so it ain't gonna get much better than this going forward...

Larry Summers, the director of the National Economic Council, will return to a teaching position at Harvard University at the end of the year...

In the interim "lame duck" period, and since he already has the proper costume, it's rumored he'll be kickin' it on the DEVO ('De-Evolution '10) World Tour...

"life's a bee without a buzz... It's going great, til u get stung..."
"And let us not forget to toast
everyone who might have missed the boat
And to everybody else who waits
Til the next one sails in again..."

Whatever Larry... Now that you've JERKED US BACK & FORTH for the 2nd time, don't let the door hit you in the ass as you BEAT IT, back to the Ivory Towers...

Or in your case...

Save Romer some pie for the re-union...