The Gary Null Blog

Finally! The announced departure of Lawrence Summers as the president’s top economic adviser is welcome news. Harvard’s loss in taking back its $586,996-a-year professor and “president emeritus,” who is also paid millions by Wall Street on the side, is the nation’s gain. Maybe now Barack Obama, who hopefully will also push out Summers’ protégé, Treasury Secretary Timothy Geithner, will begin to provide an authentic populist alternative to those tea party Republicans who totally absolve Wall Street of responsibility for the economic collapse. But the early signs are not fully reassuring.