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We should not let Larry Summers do to the American economy what he has done to Harvard University. This overrated academic institution is experiencing serious financial difficulties—due to his arrogance. Summers pushed Harvard to invest in high-risk ventures. A number of them went sour leaving it with billions of dollars in losses. There are some estimates that Harvard lost 1/3 of its total wealth. Summers is also reportedly a very nasty piece of work. Cornel West claims that he asked him to help f_ck over conservative professor Harvey Mansfield. And yes, he did use the “f” word.
“What Do Larry Summers’ Eyes Say About the Economy?”
That he scrooed the pooch in choices he made investing Harvard monies when he led that “esteemed” institution ?
That his current economic prognostications & analysis aren’t much better ?
(just guessing)
It should also be added that Harvard University is paying a horrible price for adhering to the silly egalitarian doctrines of John Rawls. The university’s leftist crazies forced out its top investment gurus—because they supposedly earned too much money. Those remaining lacked the talent to handle Harvard’s more risky investments.
Harvard University is an intellectual whorehouse. It’s time that the American public realizes the extent of the corruption. The poorly educated Barack Obama is president mainly because most people have been conned into believing a liberal arts degree from Harvard is normally worthy of respect. A medical degree awarded by this institution is indeed of genuine value—but that’s not a soft science credential.