Stunning Quote – Larry Summers to Elizabeth Warren in 2009: “Insiders Don’t Criticize Other Insiders”

A couple of weeks ago, Princeton and Northwestern released a very important study that proved statistically what many of us already knew about the American political process. It is nothing more than an oligarchy. 

It’s one thing to read an academic study showing how cancerous the political system is, it’s quite another to hear a description of how things work from one of the biggest crony weapons of mass societal destruction himself, Mr. Larry Summers.

A recent review in the New York Times of Massachusetts Senator Elizabeth Warren’s new memoir “A Fighting Chance” recalls a stunningly despicable quote by Summers. In the spring of 2009, when the banker handout, I mean bailout, was a heated topic of discussion, Elizabeth Warren attended a dinner with Mr. Summers who at the time was the director of the National Economic Council and a top economic adviser to President Obama. This is what transpired:

After dinner, “Larry leaned back in his chair and offered me some advice,” Ms. Warren writes. “I had a choice. I could be an insider or I could be an outsider. Outsiders can say whatever they want. But people on the inside don’t listen to them. Insiders, however, get lots of access and a chance to push their ideas. People — powerful people — listen to what they have to say. But insiders also understand one unbreakable rule: They don’t criticize other insiders.

What is so incredible about the quote above is that it essentially proves correct everything I and many others have been saying about how “things work” in America these days. The statements above describe a petty, childish oligarchy of arrogant fools. This small club of people call all the shots and do not listen to “outside” ideas whatsoever. This is why nothing changes. This is why the same people are recycled through positions of power over and over again no matter how badly they screw up and how many millions of lives they ruin. This is why there is a two-tiered justice system in which the rich and connected never go to jail, while the average citizen can have his home raided by police for a parody Twitter account. This is why the 0.01% have been able to loot all of the nation’s wealth while median inflation adjusted wages have been declining for 40 years.

The reason is because the “status quo” in America consists of a deranged, immoral, arrogant, selfish fraternity of inept children who protect each other at the expense of everyone and everything else. Until the status quo gets the boot, this nation will continue to decline. Forget reforms, the entire status quo needs to be tossed aside once and for all. The insiders must be turned into outsiders.

In Liberty,
Michael Krieger

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7 Comments

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    • Manfred Kohler-Ausburg

      Americans still believe in the paradigm that they are free, when the reality is the opposite and the US Constitution implicitly defines them as subservients.

      Remember that this document is a summarized compendium of Britain’s Common Law, Admiralty Law and Canon Law (under the express guidelines and orders of the Vatican) and the framers wanted to make sure that the ignorant masses living within the circumscribed territories called the United States of America remain under such condition – their ulterior and ultimate goal .

      Additionally, the Act of 1871 made possible for the Vatican to manage more efficiently the Corporation called THE UNITED STATES OF AMERICA.

      In brief, ordinary Americans are indeed less than subjects of the British Crown and dependants of the wishes of Her Majesty Queen Elizabeth II; simultaneously, the Sancta Romana Catholica Ecclesia is their absolute Sovereign and dictates all aspects of their daily lives.

    • So the Vatican told you to post this message, as well as dictating every other aspect of your daily life?

      Or did your paranoid delusions make you overreach?

  1. And she has no qualms about printing the story.

  2. I don’t disagree with you, but the .01%/rich comments really cheapened your argument with a populist tint. There are plenty of very powerful people that are not in that select group which in fact isn’t any kind of cohesive single voiced group (ie Koch v Soros) executing an agreed upon agenda as you try to imply. What you have are people and groups that want to impose their ideology and sense of morality onto everyone else.Then, there are those in academia that see society as a place to test out theories and government as the tool to do that. The great Progressive experiment if you will. In the end, you cannot get rid of human self interest and no matter how many times you make insiders outsiders, so long as the power apparatus remains in place, the outsiders will become the new insiders.

    • Mike has been criticizing the apparatus, not personalities.

      That is one of the most refreshing aspects of this blog.

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