Summers Teamed Up With Pelosi for Sabotage of Middle East Policy
May 3, 2009 • 12:30PM

Larry Summers took the occasion of Israeli Independence Day celebrations at the Israeli Embassy in Washington, D.C. April 29, to announce that the Obama Administration would not pressure Israel for peace at "any price." Summers, the President's Chief Economic Advisor, and apparent controller, said that he was relaying a message from the U.S. President.

The Summers' message stood in clear contrast to the stance taken by Secretary of State Hillary Clinton during her March trip to Israel, when she quietly, but clearly, put pressure on Israel to act with more justice toward the Palestinians.

Summers was joined at the celebrations by House Speaker Nancy Pelosi, who did her part to urge Israeli intransigence in negotiations, by waving the dogtags of those soldiers who were kidnapped with Gilad Shalit, still a prisoner of the Hamas government in Gaza.

The message was delivered on the eve of the visit of Israeli President Shimon Peres to Washington, where he will meet with Obama May 5, and the AIPAC summit, which will also occur next week. Netanyahu is scheduled to meet Obama May 18 in D.C.

A sidelight to this political interference was Summers' praise of the Israeli economic performance, which, by all accounts, is creating disastrous conditions for the large majority of the population there. But the Israeli Central Bank is run by Summers' close friend (and buddy at the IMF) Stanley Fischer, who shares his perverse economic prescriptions.