My first reaction is good, but who will his replacement be? I'm really tired of academia, lawyers and policy wonks running this country. Let's see if Obama taps someone from the business community, though I seriously doubt it.

Wonder if he will get a bonus for a job well done. Well he is described as a key economic adviser. Let me see what did he do? Well there was the, no wasn't him but he did do ah nah that's not good either.

In the Town Hall, Obama said that Summers and Tim Geithner, Treasury secretary, “have done an outstanding job”.

Well there you go, that's what they did. Outstanding and one of them paid his taxes on time and without exposure by the bad press.

Obama usually appoints someone dummer than a post. It's who he feels comfy with. Make him the smartest idiot in the room.

Summers would be facing a prison term for what he did to the economy. Too bad we live in a country where if you rob one person it's called theft. If you rob millions, it's called business.