The former Harvard president spoke at a Cape Cod fundraiser for Barack Obama…

Then, it was Larry Summers’ turn to speak. In casual attire, he was articulate and forceful. He did not mince words. “The future course of this country in economics is in peril. This is the worst time since the Great Depression. We are in a recession now. Are we going to rebuild or cut taxes for the wealthy? Credit card abuses are part of the problem. Consumers need to be protected. The way to do that is to have a Democratic President and Congress,” he said.