Friday, August 6, 2010

Peter Diamond for the Fed

I would assume that he would be fairly uncontroversial. Why is he being held up?


joel hanes said...

In order to obstruct any further stimulus by the Fed and thus to intentionally slow economic recovery, because Sen. Richard Shelby (R, AL) seems to believe that harming the economy will play to the Republican's political advantage in November.

michael perelman said...

But there are 3 nominees. Diamond seems to be the most innocuous.

Daro said...

Why is he being held up?

Because they can. It's too late now. Obama pandered to the foaming dogs all the while having Summers spit elitist-propping poison in his ear. This is Obama's big reward.