Okay, the latest proof that no matter how they try to argue it, the Republicans will block anything the Obama White House is attempting, regardless of whether or not it makes any sense- the death of the nomination of Peter Diamond to a governor's spot on the Federal Reserve.
The Republicans effectively killed Diamond's nomination, as he withdrew after 14 months of bullshit despite three committee votes confirming him. Yeah, I was just as shocked as you that committee votes apparently don't mean jack, seeing as how most committees don't do jack. The best reason the GOP was willing to cough up was Sen. Richard Shelby of Alabama (pictured above), who said Diamond lacked "specific monetary policy experience."
For the record, Diamond is an MIT professor whose expertise is in pensions and behavioral economics. Since runaway pension plans are wrecking individual states, think that knowledge might be helpful somewhere other than a classroom? Oh yeah, and he won a fucking Nobel Prize, too. Not one of those cockamamie deals President Obama, an earned Nobel. Senator Richard Shelby is some dickhead lawyer from Alabama. Does the mere fact he has sat on his ass in ten thousand dog-and-pony committee meetings mean he knows anymore about the economy than the nominee? Why doesn't Shelby take the job instead, it's not like he wouldn't be doing the same nothing he's currently shoveling double time.
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