Stupid Senator Shelby
In April ’10 Obama nominated MIT economist Peter Diamond, to be a Fed governor. Sen Shelby questioned his experience. Moreover, he got all the R’s on the Sen Banking Comm. to vote against confirmation. In Oct ’10 Diamond won the Nobel Prize in economics! In Jan ’11 Obama rightly renominated him yet Shelby prevailed and 2 days ago Diamond withdrew his nomination. I am fuming mad.