In the middle of Sumner's silly diatribe against me he also through up Larry Summers' name as if this somehow proved that I really am as he claims: ignorant of economics. After all, he asked don't I know that Obama wanted Larry Summers. Yes I do. I never supported Summers as a stroll down my archives will attest.
I was quite relieved when his nomination was sunk and very proud that it was a contingent of liberal Democrats who killed it.
"I’m not a Larry Summers fan. I’m glad that the Democrats were able to sink him. Let’s hope the choice is Yellen.
http://www.themoneyillusion.com/?p=24017&cpage=1#comment-282844
Speaking of which look which story has just broken:
"President Barack Obama on Wednesday will announce that he has selected Janet Yellen as his nominee to be the next chair of the Federal Reserve, the White House said Tuesday, bringing a remarkably noisy battle over the top job at the nation’s central bank to what should be a relatively quiet conclusion.
Yellen, the current vice chair of the Fed, was long seen as a much safer choice for the president and she would be the first woman to lead the U.S. central bank. She is close to current Fed Chairman Ben Bernanke and is likely to draw far less Senate opposition than Summers would have.
"We’re a week-plus into this shutdown, and I didn’t hear anything from the president which deviated, even a tiny bit, from what House and Senate Democrats are saying. Not only that, but there doesn’t seem to be any split between any of these Democratic politicians and Democratic activists, party-aligned interest groups and other party actors. They appear to be completely united on rejecting GOP “hostage-taking.”
If GOP unity is hard to hold onto that may well be because they can't even decide what their goal is or even why they've done it.
http://diaryofarepublicanhater.blogspot.com/2013/10/gop-shows-power-of-having-no-end-game.html
I was quite relieved when his nomination was sunk and very proud that it was a contingent of liberal Democrats who killed it.
"I’m not a Larry Summers fan. I’m glad that the Democrats were able to sink him. Let’s hope the choice is Yellen.
http://www.themoneyillusion.com/?p=24017&cpage=1#comment-282844
Speaking of which look which story has just broken:
"President Barack Obama on Wednesday will announce that he has selected Janet Yellen as his nominee to be the next chair of the Federal Reserve, the White House said Tuesday, bringing a remarkably noisy battle over the top job at the nation’s central bank to what should be a relatively quiet conclusion.
The announcement, set for 3 p.m. at the White House, follows a tense public selection process that saw the president’s initial first choice, former Treasury Secretary Lawrence Summers, withdraw his name after fierce opposition from many Democrats.
In more good news-to be 'Yellen' from the rooftops-the GOP is frustrated and its attempts at unity are frayed.
http://www.politico.com/story/2013/10/republican-unity-frustration-debt-ceiling-government-shutdown-98032.html?hp=t1_3"We’re a week-plus into this shutdown, and I didn’t hear anything from the president which deviated, even a tiny bit, from what House and Senate Democrats are saying. Not only that, but there doesn’t seem to be any split between any of these Democratic politicians and Democratic activists, party-aligned interest groups and other party actors. They appear to be completely united on rejecting GOP “hostage-taking.”
"That’s certainly not the case on the other side, where Republicans have turned on each other, sometimes bitterly so, and where party-aligned groups have regularly criticized Republican politicians in Congress, whether it’s the Chamber of Commerce rejecting the Republican approach or tea party groups that have been quick to criticize House Speaker John Boehner and pragmatic conservative Republican senators."
http://www.washingtonpost.com/blogs/plum-line/wp/2013/10/08/the-basic-story-democratic-unity/If GOP unity is hard to hold onto that may well be because they can't even decide what their goal is or even why they've done it.
http://diaryofarepublicanhater.blogspot.com/2013/10/gop-shows-power-of-having-no-end-game.html
No comments:
Post a Comment