Welcome to the Monday edition of your semi-daily open thread. Today is Columbus Day and Canada celebrates its Thanksgiving. How many of you get the day off today?
SNL did a spoof of Christine O’Donnell’s “I’m You” ad that’s pretty amusing.
Aasif Manvi of The Daily Show did a really funny feature on Delaware called Delaware Divided.
| The Daily Show With Jon Stewart | Mon – Thurs 11p / 10c | |||
| Indecision 2010 – Divided Delaware | ||||
| www.thedailyshow.com | ||||
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Richard Shelby has blocked one of President Obama’s nominees to the Federal Reserve because Shelby questioned Peter Diamond’s qualifications. Today, Peter Diamond was awarded the Nobel Prize in Economics.
President Obama sent three qualified nominees to the Senate several months ago to serve on the board of governors of the Federal Reserve. Two were confirmed after significant delays. The third, MIT’s Peter Diamond, was blocked by Senate Republicans.
It appears that the Nobel Prize committee was more impressed with Diamond than the GOP was.
The 2010 Nobel Memorial Prize in Economic Science was awarded on Monday to Peter A. Diamond, Dale T. Mortensen and Christopher A Pissarides for their work on markets where buyers and sellers have difficulty finding each other, in particular in labor markets.
For decades, the researchers have studied what happens when a market is not made up of identical, cookie-cutter units — as is true with the job market, where all workers have different skills and weakness. In many cases, there are significant search costs to finding the ideal match between a buyer and a seller of a good, like the job to a job-seeker.
So, Richard Shelby will admit he’s wrong and stop blocking Professor Diamond? LOL, I crack myself up there.