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The normally mild-mannered Felix Salmon wakes up, rubs the sleep out of his eyes, and starts out the week by noting that the rejection of Elizabeth Warren to regulate consumer finance is entirely indefensible while the rejection of Peter Diamond for a seat on the Fed is just plain batshit crazy. Then he asks:
Is it even possible, at this point, for the Obama administration to nominate someone who the Republicans won’t automatically oppose on the grounds that he or she is an Obama nominee? And if it’s not possible, does the whole stalemate just become a shouting match?
Me! Me! Call on me! I can answer those questions! The answers are (a) No and (b) Yes. Any other questions?
