"It is easy to confuse what is with what ought to be, especially when what is has worked out in your favor."
- Tyrion Lannister

"Lannister. Baratheon. Stark. Tyrell. They're all just spokes on a wheel. This one's on top, then that's ones on top and on and on it spins, crushing those on the ground. I'm not going to stop the wheel. I'm going to break the wheel."

- Daenerys Targaryen


"The Lord of Light wants his enemies burned. The Drowned God wants them drowned. Why are all the gods such vicious cunts? Where's the God of Tits and Wine?"

- Tyrion Lannister


"The common people pray for rain, healthy children, and a summer that never ends. It is no matter to them if the high lords play their game of thrones, so long as they are left in peace. They never are."

- Jorah Mormont


"These bad people are what I'm good at. Out talking them. Out thinking them."

- Tyrion Lannister


"What happened? I think fundamentals were trumped by mechanics and, to a lesser extent, by demographics."

- Michael Barone

"If you want to know what God thinks of money, just look at the people he gave it to."
- Dorothy Parker

Sunday, June 10, 2012

Ryan McCarthy:
Twitter / mccarthyryanj:
It just occurred to me that I've been reading/editing "Bernanke calls on Congress to spend" stories for more than 3 years…
(via DeLong)
 

Federal Reserve Confirmation by DeLong

To my knowledge:

  • Two people whom Obama intended to nominate or nominated to the Federal Reserve have been refused confirmation: Peter Diamond and Rich Clarida in 2010-2011.
  • Two people whom George W. Bush intended to nominate or nominated to the Federal Reserve have been refused confirmation: Larry Klane and Randy Kroszner in 2008.
  • Two people whom Bill Clinton intended to nominate or nominated to the Federal Reserve have been refused confirmation: Alicia Munnell and Felix Rohatyn in 2005-6.
  • Before then… to my knowledge, at least, you have to go back to 1914 and President Woodrow Wilson and the first batch of nominations to get any other examples: Thomas Jones, Richard Olney, and Harry Wheeler.

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