Washington Post (November 23)
Fed Chair Jerome Powell has been nominated for another four-year term. If again confirmed, he will face “a daunting challenge: At a time when employment remains several million jobs below pre-pandemic levels, inflation is taking off at a rate not seen for 30 years.” And the blame from all “across the political spectrum” will be pinned on him. “Not since Paul Volcker accepted President Jimmy Carter’s nomination to the position amid double-digit inflation in mid-1979 has any central banker confronted a more difficult situation.”
Tags: Blame, Carter, Challenge, Confirmed, Daunting, Employment, Fed, Inflation, Nominated, Powell, Pre-pandemic, Volcker
Chicago Tribune (August 30)
If the Earth is ever invaded by aliens from another planet, former U.S. president Jimmy Carter would be the ideal negotiator. Carter negotiated the release of an American citizen with North Korea, making him “well-equipped to try to decipher the motives of strange aliens who do not behave according to our ideas of rationality.” This was not Carter’s first negotiation with North Korea. The strange thing this time was that Carter was invited by Kim Jong Il, who bizarrely travelled to China during Carter’s visit. Go figure…or rather don’t even try.
If the Earth is ever invaded by aliens from another planet, former U.S. president Jimmy Carter would be the ideal negotiator. Carter just negotiated the release of an American citizen with North Korea, making him “well-equipped to try to decipher the motives of strange aliens who do not behave according to our ideas of rationality.” This was not Carter’s first negotiation with North Korea. The strange thing this time was that Carter was invited by Kim Jong Il, who bizarrely travelled to China during Carter’s visit. Go figure…or rather don’t even try.
Tags: Carter, Kim Jong Il, North Korea
