The Nobel Does Not Impress the Party of No:

Republicans balked when President Obama won the Nobel Peace Prize, and they remain unimpressed by Peter Diamond winning the prize in economics. That's this afternoon's hot news item.

If you're like me, you've got no idea who Peter Diamond is, but The Washington Post explains that Diamond is a behavioral economist, and that's a branch of the field of study that Republicans have said they're absolutely opposed to.

Again, if you're like me, you've got no idea why they're against this because, like me, you have no idea what this means. Want to bet there's a politician on Capitol Hill who does?

Diamond has been nominated to serve on the Federal Reserve Board, and Sen. Richard Shelby continues to block him, stating that Diamond just doesn't have the credentials for the job.

And Shelby would know this because he's such a shining light on the subject of economics, right?