Karol Markowicz: Don't Buy The Left's Unhinged Attacks on Stephen Moore and Herman Cain

I completely forgot that Herman Cain already served on a Fed Regional Bank Board.

Cain and Moore, in other words, shouldn't have expected fair treatment from the mainstream media. Yet both men have the right experience for the Fed seats to which they are likely to be nominated.

Start with Cain, whose US Senate campaign I worked on in 2004 and who has extensive experience in economics and finance.

From 1995 to 1997, he served as chairman of the Federal Reserve Bank of Kansas City, having served as deputy chairman for two years before that.

If that's not relevant experience, what's the point of the Regional Bank Boards?

As for Moore, he has worked as an economist at both the conservative Heritage Foundation and the Congressional Joint Economic Committee. He has also served as an editorial writer for the Wall Street Journal and occasionally contributes to these pages.

posted by Ace of Spades at 01:08 PM

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