Why does the coverage of Herman Cain's apparent nomination to the Fed focus on the sexual harassment allegations without mentioning that he is completely unqualified for the job. Don't get me wrong, the sexual harassment stuff is really serious and it is what derailed his 2012 presidential campaign, so it makes sense to cover that. But even if Cain had no such allegations in his record he would be a remarkably terrible choice for the Fed because he isn't an economist and he doesn't seem to have a clue about monetary policy, or any policy at all.
Yes, I know, his lack of ability to speak coherently about policy also should have derailed his presidential campaign, but we all know that doesn't matter when voters choose a president. But the Governors of the Federal Reserve are not directly elected for a reason. They are supposed to be a panel of experts, the kind of people we feel comfortable vesting with their remarkable influence over the economy. Cain is so far from being an expert, no one should treat this nomination as any more than a joke.
So sure, point out the harassment, maybe that will give conservatives the cover they need to protect our economy against this total yahoo. But every article should at least mention the fact that Cain is a buffoon who has no business getting this job.
