Lipstick on a Pig

February 24th, 2006



As Noam Scheiber reports this week in The New Republic, George Bush has nominated yet another appointee to high office without credentials. And while this one lacks experience as an Arabian Horse Show director, he qualifies as a “Brownie” level of disconnect between job requirements and experience. Apparently, this President ranks cronyism not only above disaster response, but also above monetary policy, global economics, and interest rates. With the appointment of Kevin Warsh to the Federal Reserve Board, President Bush has added to a long and growing list of under-qualified officials who will have a long and lasting impact on the nation and, in this case, the world.

After what we can only imagine to have been a search JUST as exhaustive as the one that found Harriet Miers to be the most qualified Supreme Court nominee – Kevin Warsh’s resume and experience must have vaulted him to the top of the list for the Fed. True, he’s not an economist. And yes, he’s a 35 year-old White House aide that did not appear to be on the fast-track to becoming a central banker. But we are sure the fact that he recently married the heir to the Estee Lauder Cosmetics fortune and that his father-in-law has given more than $165,000 to Republican committees in the past four years had no bearing on his appointment.

Strolling down hall of the West Wing to find people he likes for major nominations didn’t seem like a sound strategy in the Harriet Miers nomination to the Supreme Court. And no amount of Estee Lauder makeup can cover up what should be a blush-inducing nomination to the Federal Reserve.

[Jon Kott assisted in the drafting of this posting.]