“By Bush administration standards, the choice of Ben Bernanke to succeed Alan Greenspan as chairman of the Federal Reserve was just weird.
“For one thing, Mr. Bernanke is actually an expert in monetary policy, as opposed to, say, Arabian horses.”
— Paul Krugman, who adds:
“All of this raises a frightening prospect. Has President Bush been so damaged by scandals and public disapproval that he has no choice but to appoint qualified, principled people to important positions?”