Bernanke Survives

Via the Wall Street Journal:

Earlier, senators voted 77-23 to end debate, clearing the way for a final vote. During more than two hours of debate on the Senate floor, Bernanke backers warned that voting him down risked sparking turmoil in U.S. and foreign markets and thwarting a budding economic recovery. They said the Fed chairman deserved an opportunity to finish what he started.

Look, I’m not an expert on the finer details of economics at the Wall Street level, but this paragraph disturbs me. By this logic, we were wrong to elect FDR over Herbert Hoover.

MORE: Michelle Malkin nails it:

Obama inherits Bush policy — and keeps it.

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