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Least Valuable Player: Rep. Eric Cantor

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I've complained in the past about Sen. Richard Shelby's willful veto of Peter Diamond's nomination as a Fed governor, and about Senate Minority Leader Mitch McConnell's
intentional stalling of nominees across the board, as a passive-aggressive way to hamstring the administration. Both of them now give way to Rep. Eric Cantor, the House majority leader, who in walking out of the talks to avoid a default on U.S. debt gives as clear an example of petty-ambition-over-national-interest as we've seen in public life in quite a while.

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