PD's Choice of NCB Economist to be on Panel seems Strange

Is it just us, or does seem strange to other people? The Cleveland Plain Dealer has a panel of economists from the area who it uses to forecast how things are going to go economically in the region. The PD ran an article on Sunday using this panel. One of the panel members is the chief economist from National City Bank, you know, the bank that just got sold to a Pittsburgh bank because it lost millions of dollars on bad loans. The bank that couldn't get Federal TARP funds. The bank whose demise may cost literally thousands of Ohioans their jobs. 

Now this guy may be a very good economist, and may make good predictions, but using someone from a bank that just had to be sold because of bad decisions strikes us as strange. Of course, this is nothing new for the media. 

You can look at any Sunday talking-heads show and see people who were wrong about the Iraq War, wrong about the effects of Bush's reckless tax cuts regarding federal deficits, and wrong about the economy chatting it up like nothing ever happen. Meanwhile, people who were right about these issues aren't represented on such shows nearly as often. 

The media has developed cozy relationships with so-called "experts" and uses them regardless of whether they are right or wrong. While such a practice is great for the "experts", and probably produces great friendships between the media representatives and the "experts", it doesn't do a thing for the media's credibility.