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Old 09-18-2008, 12:33 PM  
BigCatDaddy BigCatDaddy is online now
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McCain Says SEC Chief Would Get His Walking Papers If He Was President

I don't know what good it would to now, but at least someone butt would fry.


CEDAR RAPIDS, Iowa — Republican presidential candidate John McCain said Thursday he would fire Securities and Exchange Chairman Christopher Cox if he were president, accusing the former GOP congressman of betraying the public’s trust.


President Bush appointed Cox to lead the SEC in 2005. He had been a Republican congressman from California for 17 years and had served on House committees overseeing investor protection and U.S. capital markets.

Democratic presidential candidate Barack Obama had criticized McCain for responding to the financial turmoil on Wall Street by suggesting a high-level commission be established to study its causes. In his speech Thursday, McCain called for the creation of a trust to work with the private sector and regulators to identify institutions that are weak and to take measures to strengthen them.

“You can’t wait any longer for more failures in our financial system,” McCain said.

Stocks on Wall Street have tumbled this week amid the worst financial meltdown in the U.S. since the Great Depression.

An SEC spokesman didn’t immediately return a telephone call seeking comment on McCain’s statement.

The Securities and Exchange Commission oversees regulation of U.S. markets
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Old 09-18-2008, 12:35 PM   #2
Infidel Goat Infidel Goat is offline
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And he'd hire Phil Gramm in his place!!!!1111!!!!!!

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Old 09-18-2008, 12:36 PM   #3
Nightfyre Nightfyre is offline
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I hypothesize that this is a political stunt he is using to separate himself from GWB.
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Old 09-18-2008, 12:36 PM   #4
tiptap tiptap is offline
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Old 09-18-2008, 12:38 PM   #5
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Quote:
Originally Posted by Infidel Goat View Post
And he'd hire Phil Gramm in his place!!!!1111!!!!!!
I doubt he'd consider one of Obama's Fannie Mae buddies.
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Old 09-18-2008, 12:38 PM   #6
J Diddy J Diddy is offline
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Quote:
Originally Posted by Nightfyre View Post
I hypothesize that this is a political stunt he is using to separate himself from GWB.

If I was the president we'd all have a kegger.
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Old 09-18-2008, 12:38 PM   #7
mlyonsd mlyonsd is online now
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If I was the president we'd all have a kegger.
It'll take bottled beer to win me over bub.
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Old 09-18-2008, 12:39 PM   #8
J Diddy J Diddy is offline
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Originally Posted by mlyonsd View Post
It'll take bottled beer to win me over bub.

1000 points of Keystone Light headed your way
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Old 09-18-2008, 12:40 PM   #9
mlyonsd mlyonsd is online now
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1000 points of Keystone Light headed your way
What, did a delivery truck tip over or something?
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Old 09-18-2008, 06:11 PM   #10
Robo-Chachi Robo-Chachi is offline
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Too bad the president does not have the power to fire the SEC chairman.
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Old 09-18-2008, 06:14 PM   #11
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Quote:
Originally Posted by mlyonsd View Post
I doubt he'd consider one of Obama's Fannie Mae buddies.
He already did.
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Old 09-18-2008, 07:26 PM   #12
Silock Silock is offline
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Quote:
Originally Posted by Robo-Chachi View Post
Too bad the president does not have the power to fire the SEC chairman.
http://www.weeklystandard.com/weblog..._the_sec_1.asp
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