« BACK  |  PRINT

RS

MEMBER DIARY

Breaking: McCain wants Chris Cox fired

By: red_oakster (Diary)  |  September 18th, 2008 at 01:51 PM  | 

RESIZE: AAA

http://news.yahoo.com/s/nm/20080918/plnm/usapoliticsdc16

If McCain thinks this is going to work, I’m afraid he and his advisors are really out of touch on how badly his vacuous economic populism is playing. It will be interesting to see how far he needs to slip in the polls before someone on his team makes the connection.

Tags:

COMMENTS

POSTING RULES  |  LOGIN TO COMMENT  |  REGISTER TODAY
  • ladyofcarlisle

    Chris Cox should be fired?! What next I wonder? Get a grip, Mac! Cox would have made a good VP pick, in fact. Watching this campaign one needs a Dramamine…

  • Darin_H

    His failure to act quickly enough on naked short selling added fuel to the financial fire. Naked short selling a stock is different from short selling in that the shares aren’t actually borrowed when they are sold short, aka fraud. Cox has talked tough, but his actions have lagged.

  • cdm

    perspective on this.

    When a ship goes aground, the Captain is relieved, regardless of whether the action were directly his fault (or even if he was on watch at the time of the grounding).

    In regards to Cox, he has been an effective Congressman, and is clearly a bright lawyer and all around smart guy and good conservative. However, his current position is not the above, and the market did come aground on his watch.

    There have been whispers for months about his job at the SEC. The SEC job is a cop job, and his detractors say he has handled it like a lawyer – always trying to deflect blame and liability from the agency.

  • gamecock

    not to think.

  • ladyofcarlisle

    I tend to agree; I’m trying to think this current market turmoil through and not fall prey to easy populism and panic. Maybe there does need to be changes at the SEC, but Senator McCain needs to be able to explain it more intelligently and less defensively. Personally I feel our economy is going through a correction relating to easy credit, low interest loans, the irresponsibility of government secured Freddie Mac and Fannie Mae, etc. It seems like this Wall Street turbulence will be a green light for less free market and an ever expanding federal government.

  • gamecock

    http://www.redstate.com/diaries/gamecock/2008/sep/18/paulson-panic-prevention-for-a-us-too-big-t/

    http://www.redstate.com/diaries/redstate/2008/sep/18/wall-street-hits-a-rough-patch/