Breaking: McCain wants Chris Cox fired

Thursday, September 18th at 1:51PM EST

6 Comments

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.

6 Comments Leave a comment

embarrassing

ladyofcarlisle Thursday, September 18th at 7:37PM EST (link)

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…

Carrie

Cox should go

Darin_H (Diary) Thursday, September 18th at 8:12PM EST (link)

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.

A visionary coward says that anger can be power, as long as there’s a victim on TV – Flat Top, Goo Goo Dolls

I think McCain is bringing a little bit of Navy

cdm (Diary) Thursday, September 18th at 8:22PM EST (link)

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.

I hate the "on his watch" meme. It is an excuse

Mike gamecock DeVine (Diary) Thursday, September 18th at 8:50PM EST (link)

not to think.

Mike DeVine’s Examiner.com, Charlotte Observer and The Minority Report columns
“One man with courage makes a majority.” – Andrew Jackson

"on his watch"

ladyofcarlisle Thursday, September 18th at 10:38PM EST (link)

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.

Carrie

good points - see if GC's and BH's latest blogs helps

Mike gamecock DeVine (Diary) Thursday, September 18th at 11:13PM EST (link)

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/

Mike DeVine’s Examiner.com, Charlotte Observer and The Minority Report columns
“One man with courage makes a majority.” – Andrew Jackson