Diary

Andrew Cuomo And The Subprime Mortgage Crisis

Once again, it is time to call shenanigans on one’s own side.

Just yesterday, Senator McCain reiterated that he wanted SEC Chairman Chris Cox gone and said that he would like to replace Cox with . . . Andrew Cuomo.

Is this a “getting a fox to guard the chicken coop” moment? Why, yes. Yes, it is. And by the way, this link ought to remind you of the degree to which government is acting like Captain Renault in Casablanca and coming in to tell us that it is shocked–shocked!–to find out that there are defaults in the subprime mortgage market.