SEC chairman responds to McCain

linda ratliff — Thu, 18 Sep 2008 20:48:50 GMT

With mccain's amount of errors coupled with sarah's we are in BIG trouble if they see the oval office

SEC chairman responds to McCain

happy, boston, ma — Thu, 18 Sep 2008 20:49:26 GMT

old quick trigger john and his "well thought out" executive decisions.

SEC chairman responds to McCain

lp — Thu, 18 Sep 2008 20:49:27 GMT

http://tpmelectioncentral.talkingpointsmemo.com/2008/09/mccain_campaign_falsely_attack.php

SEC chairman responds to McCain

matthew — Thu, 18 Sep 2008 20:50:00 GMT

Wow! McCain & Palin getting slapped by 'both sides'!! tsk-tsk! 'tis not a good day for thee 'ol' boy' McCain!!

SEC chairman responds to McCain

Anne/Ohio — Thu, 18 Sep 2008 20:50:24 GMT

I mean WOW, Keep trying Mr McCain Maybe the bafoon will vote for you!

SEC chairman responds to McCain

Clara Kansas City, MO — Thu, 18 Sep 2008 20:50:57 GMT

Of course McCain could do whatever he wants - He is McBush and they don't need guidelines, rules or even a constitution to get in their way.

That's some pretty crooked straight talk rhetoric he's got going on. Too bad he has no grasp of the situation. I just heard AIG's CEO is getting a $7M severance package. r u freakin' kidding me? Don't we have a say as to whether or not he is fired with cause? How do these greedy b@st@rds live with themselves? Un-freakin'-believable!

SEC chairman responds to McCain

Pete - Albany, NY — Thu, 18 Sep 2008 20:51:39 GMT

Hey, it may be semantics, but the President does not have the absolute authority to fire the Chairman of the SEC!!!

http://blogs.abcnews.com/politicalpunch/2008/09/from-the-fact-2.html

Anybody with a firm grasp of the US Economy should know that!

Bottom line, it's empty rhetoric...Old Man yells at cloud!

SEC chairman responds to McCain

Ken, Pittsburgh, PA — Thu, 18 Sep 2008 20:51:41 GMT

The end of the "Uptick Rule" that is a major cause of these componies' stock values to droping at unreal rate was implemented and defended by Cox. He must go and the Uptick Rule should be restored.

SEC chairman responds to McCain

Molly Kansas City — Thu, 18 Sep 2008 20:52:00 GMT

"Yea...and we're Republicans so we don't follow the law anyway!...and we do whatever we want to and then cover it up or claim Executive Privelage!" added Tucker Bounds

SEC chairman responds to McCain

James, Wichita, KS — Thu, 18 Sep 2008 20:54:21 GMT

McCain is a hot head and he repeatedly shows it. We need a strong steady hand at the helm of our government.

If it were left to a McCain / Palin ticket, we would be having WWIII with Russia now and would be bankrupt to boot.

No, no... no McCain, please God no!

http://laststopmidwest.blogspot.com

SEC chairman responds to McCain

Brian Glanz, Seattle — Thu, 18 Sep 2008 20:54:44 GMT

The President of the United States DOES NOT HAVE THE AUTHORITY to fire the SEC Chair, because the SEC is an independent regulatory commission. After a lifetime in the Senate and two runs for the Presidency, McCain still doesn't know what it is, exactly, that the President can and cannot do.

Back in the 1930s, McCain was born and President Franklin Delano Roosevelt "fired" a member of the Federal Trade Commission; later, the Supreme Court ruled the President had acted unconstitutionally.

There is no amount of spin from the McCain-Pain campaign that can explain McCain's lack of understanding about this basic separation of powers. It looks like McCain knows as much about the economy as Palin knows about foreign relations. The fundamentals of his campaign are about as strong as the fundamentals of our economy.

SEC chairman responds to McCain

vivian, bowie, maryland — Thu, 18 Sep 2008 20:54:48 GMT

mccain stinks and Obama rules!

SEC chairman responds to McCain

Indie Woman in Denver — Thu, 18 Sep 2008 20:57:05 GMT

McCain has gone out of bounds and over the edge in calling for the Chairman of the SEC to be fired, especially given McCain's shakey grasp of economics. The current POTUS gets to make that choice, not a candidate for that job. It doesn't make McCain look any better or smarter to be making such rash comments for political gain (or in this case, probably political loss). He must be getting REALLY desperate...

SEC chairman responds to McCain

twocanpete — Thu, 18 Sep 2008 20:57:06 GMT

http://twocanpete.blogspot.com/
Or he could have said 'whasup dawg'? Isn't that what modern gangsters say when they've just been rolled over on by one of their own?

SEC chairman responds to McCain

jawillie, Philadelphia, PA. — Thu, 18 Sep 2008 20:57:29 GMT

So now McCain wants to re-write history to his advantage. Of course, that's what he's been trying to do this entire campagin by lying about his own record.

Maybe he should stop trying to sound like a politician and give up some REAL answers.

SEC chairman responds to McCain

Rio, Milwaukee — Thu, 18 Sep 2008 20:59:35 GMT

Sound like McGrumpy and Caribou Barbie are on the same page with this one. Let's just fire people without cause.

Sorry McBush we won't welcome you to the White House.

Obama 08

SEC chairman responds to McCain

no joe, no bo, NJ — Thu, 18 Sep 2008 21:00:09 GMT

Of course a president can remove an appointtee. Good lord, First Read, READ A BOOK.

SEC chairman responds to McCain

GG, FL — Thu, 18 Sep 2008 21:00:57 GMT

John "DEREGULATOR" McCAIN; 26 YEARS OF TELLING US THAT GOVERNMENT HAS NO PLACE UNTIL AMERICA GOES TO HELL IN A HAND BASKET AND THEN IT'S WHERE'S THE GOVERNMENT TO BAIL US OUT OF THIS MESS.

McCAIN CAN BLAME THE CHAIR OF THE SEC, BUSH, REPUBLICANS AND PRETEND THAT HE'S NOT A DEREGULATOR BUT JUST CHECK THE RECORDS ON THE BOOKS AND WATCH THE VIDEO, 26 IN TOTAL FROM JUST THIS YEAR MAKING FUN OF THE GOVERNMENT AND TELLING US GOVERNMENT DOESN'T BELONG IN OUR BUSINESS

REPUBLICANS AND McCAIN RAN UP A DEFICIT OF $10TRILLION DOLLARS GETTING "RICH AND ENRICHING THEIR FRIENDS, ENRICHING WALLSTEET AND THE CORPORATIONS"

BUT KEPT TELLING US TO APPROPRIATELY USE GOVERNMENT FOR THE VERY TAX PAYERS WHO KEEPS PAYING THESE CROOKS IS JUST WRONG.

WELL JOHN McCAIN AND HIS MERRY BAND OF CROOKS CAN GO FLY NO MORE

SEN. OBAMA 2 YEARS AGO CALLED COR REGULATION BECAUSE WALLSTREET WAS RUNNING WILD, THEY IGNORED

SO WE WILL IGNORE MCCAIN AND THE REPUBLICANS AT THE POLLS

NOW IT'S ABOUT OUR MONEY, OUR RETIREMENT AND OUR VERY LIVES, THEY CAN GO FLY

SEC chairman responds to McCain

Linda Montgomery, AL — Thu, 18 Sep 2008 21:01:04 GMT

Perhaps Gov Palin's firing record has inspired McCain to acquire one of his own.

SEC chairman responds to McCain

Liz — Thu, 18 Sep 2008 21:01:29 GMT

McCain believes you Act first -- Think second. What a comforting quality in a CIC.

SEC chairman responds to McCain

Blade — Thu, 18 Sep 2008 21:01:45 GMT

Non story. John is just trying to pander to the middle-class. Nice try John, but we don't buy it anymore!!

SEC chairman responds to McCain

Dave in OC, Vets for Obama — Thu, 18 Sep 2008 21:02:59 GMT

McSame gets OWNED again.

Like Barack said today, "that's fine to fire one guy, BUT HOW ABOUT FIRING THAT WHOLE CROWD!"

Vets for Obama

SEC chairman responds to McCain

Tzalaran — Thu, 18 Sep 2008 21:03:59 GMT

Gotta love McCain speaking from his arse...

when are the american people going to see this ticket for the joke they are? Tucker Bounds is a pathetic waste of oxygen who has no idea what the truth, honor, or basic human decency is. i loved watching that Fox anchor make him look like a fool, not that it is that hard really...

http://horneddevil.proboards98.com/index.cgi?board=iduspolitics

SEC chairman responds to McCain

Simon, CA — Thu, 18 Sep 2008 21:04:33 GMT

Could we get Hector Sants to take the job?

SEC chairman responds to McCain

John, San Juan Capistrano, CA — Thu, 18 Sep 2008 21:04:43 GMT

I am an Orange County Dem, who supports Chris Cox. He is one of the most trusted politians in the OC and actually has more integruity then John McCain and Lipstick Palin

SEC chairman responds to McCain

C.Hopper, AVL, NC — Thu, 18 Sep 2008 21:04:52 GMT

Looks like he would handle dissent just like BUSH 44!!!

SEC chairman responds to McCain

Martin, Dallas Tx. — Thu, 18 Sep 2008 21:04:57 GMT

The real question is, "Who will John McCain replace him with". Hopefully, its not the same person who told him the economy was "Fundamentally Strong".

SEC chairman responds to McCain

Rob, Carlsbad, CA — Thu, 18 Sep 2008 21:05:25 GMT

LOL...

Tough guy McCain is going to fire SEC chairman. Wow, he's a tough guy maverick. He's going to fire someone. Damn, look out. He's on fire and he's pissed at the SEC chairman and firing him is going to fix the market meltdown.

What a tool.

SEC chairman responds to McCain

Beverly in Chicago — Thu, 18 Sep 2008 21:07:15 GMT

McCain is becoming more and more detached. Either McCain doesn’t know much about checks and balances or he wants to the oldest man in US history that he will say and do anything.
People how much more can you tolerate?

Stop glossing over!
No way!
No how!
No McCain/Palin!
Nobody but Obama/Biden

SEC chairman responds to McCain

C A, Tuscaloosa, AL — Thu, 18 Sep 2008 21:07:19 GMT

"I leave the political campaigns to pursue their own course".

Sounds like Chairman Cox is telling McCain to stick it up his a--.

Is this not a typicel response from McCain? Everything has to be fight, war, sabre rattling, firing, aggression, shoot from the hip for McCain. And with a VP running mate who apparently has the same kind of attitude and style this country better be darn sure that these two do not get into the Whitehouse. Otherwise these two will rip this country and any internnational relations apart.

SEC chairman responds to McCain

LARRY, UNION, KY — Thu, 18 Sep 2008 21:08:29 GMT

WE AS VOTERS SHOULD FIRE EVERYONE...THIS ENTIRE GEORGE BUSH ADMINISTRATION. THE BUCK STOPS AT THE DOOR STEP OF MR. BUSH. SO, THEY SHOULD GO.

ALSO, MR. McCAIN SHOULD NOT BE HIRED AS PRESIDENT BECAUSE HE, AS A REPUBLICAN, WILL HIRE THE CURRENT ADMINISTRATION BACK. NET EFFECT...NO CHANGE.

SEC chairman responds to McCain

jerryz7936 — Thu, 18 Sep 2008 21:08:46 GMT

Keep making mistakes. He looks so unprofessional.

SEC chairman responds to McCain

Billy, Texas — Thu, 18 Sep 2008 21:08:56 GMT

That's John McCain:

Ready, Fire, Aim!

SEC chairman responds to McCain

Not Fooled — Thu, 18 Sep 2008 21:09:19 GMT

Did Chris Cox make a pass at Cindy McCain? (That was tongue in cheek for those who want to bash my previous statement and accuse me of not reading the article.) Oh the abuse of power.....John and Sarah were made for each other.

SEC chairman responds to McCain

DV, CA — Thu, 18 Sep 2008 21:11:46 GMT

SEC can only work with the regulations they are given.

SEC chairman responds to McCain

Jan, MI — Thu, 18 Sep 2008 21:13:24 GMT

Was McCain thinking when he said he would fire the SEC Chairman? During time of turmole there is no logic to fire someone unless they caused the turmole or was not handling the situation. Chairman Cox is doing his best with what was handed to him by lack of regulation enforcement by the current administration.

This looks like another McCain flying off the handle without understanding the situation or looking at long term effects. This is not the type of President we need during very trying times.

SEC chairman responds to McCain

djn, Jupiter, Florida — Thu, 18 Sep 2008 21:14:03 GMT

McCain is correct about the firing.
I know this is a disappointment for all of you MSNBC Obama "ites" who have made a sham of professional journalism with your biased reporting. Trust me, there many women like me who know what your agenda is. I miss Tim Russert who may have been able to reel all of you in back to reporting instead of the propaganda that you report daily to soothe to your democratic base. I used to watch you, but now I just change the channel.

SEC chairman responds to McCain

No Dipstick and Lipstick — Thu, 18 Sep 2008 21:15:31 GMT

McCain thought that SEC referred to the Southeastern Conference.

SEC chairman responds to McCain

Lyn, St Geo, Ut — Thu, 18 Sep 2008 21:16:11 GMT

Gee I wish someone would fire McCain.

SEC chairman responds to McCain

Drew Connolly Perrineville, NJ — Thu, 18 Sep 2008 21:18:59 GMT

As a former member of the SEC Advisory Committee on Smaller Public Companies my experience with both the staff at the SEC and Chairman William Donaldson and the Chairman Chris Cox was instructive to me. As a financial advisor to and a financier of micro and small cap companies who were getting the short end of the investment community's attention we had a respectful, comprehensive and ultimately successful response while working to advocate market reforms. Mr McCain may catch a headline but the public will not be well served by firing Mr Cox.

SEC chairman responds to McCain

LoOK — Thu, 18 Sep 2008 21:19:04 GMT

McBush said he thinks, “The fundamentals of our economy are strong.” He said this on the same day that the DOW plummeted, and since then, it has continued to plummet, and only starting to rebound today…who knows about tomorrow. Remember when you told us the economy was not your strongest subject McBush? Thanks for not lying to us on that one.

http://lastofourkind.blogspot.com

SEC chairman responds to McCain

Jill Reno NV — Thu, 18 Sep 2008 21:19:07 GMT

I agree with Obama in his New Mexiico Speech
FIRE THEM ALL

OBAMA/BIDEN 08

SEC chairman responds to McCain

jmp, northern MN — Thu, 18 Sep 2008 21:19:12 GMT

FIRE THE DUDE THAT DID WHAT YOU TOLD HIM TO????

It's the SEC chairman's responsibility to carry out the policies/laws that are given to him. I don't think he's not culpable at all--but I KNOW that the policies of deregulation got us where we are.

Who got us here??
Who loves deregulation??

Phill Gramm.
John McCain.
Sarah Palin.

SEC chairman responds to McCain

Cindy, Portland, OR — Thu, 18 Sep 2008 21:22:03 GMT

It's a little late for Mr. McCain to be calling for the SEC to come down hard on Wall St. when he was the one that helped take the teeth out of the SEC with his desire to deregulate everything. This is what happens when you let the market take over without ANY rules---Greed becomes king.

Can someone tell me what exactly Mr. McCain's plan is? First, the economy is strong, then we're in crisis; then, it's form a commission to study it while Americans are losing their jobs at an alarming rate and Wall St. crumbles; then, it's fire the SEC chief and start regulating everything after he's called for deregulating everything for at least 10 years. Enough is Enough!

SEC chairman responds to McCain

Fred A, Seattle, WA — Thu, 18 Sep 2008 21:24:38 GMT

McCain will fire his own mother if it will get him into the office! Desperately seeking ANYTHING that could get him elected...will say or do anything!

This is what it has come to...huh...SAD!

SEC chairman responds to McCain

waukone — Thu, 18 Sep 2008 21:26:16 GMT

If we are to blame anyone we should start with ourselves. American's oversimplification of the government is part of the problem. We have vilified the important role of government with a "throw out the baby with the bathwater" mentality. Replacing it with an unrealistic "the freemarket will do what is right". Right for who?

We don't want any taxes but we complain because we don't have services. We don't want government oversight of food, drugs, safety, water, etc. but we want to be fixed by the government everytime something goes wrong.

Look at the number of red states suffering under the hits of gustov and ike. How many want less government and less taxes if it means that they can't get food, water and shelter?

As someone said today government needs to be not to big, not to small, not to impotent and not to agressive, but just right. This means that you have to bring a common sense to the art of balancing the roll government needs to play in our lives vs the oversimplified view promoted by most politicians.

I'm tired of the quick sound bites vs. dialogue.

I watch the blogs and see this play out in a rude and nonsensical dialgue most of the time.

What about thought vs. knee jerk sound bites even within the blogs.

SEC chairman responds to McCain

SicknTired, Silicon Valley USA — Thu, 18 Sep 2008 21:26:22 GMT

What I hate about McCain and Palin: neither of them think before they make threatening statements. The office of the presidency is not a game show (yes, it turned into one with Bush admin). This is a place where you hope the P and VP take careful, intelligent thought before they announce a strategy. Americans, you will not get that from a C student (Bush)...we learned that lesson after 8 embarrassing years. You will not get it from an ex-POW or a hockey mom with little educational background and political background. For once, aim for a smart, well educated person, who gives great thought to his words and actions. This crazy shot of threatening words to the SEC Chairman was not helpful, especially in our current financial/economic crisis. It is a little bit like killing all the firemen because they couldn't get the raging fire out! Easy for McCain to point his finger and get out his hatchet. Obama/Biden '08/12. Thank you.

SEC chairman responds to McCain

Marcus — Thu, 18 Sep 2008 21:29:59 GMT

John McCain is flailing about.

SEC chairman responds to McCain

Stu, Los Angeles, CA — Thu, 18 Sep 2008 21:32:07 GMT

Senator McCain should fire HIMSELF!

SEC chairman responds to McCain

Terry, Great Plains — Thu, 18 Sep 2008 21:32:40 GMT

Me thinks McCain protest to much. This is the man who made the SEC toothless. McCain talks the talk but sure can not walk the walk. Besides as he informed the ladies on the VIEW he is a strict constructionist on the Constitution. This means those activists judges and those amendements can all be washed away with McCain as President.

SEC chairman responds to McCain

Sari T, Toronto, Ontario — Thu, 18 Sep 2008 21:33:18 GMT

I am a Canadian and a Chucky T fan (you have a many fans here in Toronto!). It is amazing that Americans don't see what an incompetent person John McCain and his sidekick Sarah Palin is. Canadians are praying and biting our fingernails hoping that Americans see the light and vote for Obama/Biden.
ST

SEC chairman responds to McCain

Frankie D, Union, NJ — Thu, 18 Sep 2008 21:35:11 GMT

The point if he can fire him or not is moot. He is not going to be president.

SEC chairman responds to McCain

smartest guy in the room — Thu, 18 Sep 2008 21:35:12 GMT

If I were head of the SEC I would fire McCain!

SEC chairman responds to McCain

D'Arcee Neal, Temple Hills, Maryland — Thu, 18 Sep 2008 21:39:12 GMT

This is simply because the McCain campaign is playing games. To them, the voters are like a chessboard, and each person on the campaign is a moving piece of the game. They will say what they need to (i.e. "the economy is strong") in order to get people to back them, and then when things don't work out the way they want, the story will radically shift so that people can't tell.

They did the same thing with Palin and her "anti sex-ed" viewpoint, which coincidentally was switched around quite promptly when we all found out her unwed teenage daughter was indeed pregnant. This is all a WORDS game.

And Obama is quite right. America is not in such a state to risk playing it. Maybe back in the 1990's, when things were better and we could afford to lose some prestige in the world, lose some financial stability. But now? NO WAY. Enough truly IS enough.

SEC chairman responds to McCain

Ken Philadelphia PA — Thu, 18 Sep 2008 21:40:32 GMT

McCain has chosen the SEC Chair because he most closely identifies with the only response available to him. He cannot blame Commerce or Banking Committees which may work with SEC because he and Graham are part of them. Nor can he blame Bush. The SEC is not a corporate auditor, though they require companies to conform to existing regs. The financial sector has been asking these companies to open their books since 2/3 of the S&P had to restate their earnings back in 02-04+ (Sarbanes -Oxley). Come on the SEC to regulate the Ins, Mortg, Inv. Bank, and Bank sectors. It evidences one thing only, economics is not his strong suit

SEC chairman responds to McCain

KeithK — Thu, 18 Sep 2008 21:41:16 GMT

too late for Cox to hide behind today's actions, too. Let's ask him about the dates of the articles written at www.deepcapture.com and www.thesanitycheck.com
for that matter, look at the comments that go back for months at proposed rules at http://www.sec.gov/comments/s7-08-08/s70808.shtml

SEC chairman responds to McCain

John, Morgan Hill, California — Thu, 18 Sep 2008 21:41:55 GMT

Chairman Cox was unanimously confirmed by the US Senate in 2005. The deregulation of the banking industry predates Chairman Cox by decades and was primarily championed by Republicans, McCain included.

Today "I would fire" nonsense is just more posturing.

SEC chairman responds to McCain

Joe Don, Topeka, KS — Thu, 18 Sep 2008 21:42:39 GMT

Looks like MCain just admitted this was another meaningless grandstanding play on his part. The president has no authority to fire Cox. He can name another SEC member as chairman, but Cox would continue to have the same vote he holds now.

That's why the original McCain statement referred to the chairman serving "at the appointment" of the president instead of "at the pleasure" of the president. If he did recognize the difference, he was just blowing hot air to deceive voters. If he didn't know the difference, he said he'd do something (fire Cox) that's against the law. Once again, he'd be ready to ignore the law just like his hug-buddy Bush.

SEC chairman responds to McCain

Joyce, NY — Thu, 18 Sep 2008 21:48:11 GMT

It's pretty amazing how the Republicans are calling Obama liberal, socialist what have you.

I got news for you folks, the situation we are in now with the Government saving these financial institutions is as socialist as you can get. Even Canada doesn't do that. Canada is proud of it's universal health care among other things but even they didn't go this far.

And whose administration is responsible for this? That's right - the Republicans. So before you folks cry socialist, try to look for it's definition and then the mirror.

This is like the people questioning Barrack's patriotism yet turns a blind eye on Sarah Palin and her husband's membership to an organization that wants Alaska out of the union. Hypocritical is an understatement.

MSNBC does not have the gut to post this.

SEC chairman responds to McCain

DV, CA — Thu, 18 Sep 2008 21:49:13 GMT

Can someone tell me what exactly Mr. McCain's plan is?
Cindy, Portland, OR
*****

If and when he ever comes up with a plan, I am sure someone will say something. At the moment, the repub ticket is running on rhetoric, hot air and generic scripted answers. Toss in some rah rah flag waving, fear mongering, and 'good 'ol down to earth folks, heeehaaw' for good measure.

SEC chairman responds to McCain

BrendaF, Mesquite, TX — Thu, 18 Sep 2008 21:50:45 GMT

@Cindy, Portland, OR

You go girl!!!

SEC chairman responds to McCain

KNOWLEDGE IS THE WAY — Thu, 18 Sep 2008 21:54:14 GMT

WHile McBroke argues symantics over who he can hire and fire, we will join the Obama push for Change We Can Believe In.........whenever you are done, come and join us

SEC chairman responds to McCain

ESH, NYC, NY — Thu, 18 Sep 2008 22:01:36 GMT

I'll tell you waht McCain's plan is! It's to wait for Obama to think it up first and then McCain will try his damnedest to crib a cheap version of it and claim that it was all his original idea!

The Republicans have been so blatantly playing Follow the Leader with Obama that I'm surprised that NO ONE in the media has commented on it.

SEC chairman responds to McCain

Jack, Santa Cruz, CA — Thu, 18 Sep 2008 22:02:59 GMT

McCain couldn't fire the SEC Chairman. Only Congress can do that.

Once again he has overestimated himself.

SEC chairman responds to McCain

Shubert, NY, NY — Thu, 18 Sep 2008 22:05:17 GMT

Why can we all see this McSame guy is not OK!... fighting yourself is strang... What is the medical therme?

SEC chairman responds to McCain

Raymond Mondragon Clovis, New Mexico — Thu, 18 Sep 2008 22:05:21 GMT

John McCain recently has had alot of misstepsas well as Gov. Palin i nthe bridge to no-where, and talk about the deer looking at the headlights no pun intended on the Charlie Gibson question about the "Bush Doctrine" I am a rReagan Democrat who voted for Bush 41 the first time twice for Clinton and Twice for Bush 43. I was leaning McCain but I think I've heard enough. I'm supporting change that I can believe in.

SEC chairman responds to McCain

Gil Dively Winchester, Va. — Thu, 18 Sep 2008 22:06:12 GMT

Old McBush sounds about as bright as his vp choice who has 2 books in her library and one of them is not even colored in yet

SEC chairman responds to McCain

GSJ, Minneapolis, MN — Thu, 18 Sep 2008 22:09:19 GMT

Please don't be fooled by McCain's posturing. It was McCain, led by his economic advisor Phil Graham(who was senator at the time), that led the passing of all the de-regulation that got us in this mess. Like Cindy said "he took the teeth out of the SEC". You can't give cops whistles, and expect them to police the streets. Then when crime runs rampant turn around and fire the police chief for not being able to do his job...

SEC chairman responds to McCain

Barry, New Brunswick — Thu, 18 Sep 2008 22:12:17 GMT

Poor John, unsuccessfully trying to make it look like he knows what he's talking about and stimulate the image that he's different. Helps to know how markets actually work (and therefore need to be regulated on some issues) and what a president legally can do.

SEC chairman responds to McCain

Rich Shell — Thu, 18 Sep 2008 22:34:02 GMT

Sen. McCain's passing the buck again. He and the rest of the Republicans have done everything they can to destroy Gov. Programs and Commisions to make them appear that they won't work. Don't ya see Martha.

SEC chairman responds to McCain

A.Brocco,Albuquerque,NM — Thu, 18 Sep 2008 22:35:21 GMT

It would appear that McCain and Palin are having a contest to see who can shoot from the hip fastest without taking time to check facts before the "shoot" off their mouths. Republicans, are you still sure about these clowns?

SEC chairman responds to McCain

Hector, Lexington, KY — Thu, 18 Sep 2008 22:39:50 GMT

Is this what we can expect from a McCain/Palin White House - one constitutional challenge after another? I guess we didn’t learn anything in the past seven years from an administration has little regard (and respect) for the rule of law.

I guess it OK because according to Governor Palin its Gods will that Chairman Chris Cox be fired.

SEC chairman responds to McCain

A woman for Obama in Las Vegas, NV — Thu, 18 Sep 2008 22:42:59 GMT

McCain doesn't know which way is up! He didn't want AIG to be bailed out then backtracked and said he was for it when economists said if it hadn't happened the fallout would have been far, far worse for the economy.

He admitted during the primary campaign that he didn't have as much experience in economics as he hoped but touted his 'war' experience. Now he is touting that he is more experienced than Obama as Chairman of the Commerce Committee. My goodness, get a story and stick to it!!! It sickens me!

SEC chairman responds to McCain

S.Modi, Brooklyn, NY — Thu, 18 Sep 2008 22:56:46 GMT

I think old age is catching up with McCain. He either changes his tone or does not remember what he has done in the past. He is out of touch with the reality. Are we ready to elect this man the next President of America?

SEC chairman responds to McCain

S.Modi, Brooklyn, NY — Thu, 18 Sep 2008 22:57:36 GMT

SEC chairman responds to McCain

denise, Tampa, FL — Thu, 18 Sep 2008 22:59:59 GMT

first he wants to bomb Iran, then he wants to attack Russia in defense of Ossesia, now he wants to fire the SEC....and he's only PRETENDING to be president! Is there ANYONE he won't attack? Lord, please help this man. And help this country if he is elected.

SEC chairman responds to McCain

Barry in Texas — Thu, 18 Sep 2008 23:05:29 GMT

As a liberal democrat and a CPA, I was suspious when Chris Cox was appointed to the SEC. But I think he has done an outstanding job of trying to balance regulation and cost-effectiveness. He has worked diligently to apply the Sanbanes-Oxley requirements to business financial statements, and also to update SEC rules and procedures. John McCain's call for his ouster is just a phony attempt to create a scapegoat out of someone who's not associated with his campaign. The law that repealed the long-standing Glass-Steagall Act from the 30's which regulated banks was put through Congress by-are you ready-McCain's number one advisor, the infamous Phil Gramm. McCain is a lying sack of you-know-what.

SEC chairman responds to McCain

mexed — Thu, 18 Sep 2008 23:08:18 GMT

Would he appoint a new chairman with as much thought as for his VP choice?

SEC chairman responds to McCain

afisher — Thu, 18 Sep 2008 23:11:05 GMT

If this is one of McCains measured, calm, well planned reforms that he is talking about, I am certainly not reassured that he can be the President. Is this his 3AM phone call response?

Did he talk to his buddy Phil Graham (guhru of his economic plan) ...or is this his maverick behavior?

Sorry, if I was ever going to vote for him...NOT NOW.

SEC chairman responds to McCain

Tom kaye — Thu, 18 Sep 2008 23:11:13 GMT

McCain, once again is slow on the draw. Blaming one person for the mess of 8 years of Bush with most of that time of Republican control of the government is a cop out.

McCain has no idea of what's involved with the economy. And don't even bring up Gov. Palin who's claim to fame is being a neighbor of Russia.

SEC chairman responds to McCain

insearchoftruth — Thu, 18 Sep 2008 23:29:05 GMT

McCain seems to have knee jerk reactions. It's as if he feels compelled to do something to give the appearance of meaningful leadership. Upon modest reflection however it is obvious that his action was merely a distraction and does nothing to address the real problem. We know he does not care about nor understand the domestic issues. Is this a personal vendetta?

Today we learn that he may not be as competent about foreign affairs either. Refusing to meet with a NATO ally (Spain) adds another country to his list of unlikely friends. What makes this interesting is that it was an unnecessary rebuke. We gain nothing while losing a partner in Afganistan and a friend who happens to run the seventh largest economy in the world. Maybe this was a personal vendettal too.