Oh MAGOO (McCain) you've done it again!

iVillage Member
Registered: 01-27-2008
Oh MAGOO (McCain) you've done it again!
1
Thu, 09-18-2008 - 8:01pm

http://forums.qrz.com/showthread.php?t=57081&page=1695


ABC News' David Wright reports: At a joint rally in Cedar Rapids, Iowa, Thursday, Republican John McCain slammed the Security and Exchange Commission (SEC) for being "asleep," saying that if he were president, he would fire Chris Cox, the chairman of the SEC since 2005 and a former Republican congressman.


McCain said the SEC has allowed trading practices, such as short selling, to stay in place, that turned the "markets into a casino."


"The regulators were asleep, my friends," McCain said. "The chairman of the SEC serves at the appointment of the president, and in my view, has betrayed the public trust. If I were president today, I would fire him."


But while the president nominates and the Senate confirms the SEC chair, a commissioner of an independent regulatory commission cannot be removed by the president.


http://blogs.abcnews.com/politicalradar/2008/09/mccain-blasts-o.html

 

 

iVillage Member
Registered: 04-06-2008
Thu, 09-18-2008 - 8:17pm
Maybe Mccain should ask Sarah to help him