Last week, Sen. John McCain (R-AZ) said that if he were president, he would fire SEC chairman Christopher Cox — a plan that is unconstitutional. “By the way, technically he can’t be quote, fired,” McCain said tonight. “But I’ll tell you, when I’m president, if I want somebody to resign, they resign.” Watch it:
McCain also said that he would like to replace Cox with New York Attorney General Andrew Cuomo. However, in a statement from Cuomo’s spokesperson Alex Detrick, the Attorney General was non-commital: “It would inappropriate to comment in light of our ongoing investigations of short selling during the markets turmoil last week, as well as other market investigations we are currently conducting in conjuction with the SEC.”
There is obviously something very seriously wrong with McSame. Choosing a VP from the Jerry Springer show, and now thinking he can fire the SEC Chairman, and then saying that he wants regulation when he has been a champion of deregulation since 1982. The old man is yelling at the clouds.
September 21st, 2008 at 7:58 pmHuh, he wants to put a democrat in Cox's place...
Is he pandering?
September 21st, 2008 at 7:59 pmHe is just throwing names around all over the place. I am sure Cuomo was like Wahhhh .... who is this guy suddenly nominating me to be head of the SEC. Especially after FauxNoise called out Obama for "Plagerizing" his daddy's speeches.
September 21st, 2008 at 8:03 pmBut I’ll tell you, when I’m president, if I want somebody to resign, they resign.”
When he's president? McCain is basing this qualification on something that hasn't happened yet?
Sounds like more of the Republican love of a good story, the facts be damned.
September 21st, 2008 at 8:16 pmMy god what kind of a true authority figure sticks his chest out, struts & shouts I'm the captain of the ship? Whoops that would be someone who doesn't have any authority or is a bully or an incompetent. Take your pick here.
September 21st, 2008 at 8:17 pm"McCain suggests NY AG Cuomo as SEC chairman, even though he has no power to fire Cox"
Grandpappy McSame is just pandering. And he is trying to clean up his own crapola from infamous gaffe on firing SEC Cox. When is the media going to drill McSame on his gaffe on not sitting down with the leader in Spain [the country that pulled their troops out of Iraq] that he confused with Latin American leaders that McCain considers to be allies i.e. Chavez and Morales?
September 21st, 2008 at 8:20 pmYes, X, he is. The same way he was pandering when, at the Saddleback forum, he named Georgia Democrat John Lewis as one of the three people on whom he'd rely for counsel and advice. When he learned of this pronouncement, Lewis said, "Sen. McCain and I are colleagues in the US Congress, not confidantes. He does not consult me. And I do not consult him."
To me, I found that pandering just pathetic. It's a testament to McCain's barbecue-buddies relationship with the press that he wasn't raked over the coals for it. I kind of hope Obama gets a chance to ask McCain about it during the debates.
And I have no doubt that McCain's mention of Andrew Cuomo is a weak stab at reestablishing his "reach across the aisle" cred that's been so badly tarnished by his shift to the right. It's a win-win for McSame; he get to appear as a bipartisan guy, without actually having to do anything to prove it.
September 21st, 2008 at 8:20 pmDementia Man cometh...
September 21st, 2008 at 8:25 pmGod bless him, McCain just can't tell the truth........he said when asked where he has lived the longest, he repllied "he had lived in Hanoi longer than anywhere".
Wouldn'tn that be a miracle since I think he has lived in Sedona since 1984. He's been a senator from Arizona for nearly 26 years. Unless he moves every 5 years, he lied again.
September 21st, 2008 at 8:30 pm60 Minutes just ended here in the midwest.
How anyone who watched the interviews with McCain and Obama would even think of voting for McCain is beyond my comprehension.
McCain offered no indication of clear thinking or planning for anything. Suddenly he found religion and his longest time in one place was Hanoi. Who can believe that?
Obama on the other hand has plans, vision, and forward thinking. You would have to be a hard core racist not to vote for him because on policy - he beats McCain - no contest.
September 21st, 2008 at 8:30 pmThis is the beginning of the end of the American Empire.
I hope China is wiser than we were.
September 21st, 2008 at 8:36 pmWhat I hear from people that work in the NYS AG's office is that Andrew
September 21st, 2008 at 8:41 pmCuomo is a prick.
MysteriousTraveller Says:
What I hear from people that work in the NYS AG’s office is that Andrew
Cuomo is a prick.
*
why can't mcsame's people
do the same kind of vetting
as this?
+
September 21st, 2008 at 8:43 pmSOMEONE TELL GRAMPY THAT HE'S GOT TO WIN FIRST
September 21st, 2008 at 8:44 pmOr is not looking so black!
September 21st, 2008 at 8:55 pmWith all of this nonsense from John McCain, Barack Obama is not look so black nowadays!
September 21st, 2008 at 8:55 pmOne can't help but wonder if Flippy McSpin's delusions of executive power extend to SCOTUS judges.
September 21st, 2008 at 9:01 pmSounds like what Bush promise to American people when he ran for president,he offered Americans 'Compassionate Conservatism'.
September 21st, 2008 at 9:06 pmAmerican now experiencing how compassionate it is when Secretary of Treasury tell Congress,either you come with the checks of 700 billion dollars or financial markets are in big trouble,here and abroad.
My impression of the 60 Minutes interviews was that they were friendly to McCain and hostile to Obama. McCain got to let slide why Palin doesn't do interviews and Obama was repeatedly questioned why he thought he should be president after he answered the question. Fact checkers will probably have a field day with McCains statements that went unchallenged by the interviewer.
September 21st, 2008 at 9:08 pmMcDole can't remember what he said a week ago..then he denies that he said it...
September 21st, 2008 at 9:08 pmNot a good sign to be a president.
#26 Saterive,
When McCain said he will fire the SEC chairman,right after the bad news surfaced..he meant to use the occasion to show how decisive he can be as a president,but such talk did not help him..it backfired instead.
September 21st, 2008 at 9:19 pmHis words showed that he will take hasty decisions without rationalization or very thorough examination.
Not good signs of leadership.
Maybe the McCain people can convince the debate hosts to let McCain send in his responses. He will be as dumb--and probably dumber--come debate time.
September 21st, 2008 at 9:28 pmDidHeJustSayThat Says:
With all of this nonsense from John McCain, Barack Obama is not look so black nowadays!
This is the stupidest bs I seen all night.
September 21st, 2008 at 10:14 pmkasinca Says:
... Choosing a VP from the Jerry Springer show ...
l o l ...
i'm reminded of the video we've all seen of palin talking at her church... about the war being a task from god, or some such...
but, she's dressed so frumpy-ish... big frumpy jacket, over a cheap out of shape skirt... tights - ok, it's cold up thare - and some sensible shoes... and black framed glasses...
that was just a few months ago... (guess she just had a baby, but)...
September 21st, 2008 at 10:16 pmwhat a makeover!
mcchimpy and plain have the same gene, they bully, insult, humiliate and then fire people that they don't lie on a personal level and then replaces them with the dumbest f9cks imaginable.
September 21st, 2008 at 10:18 pmthe 60 minutes show was pretty good...
i appreciated that you could see and compare the two men at the same time... actually, quite the contrast, i thought...
i've got to learn to quit anguishing over the idjits...
they are lost, and not worth my health...
just wish their actions weren't so consequential to the rest of us...
September 21st, 2008 at 10:37 pm“But I’ll tell you, when I’m president, if I want somebody to resign, they resign.”
Huh??? WTF??? McCain is claiming he's going to run the country in a mafia-like manner? Why doesn't he just say he would make Cox a deal he couldn't refuse?
Haven't we had enough of power-trip thug tactics from the White House? Why in the world does McCain think this attitude will impress us?
September 21st, 2008 at 11:54 pmGeorge Will on This Week: "The question is: who in this crisis looked more presidential, calm and unflustered? It wasn't John McCain, who, as usual, substituting vehemence for coherence, said: 'Let's fire somebody', and he picked one of the most experienced and conservative people in the administration, Chris Cox, and for no apparent reason, or at least none that he vouched safe, he said fire Chris Cox at the SEC. It was unpresidential behaviour by a presidential aspirant."
September 22nd, 2008 at 2:11 amGeorge Will later in the roundtable: "John McCain showed his personality this week and made some of us fearful."
Yes, they are fearful, that he is going to lose.
By election day Mcfool will declare himself a Democrat.
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September 22nd, 2008 at 2:26 amHow about an investigation into the short-selling just before 9/11? Why wasn't that done?
September 22nd, 2008 at 5:10 am"Technically" you cant go to war without a declaration of war from Congress. And "technically" US interrogators cant torture prisoners. And "technically" you cant sign bills into laws and add a few sentences which allow you to violate the same laws. And "technically" you cant disclose the identities of CIA agents. And "technically" you cant fire the chairman of the SEC.
September 22nd, 2008 at 6:44 amAll power to the pig! There's a reason the executive can't fire the SEC chief--it's called independence!
September 22nd, 2008 at 9:22 amI can imagine that if ANY President of the United States asked the SEC chairman to resign, it would happen. It wouldn't matter who it was. The next step is to ask Congress to do whatever procedure was set up for getting rid of these people. I mean, surely there was some mechanism put in place to fire, say, a Fed chairman who couldn't do the job, right?
September 22nd, 2008 at 9:45 amWhat a pander...is there anything McCain won't say to get elected?
And what's the point of having Cuomo at the SEC when you're going to make Phil Gramm your Secretary of the Treasury?
September 22nd, 2008 at 10:10 amif I want somebody to resign, they resign.
And I thought Dumbya had a Napoleonic complex. McCain thinks he controls everything.
September 22nd, 2008 at 10:16 amIf this wasn't so serious, it would almost be funny.
All if have to say is that given the facts, and only the facts, let alone the truth, if this country allows our ignorance and fear to get in the way of electing Obama, God help us, because only God can!
September 22nd, 2008 at 10:56 amThe SEC has had a long history of problems, especially during Republican administrations where oversight is lacking.
Who can forget the 1987 stock market crash where sell orders of large clients were handled first. I know someone who had a stop loss in place only to find the sell executed hours after the stock hit the loss. Hours later meant that this person saw another 20% loss in value of the stock. Her 200 shares were crowded out by the big boys.
Today's issue with short selling is just another example of the big boys profiting at the expense of average Americans. Both times the issue has been lack of enforcement of existing rules and regulations. Passing more rules and regulations is only a small part of the answer. Holding people accountable is a much larger part of the answer. Nobody went to jail in 1987 so it was to be expected that the same mistakes would be repeated at a later time. Unless people actually go to jail we can expect to see corrupt practices repeated in the future. This is not rocket science.
September 22nd, 2008 at 11:34 am