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McCain suggests NY AG Cuomo as SEC chairman, even though he has no power to fire Cox.

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.”




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38 Responses to “McCain suggests NY AG Cuomo as SEC chairman, even though he has no power to fire Cox.”

  1. kasinca Says:

    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.


  2. Xisithrus Says:

    Huh, he wants to put a democrat in Cox's place...

    Is he pandering?


  3. JimboSlice Says:

    He 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.


  4. Fool Zero Says:

    But 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.


  5. Evergreen2U Says:

    My 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.


  6. SP Biloxi Says:

    "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?


  7. ralph the wonder llama Says:

    Xisithrus Says:
    Huh, he wants to put a democrat in Cox’s place…

    Is he pandering?

    Yes, 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.


  8. Zooey Says:

    Dementia Man cometh...


  9. kraftysue Says:

    God 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.


  10. Marie Says:

    60 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.


  11. Corporate Jesus Says:

    This is the beginning of the end of the American Empire.

    I hope China is wiser than we were.


  12. MysteriousTraveller Says:

    What I hear from people that work in the NYS AG's office is that Andrew
    Cuomo is a prick.


  13. joe cantwell Says:

    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?

    +


  14. rastaman Says:

    SOMEONE TELL GRAMPY THAT HE'S GOT TO WIN FIRST


  15. DidHeJustSayThat Says:

    Or is not looking so black!


  16. DidHeJustSayThat Says:

    With all of this nonsense from John McCain, Barack Obama is not look so black nowadays!


  17. pete Says:

    One can't help but wonder if Flippy McSpin's delusions of executive power extend to SCOTUS judges.


  18. tarazan Says:

    Sounds like what Bush promise to American people when he ran for president,he offered Americans 'Compassionate Conservatism'.
    American 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.


  19. hit_escape Says:

    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.


  20. tarazan Says:

    McDole can't remember what he said a week ago..then he denies that he said it...
    Not a good sign to be a president.


  21. tarazan Says:

    #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.
    His words showed that he will take hasty decisions without rationalization or very thorough examination.
    Not good signs of leadership.


  22. Above the Clouds Says:

    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.


  23. Game of Life Says:

    DidHeJustSayThat 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.


  24. katy Says:

    kasinca 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)...
    what a makeover!


  25. Game of Life Says:

    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.


  26. katy Says:

    the 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...


  27. misshusseinmolly Says:

    “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?


  28. House of Roberts Says:

    George 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."
    George 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.


  29. motorfingaz Says:

    By election day Mcfool will declare himself a Democrat.


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  31. Keith Says:

    How about an investigation into the short-selling just before 9/11? Why wasn't that done?


  32. galmud Says:

    "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.


  33. Doc Rock Says:

    All power to the pig! There's a reason the executive can't fire the SEC chief--it's called independence!


  34. Steaming Pile Says:

    I 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?


  35. cha cha cha Says:

    What 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?


  36. MapleStreet Says:

    if I want somebody to resign, they resign.

    And I thought Dumbya had a Napoleonic complex. McCain thinks he controls everything.


  37. ritenow Says:

    If 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!


  38. DallasNE Says:

    The 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.



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