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Bread and Circus Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-18-08 02:13 PM
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Another McCain Gaffe
McCain Flub? Republican Says He'd Fire SEC Chair as President
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http://blogs.abcnews.com/politicalradar/2008/09/mccain-blasts-o.html

September 18, 2008 1:47 PM

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 at the switch" 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.

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Granted, that is a procedural issue. But still, can the guy get anything right?
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Clio the Leo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-18-08 02:14 PM
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1. I'm sure he meant "fire AT him." NT
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truthisfreedom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-18-08 02:16 PM
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4. Don't you leave that to your veep?
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Clio the Leo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-18-08 02:36 PM
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8. true true, lemme tell you what a coworkers said yesterday....
she's all of 18 years old, adorable girl ......... she was telling me how Cheney will be in the area soon, giving a speech at one of our Civil War battlefields .... I JOKED we could wear pink, pretend to be protestors and get escorted away by the Secret Service and how much fun that would be to which she said, "oh, but there'll be too many guns there, Dick Cheney doesn't have a good history with that!"
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jenmito Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-18-08 02:17 PM
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6. Yeah-because he was a POW!
:rofl:
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Thrill Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-18-08 02:15 PM
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2. Why is the media letting him off the hook?
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Pirate Smile Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-18-08 02:15 PM
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3. On MSNBC, they said the Democrats were pointing out that Bush can't fire the SEC chair.
McCain even screws up his set remarks that are supposed to make him seem tough and decisive. Instead, he is clueless.
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EnviroBat Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-18-08 02:17 PM
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5. More tough talk from that mealy-mouthed, empty suit.
An empty suit who bobs around like a Thanksgiving day float. Doesn't say anything meaningful, and stays inflated with his own flatulence.

John McCain is just fucking retarded. It's that simple...
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InternalDialogue Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-18-08 02:21 PM
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7. If only he had Joe Lieberman to whisper in his ear now...
"Uh, you can't do that."

"What?"

"You can't fire the chairman of the SEC."

"My frenz, what I meant to say..."
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