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1 posted on 09/18/2008 11:24:53 AM PDT by Free ThinkerNY
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To: Free ThinkerNY

Cox was my Congressman. his appointment to the office was a surprise to us all.


2 posted on 09/18/2008 11:27:17 AM PDT by edcoil
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To: Free ThinkerNY

While he is at it would he fire the head of DHS for the failure of Border Security?

This is becoming a joke. Everyone has solutions now.


3 posted on 09/18/2008 11:29:40 AM PDT by BGHater (Democracy is the road to socialism.)
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To: Free ThinkerNY

Cox is not the whole problem, but he’s certainly part of the problem.

He has been allowing naked short selling on a massive scale, which is technically illegal but has not been enforced. The SEC just announced that the rule would be reinstated, but that’s locking the stable door . . .

One reason why some of these finance companies have gone bust is that the hedge funds have shorted them into destruction. And one thing leads to another.

Another problem was that, incredibly, the SEC suspended the uptick rule on shorts, which has been in place since the 1987 stock market disaster. Could there have been a worse time to do that than during a potential economic meltdown, when the PPT and the Fed are trying to prop up the market?


4 posted on 09/18/2008 11:29:57 AM PDT by Cicero (Marcus Tullius)
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To: Free ThinkerNY
“If I were president today, I would fire him,” McCain will say, according to his prepared remarks.

ABC News is claiming the President doesn't have the authority to fire the SEC chair - is that correct?

9 posted on 09/18/2008 12:14:10 PM PDT by 24-7Freeper
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To: Free ThinkerNY
Just a thought, but... We all applaud McCain for pushing his "Maverick" style in order to distance himself from the current Administration. And, we agree it should be done. However, there are thousands of government employees, notwithstanding Cox, who are probably shaking in their boots right now wondering if they will have jobs if McCain is elected. I know many govt. positions are affected when the party in charge changes, but how many of the people on our govt. payroll just might not cast their vote for a guy who they know is going to end their career and is being so vocal about it?

Yes, the govt. employee payroll is too big, and there are way too many doing way too little. But, I think McCain might be hurting himself a bit. The tough-guy talk about getting rid of people is, perhaps, a bit premature. Maybe better done after the election when McCain is in office? Just MHO

10 posted on 09/18/2008 12:14:27 PM PDT by CitizenM ("An excuse is worse than an lie, because an excuse is a lie hidden." Pope John Paul, II)
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To: Free ThinkerNY

snarky newsreader said that the president cannot fire the chairman of the SEC

Seems to me if the President appoints the chairman he can certainly remove him


13 posted on 09/18/2008 12:50:18 PM PDT by Carley (she's all out of caribou.............)
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