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Friday, September 19, 2008

WSJ Slams McCain for Scapegoating SEC Chairman

McCain truly has become unhinged in the last few days. I worry for his sanity.

Apparently, so do the good folks over at the Wall Street Journal, who slammed McCain for his imprudent and inaccurate attacks on... the Chairman of the SEC, Christopher Cox:

[McCain said,] "The chairman of the SEC serves at the appointment of the President and has betrayed the public's trust. If I were President today, I would fire him."

Wow. "Betrayed the public's trust." Was Mr. Cox dishonest? No. He merely changed some minor rules, and didn't change others, on short-selling. String him up! Mr. McCain clearly wants to distance himself from the Bush Administration. But this assault on Mr. Cox is both false and deeply unfair. It's also un-Presidential...

In a crisis, voters want steady, calm leadership, not easy, misleading answers that will do nothing to help. Mr. McCain is sounding like a candidate searching for a political foil rather than a genuine solution. He'll never beat Mr. Obama by running as an angry populist like Al Gore, circa 2000.

Read the Whole Article