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Don't be short with me! SEC places temporary ban on short-selling
#5
swampy wrote:
Lux... I believe the Chairman of the SEC is appointed by the President so he can be fired by the President.

Supreme court justices are appointed by the president, too.

The Article wrote:
The president doesn't have the authority to fire the SEC chairman, Christopher Cox, although the McCain camp told ABC News that a president could make it clear that the chairman should go of his own accord.

So McCain was basically blustering with the "I'd fire him" rhetoric. He could write a sternly worded letter respectfully requesting him to resign, I guess.

billb wrote:
Let's not be clouding the FUD with facts.

Obama said he'd go further than that and fire everyone in Washington. Everyone.

Very nice. Accuse me of FUD and then twist the quotes into a strawman.

Obama sed: wrote:
"Don't just get rid of one guy," Mr. Obama said at a rally in Espanola. "Get rid of this administration. Get rid of this philosophy. Get rid of the do-nothing approach to our economic problem and put somebody in there who's going to fight for you."

It seems pretty clear that he is saying "vote for me" and not that he'd fire "Everyone."
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Re: Don't be short with me! SEC places temporary ban on short-selling - by Lux Interior - 09-20-2008, 09:32 AM

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